MANAGEMENT

BUISENESS MANAGEMENT

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If you fall down in your house and sprain your ankle, what type of insurance might be used?
A
life
B
auto
C
long term care
D
homeowner’s
Explanation: 

Detailed explanation-1: -Personal liability coverage on your homeowners insurance policy may help pay for injuries and legal fees that result from an injury to another party on your property if you’re liable.

Detailed explanation-2: -For example, a hairstylist mops her ceramic foyer but fails to warn customers of the slippery conditions, and a customer slips and breaks her leg. The customer’s bodily injury claim for damages, pain, suffering and medical costs falls under commercial general liability coverage.

Detailed explanation-3: -For example, if a customer enters your flower shop, slips on your wet floor and breaks their leg, your general liability insurance can help cover the cost of their medical bills. General liability insurance does not cover your business’s employees.

Detailed explanation-4: -A Guide To Claims Against Public Liability Insurance It could be a slip, trip or fall, falling objects, sharp objects, trip hazards, food poisoning or any other type of injury which could’ve been preventable had the business owner done something differently.

There is 1 question to complete.