In: Operations Management
1-What are the different parts of a standard liability insurance policy?
2-What is the purpose of the Rehabilitation Act of 1973?
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(1) Liability insurance is any insurance policy that protects an individual or business from the risk of being sued and held legally liable for such things as abuse, injury, or negligence. Personal liability insurance provides protection that can defend you against a number of lawsuits that may occur, such as personal injury, damage to property and others. Standard liability policy covers out - of-court compensation costs, lawsuits, and pocket decisions. Liability insurance also requires two elements together: bodily injury and damage to property.
(2) The main purpose of the 1973 Rehabilitation Act is to ban discrimination on the basis of disabilities in federal agency services, federal financial assistance programs, federal jobs, and federal contractors ' employment practices. It was the first major legislative effort to ensure equal opportunities for disabled people. This legislation provides people with physical and cognitive disabilities with a wide range of services. These conditions can create significant obstacles in American society to complete and continuing jobs, the achievement of independent living, self-determination, and integration.