Sexual abuse insurance, also known as molestation and abuse insurance or sexual misconduct insurance, typically covers the costs associated with defending against allegations of sexual abuse, molestation, harassment, or assault. This includes legal fees, settlements, and judgments. Sexual abuse insurance may also cover the costs of counseling or therapy for victims, as well as for the accused.
Specifically, sexual abuse insurance may provide coverage for:
· Legal defense costs, including attorney fees, court costs, and other legal expenses
· Settlements or judgments resulting from sexual abuse or molestation claims
· Crisis management expenses, such as public relations, crisis counseling, or damage control services
· Costs associated with investigation or discovery of a claim, including forensic analysis or polygraph testing
· Medical expenses for victims, including counseling or therapy services
· Lost wages or earnings resulting from a claim
It’s important to review the terms and conditions of any sexual abuse insurance policy to fully understand the coverage provided, as policies can vary widely in terms of what is covered and under what circumstances.
