________ insurance is designed to cover you in the event that a business (its employees) fails to do something that causes harm to a customer.

Question

Quizplus · Accepted Answer

Errors and omissions insurance is designed to protect businesses from claims that arise from negligent acts, errors or omissions that result in harm to a customer. This type of insurance is often recommended for businesses that provide professional services, such as doctors, lawyers, consultants, and Realtors. Negligence insurance is a broad type of policy that can cover a wide range of risks, including E&O claims, but also covers other types of claims, such as bodily injury and property damage. Product liability insurance covers claims that arise from defective products, while casualty insurance covers a range of risks, including bodily injury, property damage, and other types of losses.

________ Insurance Is Designed to Cover You in the Event