Skillset can help you prepare! Sign up for your free Skillset account and take the first steps towards your certification.
What type of insurance accounts for company loss due to fraud by staff?
Errors and omissions
Business interruption
Fidelity coverage
Extra expense
Fidelity insurance covers the loss arising from dishonest or fraudulent acts by employees. Business interruption insurance covers the loss of profit due to the disruption in the operations of an organization. Errors and omissions insurance provides legal liability protection in the event that the professional practitioner commits an act that results in financial loss to a client. Extra expense insurance is designed to cover the extra costs of continuing operations following a disaster/disruption within an organization.
Train with Skillset and pass your certification exam. Faster. Guaranteed.
Study thousands of practice questions that organized by skills and ranked by difficulty.
Create a tailored training plan based on the knowledge you already possess.
Know when you’re ready for the high-stakes exam. Have the confidence that you will pass on your first attempt.