Protects businesses from damages to othersSelect the correct termRisk assessmentPublic liability insuranceWorksafe insurancePremium

Applies to the amount of protection you have through an insurance company in the event of a lossCoveragePremium

Which of the following types of insurance covers the costs of defense and judgments obtained against a company resulting from bodily injury or property damage?Multiple choice question.CasualtyBondingLifeProperty

Limited liability companies

An entrepreneur is starting a business. In order to protect herself, she wants to invest in good insurance policies. She wants one policy that will pay her employees' expenses if they get hurt on the job. She also wants to make sure she is protected from expensive lawsuits if a customer gets injured in an accident while on her property.Which two types of insurance would best address the entrepreneur's concerns?A.Workers' compensation and liability insuranceB.Title insurance and workers' compensationC.Disability and homeowner's insuranceD.Liability and homeowner's insurance

How do InsurTech companies most commonly impact traditional insurance businesses?By acting as reinsurance providersBy replacing the need for agents and brokersBy introducing digital innovations and efficienciesBy setting industry premium rates