What type of insurance is designed to protect practitioners such as doctors and lawyers from claims of negligence?

• A. General Liability Insurance
• B. Professional Liability Insurance
• C. Property Insurance
• D. Workers' Compensation Insurance

Answer: (B)

Professional liability insurance is specifically designed to provide protection for practitioners, such as doctors, lawyers, and other professionals, against claims of negligence or malpractice. This type of insurance covers legal fees, settlements, or judgments that may arise from claims made by clients or patients for damages resulting from professional errors, omissions, or negligence in the performance of their professional duties.

In professions where the risk of being sued for professional advice or services is higher—such as in medicine or law—this insurance is critical for safeguarding practitioners' financial stability and their ability to continue working.

In contrast, general liability insurance covers a range of liabilities but is not specific to professional services, and it typically covers bodily injury, property damage, and personal injury claims not related to professional errors. Property insurance protects physical assets, while workers' compensation insurance addresses workplace injuries specific to employees but does not provide coverage for claims of negligence related to professional services.