Define Professional Liability Insurance. Professional Liability Insurance synonyms, Professional Liability Insurance pronunciation, Professional Liability Insurance translation, English dictionary definition of Professional Liability Insurance. Noun 1. m
Define insurance. insurance synonyms, insurance pronunciation, insurance translation, English dictionary definition of insurance. n. 1. a. The act, business, or system of insuring. b. The state of being insured. c. A means of being insured. 2. a. An arra
Insurance Liability. All exhibitors at the 2020 National Pheasant Fest & Quail Classic at the Minneapolis Convention Center will need to provide a certificate of liability insurance naming Pheasants Forever, Inc. as an additional insured. This certificate must be delivered prior to January 1st, 2020...
liaˈbility inˌsurance [uncountable] insurance against damage or injury caused by NEGLIGENCE. Professional people take out liability insurance to cover claims made against them by clients, and companies take it out to cover injury caused by their products, or negligence by people who work for...
1. No distinction is made between bodily injury or property damage liability, and there is no limit on the number of claims per accident but rather a limit of liability per claim. This recognizes the fact that one negligent act on the part of a professional person may involve more than one...
Employers’ Liability Insurance: Definition, Coverage, Limits When it comes to running a successful business, there are many factors that need to be considered. Finances, hiring the right employees, and ensuring workplace safety are just a few examples. One aspect that often gets overlooked is em...
Types of Insurance: The Contractor/Contract Professional shall obtain, and maintain during the term of any Agreement, insurance in the following kinds and amounts: Workers’ Compensation Insurance as required by state statute, and Employer’s Liability Insurance covering all the Contractor’s Contract...
Understanding Malpractice Insurance: Definition, Types, Importance Welcome to our Finance category, where we dive deep into various financial topics that can help you make informed decisions about your money. In this blog post, we will shed light on malpractice insurance, its definition, different ty...
Professional liability insurance protects professionals like lawyers and physicians against negligence and other claims initiated by their clients. more Unfair Claims Practice: What it is, How it Works, Examples Unfair claims practices occur when an insurer tries to avoid or delay paying a claim that...
The two basic types of professional liability insurance are claims-made policies or occurrence policies. Legal costs, punitive damages, and medical damages are all covered under malpractice insurance. Understanding Malpractice Insurance Most medical doctors will need malpractice insurance sometime during thei...