US: Coverage for a professional practitioner, such as a doctor or a lawyer, against liability claims resulting from alleged malpractice in the performance of professional services.
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UK: Describes the professional indemnity insurance issued to doctors, nurses, surgeons, hospitals and practitioners of complementary therapists. The term is also used more generally in the US as an alternative for professional indemnity.
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Liability insurance for professionals, such as Medical Practitioners, Chartered Accountants, Solicitors, Interior Decorators and such other professionals. See Also: “Professional indemnity Insurance” and “Professional indemnity, standard of care defined.”
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MEDICAL,USA: Professional liability insurance coverage for a physician against the risk of suffering financial damage because of professional negligence, misconduct, or lack of standard skills. Sometimes referred to as medical malpractice insurance, professional liability insurance (PLI) , or liability insurance .