10 Questions
What does general liability insurance provide coverage for?
Bodily injury and property damage
What type of businesses is professional liability insurance designed for?
Businesses that provide services
What does commercial property insurance protect businesses from?
Losses in events such as fire, storm, or theft
Which type of insurance covers expenses related to malpractice and errors?
Professional liability insurance
What is a key difference between general liability insurance and professional liability insurance?
General liability is for all businesses, while professional liability is for service-providing businesses
General liability insurance provides coverage for bodily injury, property damage, and medical expenses
True
Professional liability insurance is designed for businesses that provide services
True
Commercial property insurance protects against losses in events such as fire, storm, or theft
True
General liability insurance is only for specific types of businesses
False
Professional liability insurance covers expenses related to defending lawsuits and settlement bonds or judgments
False
Test your knowledge of commercial general liability insurance and professional liability insurance with this quiz. Learn about the coverage provided by each type of policy and understand the differences between them.
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