Glossary

Advertising Injury:

Injury arising out of oral or written publication of material that slanders or libels an entity or disparages an entity's goods, products, or services; violates an entity's right of privacy; misappropriation of advertising ideas or style of doing business; and infringement of copyright, title, or slogan.

Aggregate:

An aggregate is a total. The total amount of liability for all claims in one policy year shall not exceed the limit of liability as stated on your certificate of insurance.

Assault:

Any willful attempt to inflict physical harm on you by another which results in injury or damage.

Claim:

A demand for money or services; also the filing of a suit or the starting of arbitration proceedings naming you and alleging injury or damage
Claim Expenses: Fees charged by an attorney we designate; all other fees, costs, and expenses, including interest on that part of any judgement that does not exceed the limit of your coverage, which result from the investigation, adjustment, defense and appeal of a claim

Claims-Made Policy:

Policy type that covers the named insured for claims made and reported to the insurance company while the policy remains in force.
Complaint: Official documentation required by an entity responsible for regulating your professional conduct to trigger an investigation of you for a medical incident covered by this policy.

Covered Expenses:

Only expenses for travel, food, lodging, and wage loss incurred by you for your required attendance at a disciplinary hearing or proceeding.

Damage:

Physical injury to tangible property, including all resulting loss of use of that property; or loss of use of tangible property that is not physically injured.

Disciplinary Hearing:

A hearing or professional review conducted by any state or federal administrative agency, licensing or regulatory authority responsible for regulating your professional conduct.

Fraud:

Intentional deception resulting in damage to another, whether to his person, rights, property, or reputation. Fraud usually consists of a misrepresentation, concealment, or nondisclosure of a material fact, or at least misleading conduct, devices, or contrivance.

Incompetence:

The inability or lack of legal qualification or fitness to discharge the required duty.

Injury:

Bodily injury, sickness, disease, mental or emotional distress sustained by a person, or death resulting from such injury

Liability Risk:

Liability loss or exposure where negligent acts may occur for which an inpidual or organization may be held responsible. The act must be injury to or property damage of Others. This coverage is also known as "third party insurance".

Limits of Liability:

The maximum amount of coverage agreed upon in the insurance contract that the company would pay in the event of a loss.

Locum Tenens:

A Healthcare Provider who is serving as a temporary relief or substitute.

Medical Incident:

Any act, error or omission in your providing or failure to provide professional services, including your responsibility for anyone acting under your direction or control.

Negligence:

The failure to exercise the proper degree of care required by a prudent person.

Occurrence Policy:

Type of policy which will cover the named insured for bodily injury or property damage to others which occurs during the policy period, regardless of when the claim is actually reported as long as the policy was in force at the time of the bodily injury or property damage.

Personal Injury:

Injury arising out of testimony given at or arising out of inquests; malicious prosecution; false arrest, detention, imprisonment, wrongful entry or eviction or other invasion of the right of private occupancy; libel, slander or other disparaging materials; a violation of an inpidual's right to privacy; assault, battery, mental anguish, mental shock or humiliation; advertising injury.

Personal Property:

Property other than buildings and their appurtenances, consisting of furniture, fixtures, machinery and equipment not permanently installed, all other personal property owned by you and used in your practice, and merchandise held in storage for sale, raw materials and in process or finished goods, including supplies used in their packing or shipping.

Premises:

The location described on the certificate of insurance; any additional premises used for professional purposes, for which you have given notice to us, not less than 30 days after such premises is to become insured under the policy.

Professional Services:

Those services for which you are licensed, trained, and qualified to perform in your capacity as a healthcare provider in the professions shown on the Certificate of Insurance. Also, your services while acting as a member of a formal accreditation, standards of review, or similar professional board or committee, including the directives of such board or committee.

Underwriting:

The selection and classification of profitable insureds through a clearly stated company policy consistent with company objectives.

Workplace:

Any location used for professional purposes.