In: Psychology
( ) is the type of insurance most closely associated with torts?
A. disability insurance
B. liability insurance
C. vicarious insurance
D. business interruption insurance
Question- ( ) is the type of insurance most closely associated with torts?
Answer- liability insurance (Option B)
Explanation-an aspect of liability insurance is who said pay when something wrong happens to the business or the individual. It covers all the defensive costs with court cost, and protect for which the policyholder is considered to be responsible. Such insurance are most closely associated with torts.