What Is the Best Reason to Carry a Professional Liability

question 5

Multiple Choice

What is the best reason to carry a professional liability policy?

• A) It saves the physician money.
• B) It ensures that the insurer maintains loyalty to its policyholders.
• C) It is inexpensive.
• D) It is guaranteed payment of liability claims.

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Definitions:

Sales Representatives

Individuals responsible for selling a company's products or services to customers and managing client relationships.

Customers

Individuals or businesses that purchase goods or services produced by a company.

Commissioned Sales Rep

A salesperson who earns income based on the amount of sales they generate, receiving a percentage of the sales as their commission.

High-end Retail

Retailers that specialize in selling luxury or premium products and services, often characterized by quality, exclusivity, and high price points.