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professional liability insurance

См. также в других словарях:

  • Professional liability insurance — (PLI), also called professional indemnity insurance (PII) but more commonly known as errors omissions (E O) in the US, is a form of liability insurance that helps protect professional advice and service providing individuals and companies from… …   Wikipedia

  • Professional Liability Insurance — Insurance that protects professionals such as accountants, lawyers and physicians against negligence and other claims initiated by their clients. It is required by professionals who have expertise in a specific area because general liability… …   Investment dictionary

  • professional liability insurance — See errors and omissions insurance. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • professional liability insurance — A policy protecting insured, a professional man, against liability arising from his acts or omissions in the practice of his profession. 29A Am J Rev ed Ins § 1358 …   Ballentine's law dictionary

  • Professional indemnity insurance — provides cover for claims brought against the policyholder due to their professional negligence.There are three types of Professional Indemnity wordings: Negligent act, error or omission This indemnifies the policyholder against… …   Wikipedia

  • professional indemnity insurance — Insurance that gives protection against legal liability for damage or compensation arising out of any neglect, error or omission committed or alleged to have been committed by or on behalf of the insured in connection with the business. Practical …   Law dictionary

  • professional indemnity insurance — PII A form of third party insurance that covers a professional person, such as an accountant or auditor, against paying compensation in the event of being sued for negligence. This can include giving defective advice if the person professes to be …   Accounting dictionary

  • professional indemnity insurance — noun insurance providing protection for professional people (as lawyers, doctors, accountants, insurance brokers, stockbrokers, etc.) to cover legal liability resulting from their negligence or breach of duty or care …   Australian English dictionary

  • Liability insurance — is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril , formed a group and created a self help fund out of which to pay compensation should any member incur loss. The modern… …   Wikipedia

  • liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… …   Universalium

  • professional liability — ➔ liability * * * professional liability UK US noun [U] ► LAW the legal responsibility of a professional person such as a doctor, lawyer, etc. to pay for any damage, harm, or loss that they cause as they do their job: »professional liability… …   Financial and business terms