MATCH WITH THE  BEST ANSWER Liability Insurance Mistakes happen. You, your employees, your equipment or your suppliers could make mistakes that ultimately end up hurting your customers, your employees or other people who are involved with your business. To protect your business from being sued, you should consider these types of insurance to limit your liability: 1.   ____General liability   A.  Provides protection if you are sued by a client for errors, omissions or negligence, when performing professional services. 2.   ____Product liability   B.  Covers injury to clients or staff on your premises. 3.   ____ Professional liability insurance C.  Provides protection in the event that your products are defective or cause serious harm to those using them.

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter10: Managing Property And Liability Risk
Section: Chapter Questions
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MATCH WITH THE  BEST ANSWER

Liability Insurance

Mistakes happen. You, your employees, your equipment or your suppliers could make mistakes that ultimately end up hurting your customers, your employees or other people who are involved with your business. To protect your business from being sued, you should consider these types of insurance to limit your liability:

1.   ____General liability

 

A.  Provides protection if you are sued by a client for errors, omissions or negligence, when performing professional services.

2.   ____Product liability

 

B.  Covers injury to clients or staff on your premises.

3.   ____ Professional liability insurance

C.  Provides protection in the event that your products are defective or cause serious harm to those using them.

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