What is the Definition of Malpractice Insurance?

What is the Definition of Malpractice Insurance?

Professional liability coverage for physicians, lawyers, and other specialists against suits alleging negligence or errors and omissions that have harmed clients.

Source: Insurance Handbook A guide to insurance: what it does and how it works | https://www.iii.org/

Label: Insurance
Theme: Dictionary of Insurance Terms

Other Questions: What is the definition of Annuity?

What is the Definition of Malpractice Insurance?

What is the Definition of Malpractice Insurance?

You can find random definition and meaning of insurance terms below:


Meaning of Collision Coverage in Insurance Terms

Portion of an auto insurance policy that covers the damage to the policyholder’s car from a collision.


Meaning of Combined Ratio in Insurance Terms

Percentage of each premium dollar a property/casualty insurer spends on claims and expenses. A decrease in the combined ratio means financial results are improving; an increase means they are deteriorating.


Meaning of Commercial Automobile Insurance in Insurance Terms

Provides coverage for vehicles that are used primarily in connection with commercial establishments or business activities. While the major coverages are the same, commercial auto policies differs from a personal auto policy in a number of technical respects. (See Auto Insurance Policy).


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