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In: Finance

In no than less than 200 words, describe the major characteristics of a physicians, surgeons, and...

In no than less than 200 words, describe the major characteristics of a physicians, surgeons, and dentists professional liability insurance policy.

Solutions

Expert Solution

Major characteristics of a physician, surgeons and dentist professionall liability insurance policies will be as follows-

A. Professional liability insurance is that insurance that look to safeguard professionals such as lawyers and surgeons, dentist against negligence and all such other claims which have been made by the clients.

B.professionals who are with expertise and experience in certain fields and lines of work will be needing this insurance cover as General liability cover don't shelter against claims arising from their line of duty which will be misunderstanding and sloppiness or malpractices.

C this type of insurance coverage professional liability services will be including Double Insurance deals with one insurance for individual liability of each person and the other that will be applicable for the group liability.

D. Insurance company will be covering all the duties of the insured emanating out of the named insured suspectability for loss caused by the medical happening.

So it can be said that this type of insurance services will be helping the professionals in order to cover claims which are arising out of their line of duty which will be including the misunderstanding and malpractices.


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