00:01
Hello students, we are asked in the question, a doctor is concerned that the cost of malpractice lawsuit could wipe out her practice.
00:09
So what type of insurance she should per she could? could she purchase to cover such an event, right? so let's start business interruption insurance.
00:21
So basically this is not the answer.
00:23
It is insurance this type of insurance is claimed when there is a loss in the business.
00:31
So, so this is not the answer.
00:31
So, this is not the answer.
00:31
This is not correct so key person insurance for those businesses which are highly dependent on individuals and if i write next so basically this is not the answer for that and this is for the product sold by business so this is also not the answer so answer is professional liability insurance so let's explain this so basically professional liability insurance protects professionals like doctors, lawyers is a insurance that protect, if i write here for this, that protect professionals such as professionals, if i write for these, such as lawyers, freelancers, lawyers, doctors, etc, right? against if i write here for these against negligence and other claims negligence and other claims other claims initiated by the clients initiated by the clients right it can be doctors during medical malpractice medical malpractice grievances submitted against him obliacr...