If the CPA hadn't had professional liability insurance, he would have been forced to manage the defense of the case himself, taking away from his billable hours and income. It could never happen to me, or could it? "There is a lot of potential for insurance firms to provide and strength...
indemnity - legal exemption from liability for damages exemption, freedom - immunity from an obligation or duty 3. indemnity - a sum of money paid in compensation for loss or injury amends, damages, indemnification, redress, restitution compensation - something (such as money) given or received ...
Professional Indemnity Cover means any form of financial security for a practitioner in a professional liability action; Sample 1Sample 2 Based on 2 documents SaveCopy Examples of Professional Indemnity Cover in a sentence This Policy shall extend to include Charity Professional Indemnity Cover provided ...
Scurria S, Asmundo A, Crinò C, Gualniera P: Professional liability insurance in Obstetrics and Gynaecology: estimate of the level of knowledge about malpractice insurance policies and definition of an informative tool for the management of the professional activity. BMC Res Notes 2011, 4 : 544...
Markel Corporation has named John Lecci as senior director of Professional Liability. He will be heading up the New York-based US Professional Errors & Omissions team. Markel Corporation Hires Lecci as Senior Director of Professional Liability in New York Hamilton, NJ, July 31, 2019 --(PR.com...
policy altogether. Another key definition is design professionals insurance because it can often be written in a variety of ways. Even though the intent is to sit excess of the design professional's (DP) professional liability (PL) insurance, some insurers include "all liability insurance" or al...
Professional liability insurance is typically a claims-made insurance policy. That means the policy covers claims made during the coverage period—and may include events that occurred in the past. Claims-made policies may include: Retroactive date This is the date your professional liability insurance...
ProfessionalLiability insurance shall be written with limits no less than $1,000,000 per claim and $1,000,000 policy aggregate limit, as applicable. Efforts(a) Subject to the terms and conditions of this Agreement, each Party shall use its commercially reasonable efforts, and shall cooperate fu...
9. Limitation of Liability.IN NO EVENT WILL EITHER PARTY OR ITS AFFILIATES HAVE ANY LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT FOR ANY LOST PROFITS, REVENUES, GOODWILL, OR INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, COVER, LOST DATA, BUSINESS INTERRUPTION, OR PUNITIVE DAMAGES, WHETH...
Other Policy Benefits: Host liquor liability Fire/water damage legal liability Medical expense payment Defendants expense Deposition fees and expenses Damage to property of others HIPAA/HITEHC fines and penalties First aid expense Sexual misconduct ...