Practice insurance policy
Term · Insurance and risk management · MLC-T-INS-002618
A type of professional liability insurance designed to protect a professional practice, such as a medical or law firm, against claims of negligence or errors in professional services. This policy covers the practice entity and its employees for acts committed in the course of their professional duties. It differs from individual professional liability policies by covering the entire organization.
| Identifier | MLC-T-INS-002618 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002618",
"term": "Practice insurance policy",
"field": "Insurance and risk management",
"definition": "A type of professional liability insurance designed to protect a professional practice, such as a medical or law firm, against claims of negligence or errors in professional services. This policy covers the practice entity and its employees for acts committed in the course of their professional duties. It differs from individual professional liability policies by covering the entire organization.",
"url": "https://mlchart.com/terminology/insurance/practice-insurance-policy/"
}
Record 2,655 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.