Professional Liability Flashcards
0
Q
Policy that protects corporate officers from legal suits by stockholders or others resulting from mismanagement. (Non intentional)
A
D&o
1
Q
Why do most professional liability policies require consent to settle?
A
Protect and status of professional (Dr. )
2
Q
Protects an employer if an employee fails to perform fiduciary duties while managing pension plan funds defined in ERISA.
A
Fiduciary liability
3
Q
Protects employer it he or she offers improper advice or counsel with regard to a benefits plan.
A
Employee Benefits Liability
4
Q
Protects agains suits from employee alleging wrongful termination, unfair discrimination, sexual harassment
A
Employment practices liability