Quiz: Insurance & Legal December 14, 2016by CHCF Staff If you are a homeowner, your homeowner’s insurance will cover property damage as well as any accident that a child enrolled in your program suffers.* True False If you are a homeowner, a business related lawsuit that results in a legal judgment against you may result in the loss of your home.* True False In the event of an auto accident, standard auto insurance will cover medical expenses for children enrolled in the program.* True False If I obtain medical insurance for accidents in the home, accidents away from home will also be covered.* True False Professional liability insurance includes coverage for charges of child abuse.* True False It is recommended to list all employees and residents (18 years or older) in the home for child abuse coverage.* True False All policies provide coverage for incidents that occurred during the policy period, even if charges are made years later.* True False Expenses related to any investigation may be included in the policy.* True False $1 million limit per occurrence is excessive.* True False The law requires that employers provide medical insurance to employees.* True False The law mandates I obtain medical insurance for myself and my family; the exception is if I am Medicaid-eligible.* True False The cost of medical insurance for you and your family is deductible as a business expense.* True False Since I am self-employed, I am not able to obtain disability insurance.* True False Life insurance provides financial benefits to beneficiaries of policy upon death of policyholder.* True False Email me my quiz results You will also be shown your results after you press submit.Add me to the newsletter Yes Get more information to your inbox on Child Care.