Section 37 Coverage Section of the Policy

• Library: Prof Liability 2005

Coverage provided under a medical malpractice liability policy is generally divided into either individual (Part A) or partnership/association/corporation (Part B) coverage, which may be purchased individually or jointly.

The standard Part A provides coverage for:

• a sum of money the insured may become legally obligated to pay as damages
• caused by a medical incident
• that occurred after the retroactive date
• while the insured holds a valid and registered license
• for which a claim is made against the insured and
• is reported to the insurer
• during the policy period
• arising out of the practice of the insured’s profession.

The standard Part B generally provides...