Final answer:
Lawyers professional liability insurance does not cover bodily injury and property damage losses; rather, it protects against claims of professional negligence or failure to perform professional duties. General liability insurance is typically where such physical damages would be covered.
Step-by-step explanation:
False. Lawyers professional liability insurance typically covers losses related to errors and omissions in the professional services provided by lawyers, not bodily injury and property damage losses. Those types of losses are usually covered under general liability insurance policies. Lawyers professional liability insurance is designed to protect lawyers and law firms against claims of professional negligence or for failing to perform their professional duties.
The constitutional guarantees, as mentioned, relate to defamation and the need for a public official to prove 'actual malice' to recover damages. On the other hand, the double jeopardy rule, which does not apply to civil cases, illustrates how different legal standards apply to criminal versus civil proceedings. It is important to understand that different types of insurance and legal protections apply to different types of risks and legal actions.