Malpractice Liability Insurance
Definition - What does Malpractice Liability Insurance mean?
Malpractice liability insurance is a policy for health professionals like doctors and nurses that provides financial assistance either for a lawsuit filed by an aggrieved patient or for claims made for injuries related to their services.
Insuranceopedia explains Malpractice Liability Insurance
A person might claim that a surgery has worsened their condition and sue the surgeon for professional incompetence or negligence. Malpractice liability insurance will cover the surgeon for the duration of the trial. If the court awards the plaintiff money from the surgeon-defendant, the policy might also help out, but the amount depends on what is stated in the policy for a scenario like this.