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Claims-Made Policy |
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claims-made policy
Etymology: L, clamere, to cry out; ME, maken + L, politicus, the state a professional liability insurance policy that covers the holder for the period in which a claim of malpractice is made. The alleged act of malpractice may have occurred at some previous time, but the policy insures the holder when the claim is made. Compare occurrence policy. Claims-Made Policy A type of medical malpractice or professional liability insurance policy for a physician or other health care professional in which coverage is provided for any claim that occurs only while the policy is in force, regardless of when the alleged malpractice, negligence, or injury occurred
claims-made policy Malpractice A type of medical malpractice or professional liability insurance policy for a physician or other health care professional in which coverage is provided for any claim that occurs only while the policy is in
force, regardless of when the alleged malpractice, negligence, or injury occurred. Cf Nose coverage, Occurrence policy, Tail coverage. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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