Malpractice insurance
Term · Insurance and risk management · MLC-T-INS-002106
Professional liability insurance that protects professionals, such as doctors, lawyers, and accountants, against claims of negligence or misconduct in the performance of their professional duties. It covers legal defense costs and damages awarded in lawsuits alleging errors, omissions, or wrongful acts that resulted in harm to a client or patient. This coverage is a requirement for many licensed professionals.
| Identifier | MLC-T-INS-002106 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002106",
"term": "Malpractice insurance",
"field": "Insurance and risk management",
"definition": "Professional liability insurance that protects professionals, such as doctors, lawyers, and accountants, against claims of negligence or misconduct in the performance of their professional duties. It covers legal defense costs and damages awarded in lawsuits alleging errors, omissions, or wrongful acts that resulted in harm to a client or patient. This coverage is a requirement for many licensed professionals.",
"url": "https://mlchart.com/terminology/insurance/malpractice-insurance/"
}
Record 2,036 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.