An injury or sickness that prevents the insured from performing fully his normal occupation activities. The insured can perform some parts of his duties or work in less demanding circumstances. The partial disablement benefit is less than the total disablement equivalent.
Insurance Encyclopedia
Partial Freight Loss
Where there is a partial loss of freight, the measure of indemnity is such proportion of the sum fixed by the Policy in the case of a valued Policy or of the insurable value in the case of an unvalued Policy, as the proportion of freight lost by the assured bears to the whole freight at the risk of the assured under the Policy.
Partial hospitalization
Structured therapeutic program that is less than 24-hour care (usually during the day) in a hospital facility or other institution (mental or substance abuse facility, rehabilitation hospital, intermediate care facility) for patients moving from full-time inpatient care to outpatient care. Cardiac and chronic pain patients could also use this service.
Partial hospitalization psychiatric facility
Program in which a patient attends for several hours during the day (e.g., 8:30 am to 3:30 pm) . The patient is not there on a 24-hour basis. When completing the CMS-1500 for billing this type of case, the place of service code 52 is inserted in Block 24B of the paper claim form.
Partial Hospitalization Services
Additional services provided to mental health or substance abuse patients which provides outpatient treatment as an alternative or follow-up to inpatient treatment.
Partial hospitalization services (Health Insurance)
Outpatient treatment provided to mental health or substance abuse patients as a substitute for or continuation of inpatient treatment.
Partial Indemnity Clause
A clause in a Knock-for-Knock agreement which applies where one insurer does not cover the damage to his insured’s vehicle or covers it subject to a larger excess. In any such case the insurer concerned agrees to reimburse the other insurer one-half of his payment for damage to the vehicle he insured regardless of the question of legal liability for the accident that caused the damage.
Partial Insurance
Form of Insurance where losses are paid by both the Insurer and the insured.
Partial insurance for Fire Insurance
Not permissible to cover only portions of a building/or only specified machinery (except Boilers). However, where portions of a building and/or machinery are under different ownership it is permissible for each owner to insure separately but to the full extent of his interest.
Partial Interest
An insurable interest in only part of a risk. A partial risk may be insured.