Question

In: Operations Management

Which insurance policy would most likely defend and/or indemnify a project Architect against a lawsuit filed...

Which insurance policy would most likely defend and/or indemnify a project Architect against a lawsuit filed by an Owner, wherein the Owner alleges that the project Architect negligently designed the project?

Group of answer choices

Professional Liability Policy

Builders’ Risk Insurance Policy

Workers Compensation Insurance Policy

Commercial General Liability Insurance Policy

Solutions

Expert Solution

The answer is " Professional Liability Policy".

Professional liability insurance policies is the insurance policy that covers all the legal liabilities that arise due to negligence, omissions, or errors of any professional when providing service that can cause damage to the property of third-party or injury to the third-party itself.


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