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Flashcards in Professional Liability Deck (5)
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Why do most professional liability policies require consent to settle?

Protect and status of professional (Dr. )

1

Policy that protects corporate officers from legal suits by stockholders or others resulting from mismanagement. (Non intentional)

D&o

2

Protects an employer if an employee fails to perform fiduciary duties while managing pension plan funds defined in ERISA.

Fiduciary liability

3

Protects employer it he or she offers improper advice or counsel with regard to a benefits plan.

Employee Benefits Liability

4

Protects agains suits from employee alleging wrongful termination, unfair discrimination, sexual harassment

Employment practices liability