Insurance policys Flashcards

1
Q

General Liability Insurance

A

Covers injuries to visitors and contractors in the facility.

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2
Q

Professional Liability Insurance

A

Covers you if a patient or individual wearing a patient ID band is injured by nursing staff.

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3
Q

Automobile insurance

A

covers the facility if the facilities van is damaged in a accident.

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4
Q

Property Insurance

A

Insures the facility where the building or roof is damaged by a storm or other natural disaster.

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5
Q

Officers and directors insurance

A

Pays legal fees to represent officers ad director when sued by shareholders or others for action taken in the scope of their employment.

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6
Q

Business Interruption Insurance

A

Pays the facility for lost of income due to the business not being able to operate because of a natural disaster.

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7
Q

Burglary Insurance

A

pays the facility if money or property is stolen.

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