Project management protective liability (PMPL) insurance
Term · Insurance and risk management · MLC-T-INS-002719
A type of professional liability insurance that protects the owner or developer of a construction project from claims arising from the negligence of their project managers or design professionals. This coverage is distinct from the professional liability policies held by the individual design firms or contractors. It provides an additional layer of protection for the project owner against management-related errors and omissions.
| Identifier | MLC-T-INS-002719 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002719",
"term": "Project management protective liability (PMPL) insurance",
"field": "Insurance and risk management",
"definition": "A type of professional liability insurance that protects the owner or developer of a construction project from claims arising from the negligence of their project managers or design professionals. This coverage is distinct from the professional liability policies held by the individual design firms or contractors. It provides an additional layer of protection for the project owner against management-related errors and omissions.",
"url": "https://mlchart.com/terminology/insurance/project-management-protective-liability-pmpl-insurance/"
}
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