Business Insurance
» Business Insurance, Volume 2, Issue 7, 2002
If respondent purchases business insurance, BUT does NOT purchase insurance to cover product or professional liability.
3B3. Did you drop coverage for product or professional liability in the last three years, OR have you not purchased it in the last three years?
Response | ||||
---|---|---|---|---|
1 | Dropped | 2 | ||
2 | Not purchased | 96 | ||
3 | DK/Refuse | 2 | ||
Total (%) | 100 | |||
N | 197 |
Notes: Two percent of small employers with business insurance, but not covering product or professional liability, dropped that line of coverage in the last three years (Q#3B3).