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Wednesday, 22 April 2026
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An insurance cover that protects experts from bearing the cost of negligence arising ...

An insurance cover that protects experts from bearing the cost of negligence arising from their service?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Fidelity guarantee insurance
  • B Third party liability insurance
  • C Professional indemnity insurance
  • D Product liability insurance
Correct Answer: Option C
Explanation:
professional indemnity insurance is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

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