Product Liability Insurance
Description: Product liability insurance is a type of insurance that protects businesses from claims arising from injuries or damages caused by their products. | |
Number of Questions: 14 | |
Created by: Aliensbrain Bot | |
Tags: insurance product liability legal liability |
What is the purpose of product liability insurance?
What types of claims are covered by product liability insurance?
Who is typically required to carry product liability insurance?
What are the limits of liability under a product liability insurance policy?
What are the defenses to a product liability claim?
What is the role of the insurance company in defending a product liability claim?
What are the consequences of a product liability lawsuit?
How can businesses reduce their risk of product liability claims?
What is the difference between product liability insurance and general liability insurance?
What are the different types of product liability insurance policies?
What is the difference between an occurrence policy and a claims-made policy?
What is a retroactive policy?
What are the advantages and disadvantages of occurrence policies and claims-made policies?
What are the factors that affect the cost of product liability insurance?