Business Insurance
» Business Insurance, Volume 2, Issue 7, 2002
If respondent's business either purchases insurance OR is self-insured and purchases insurance.
Do you buy business insurance that covers:?
3B. (business insurance coverage) Product or professional liability, including negligence, and errors and omissions.
| Response | Small employers who purchase business insurance | All small, employing businesses/Small employers | ||
|---|---|---|---|---|
| 1 | Yes | 67 | 58 | |
| 2 | No | 30 | 39 | |
| 3 | DK/Refuse | 3 | 3 | |
| Total (%) | 100 | 100 | ||
| N | 687 | 753 | ||
Notes: Sixty-seven (67) percent of small employers who purchase business insurance have product or professional liability coverage (Q#3B). Fifty-eight (58) percent of small employers purchase business insurance to cover product or professional liability (Q#3B).
