In: Operations Management
Jim lost his job after his colleague Tom tarnished his reputation in the office. Jim subsequently sues Tom for this. Which of the following insurance policies would have covered such a risk for Tom?
Health insurance policy |
Homeowner's insurance policy |
Disability insurance policy |
Personal liability insurance policy |
Whole-life insurance policy |
B. Homeowner's insurance policy
REASON :
A homeowner's insurance policy covers damages arising from lawsuits filed by bodily injured and who sustained personal injuries. Bodily injured is injury caused to body and personal injury is slander, libel etc. A homeowner's policy would have covered Tom from defamation lawsuit that Jim filed.