Lawyers (Attorneys Professional) Liability Insurance
Definition of "Lawyers (Attorneys professional) liability insurance"
Coverage if a lawyer's professional act (or omission) results in the client inflicting bodily injury or property damage to another party, or if personal injury and/or property damage is incurred by a client who brings an action for injuries and or damages suffered. The policy also provides for defense costs, legal fees, and court costs of the defendant, even if the suit is without foundation.
Popular Insurance Terms
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Insurance policy for which the required premium has been paid. ...
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Situation in which several liability insurance policies are in force to cover the same risk, thereby resulting in higher limits of coverage than is required to adequately insure the risk. ...
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