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

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1
Q

Why do most professional liability policies require consent to settle?

A

Protect and status of professional (Dr. )

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2
Q

Protects an employer if an employee fails to perform fiduciary duties while managing pension plan funds defined in ERISA.

A

Fiduciary liability

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3
Q

Protects employer it he or she offers improper advice or counsel with regard to a benefits plan.

A

Employee Benefits Liability

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4
Q

Protects agains suits from employee alleging wrongful termination, unfair discrimination, sexual harassment

A

Employment practices liability

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