MLchartDataset catalogue

Professional services exclusion

Term · Insurance and risk management · MLC-T-INS-002706

A clause in a Directors and Officers (D&O) liability insurance policy that removes coverage for claims arising from the rendering or failure to render professional services. This exclusion prevents a D&O policy from acting as a substitute for professional liability insurance, such as errors and omissions coverage. It clarifies the distinct scope of D&O protection.

Table 1. Record
IdentifierMLC-T-INS-002706
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-002706",
  "term": "Professional services exclusion",
  "field": "Insurance and risk management",
  "definition": "A clause in a Directors and Officers (D&O) liability insurance policy that removes coverage for claims arising from the rendering or failure to render professional services. This exclusion prevents a D&O policy from acting as a substitute for professional liability insurance, such as errors and omissions coverage. It clarifies the distinct scope of D&O protection.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/professional-services-exclusion/"
}

Record 2,728 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.