Suggest an insurance scheme for a doctor to protect him from any claims of negligence against him.
-
Fire insurance
-
Liability insurance
-
Marine insurance
-
Health insurance
B
Correct answer
Explanation
Liability insurance can insure the doctor against claims of negligence. In case of liability policies, the sum insured is the liability exposure of the industrial units based on the degree of exposure and geographical spread. Additional legal costs and expenses may also form part of claim compensation. The sum insured is decided by the insured based on the above parameters.