Question

In: Operations Management

Jim lost his job after his colleague Tom tarnished his reputation in the office. Jim subsequently...

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

Solutions

Expert Solution

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.


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