AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 156 Topic 16 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 156 Topic 16 Discussion

CWM_LEVEL_2 Exam Topic 16 Question 156 Discussion:
Question #: 156
Topic #: 16

Section B (2 Mark)

Ram is working in Rashid Enterprises, a proprietorship firm.During his working hours Ram was injured seriously. Due to this injury Ram was hospitalized for six months. Ram is the only bread winner of his family. Ms. Rashid, the proprietor of Rashid Enterprises is liable to pay damages to Ram. Under which of the following policy Rashid can protect himself from this liability?


A.

The Directors’ and officers liability policy


B.

Key Person Life Insurance Policy


C.

Product Liability Insurance


D.

Employer’s Liability Insurance Policy


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