Question
What covers professionals for negligence and errors or
omissions that injure their clients?Solution
Professional liability insurance protects professionals such as accountants, lawyers and physicians against negligence and other claims initiated by their clients. It is required by professionals who have expertise in a specific area because general liability insurance policies do not offer protection against claims arising out of business or professional practices such as negligence, malpractice or misrepresentation.
Which of the following terms is NOT associated with insurance?
Who has been elected as the president of Auto industry body 'Society of Indian Automobile Manufacturers' (SIAM) for 2022-23?
An extension of endowment plans is known as which policy?
The insurance is listed in which schedule to the Constitution of India?
As per Rule 141 of Central Motor Vehicle Rules 1989, a certificate of Insurance is to be issued only in Form _____.
A comprehensive motor insurance policy covers:
Which bank becomes the first bank to set up a wholly-owned non-life insurance company?
Who is the author of the book titled “The Poverty Of Political Economy: How Economics Abandoned the Poor?”
A standing agreement between insurers and reinsurers. Under a treaty each party automatically accepts a specific percentage of the insurer’s business ...
Which Section of the IRDAI Act,1999 specifies the Duties, Powers and functions of the Authority?
