MLchartDataset catalogue

Negligence

Term · Insurance and risk management · MLC-T-INS-002287

The failure to exercise the degree of care that a reasonably prudent person would have exercised under the same circumstances, resulting in harm to another party. To establish negligence, four elements must be proven: duty, breach of duty, causation, and damages. This concept forms the basis for many liability claims in insurance.

Table 1. Record
IdentifierMLC-T-INS-002287
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002287",
  "term": "Negligence",
  "field": "Insurance and risk management",
  "definition": "The failure to exercise the degree of care that a reasonably prudent person would have exercised under the same circumstances, resulting in harm to another party. To establish negligence, four elements must be proven: duty, breach of duty, causation, and damages. This concept forms the basis for many liability claims in insurance.",
  "url": "https://mlchart.com/terminology/insurance/negligence/"
}

Record 2,277 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.