Medical Malpractice-FAQ

Professional Liability - FAQ's Back to Professional Liability

What is a claims-made policy?
According to Rupp’s Insurance and Risk Management glossary: A claims-made policy is defined as a liability policy that provides coverage for an injury or loss if the claim is first reported or filed during the policy period. Generally, medical malpractice, professional liability and high-hazard product liability policies are written on a claims-made basis.

Thompson Insurance
311 South 4th Street, Suite 102 · PO Box 5996 · Grand Forks, ND 58206-5996
Phone: (701) 775-4626 · Fax: (701) 239-0009