Excess Liability (Umbrella excess liability) coverage is a comprehensive form of excess liability coverage, providing coverage excess of a number of third party exposures such as medical professional liability, commercial general liability, automobile liability, non-owned aircraft liability, time element coverage and employers liability.

True or False?

Group of answer choices

True

False

Automobile liability coverage protects against loss arising out of the ownership, maintenance, or use of automobiles and their equipment. It extends to vehicles you own, hire or borrow, and those you do not own but may be responsible for, such as the personal car of an employee used in a home health operation.

True or False?

Group of answer choices

True

False

Hospitals need to purchase separate heliport liability coverage for their landing sites for life-flight operators or other emergency helicopter landings.

True or False?

Group of answer choices

True

False

The purpose of D&O insurance is to protect directors, trustees and key executives in the event of personal liability litigation, or to insure the healthcare entity itself from its obligation to provide indemnity from such litigation.

True or False?

Group of answer choices

True

False

What organization called for the establishment of rules of the road for distributing health care data?

a. Office of the National Coordinator for Health Information Technology (ONC)

b. Department of Defense (DOD)

c. Health and Human Services (HHS)

d. Institute of Medicine (IOM)

Group of answer choices

d

a

b

c

The risk management professional needs tools to:

a. Automate common processes

b. Knowledge bank of credible information on which sound risk reduction strategies can be based

c. Access complete financial information of the organization

d. Gather intelligence for in-depth analysis in real-time

Group of answer choices

a, b, d

a, b, c

b, c, d

a, c, d