2006-10-27 04:31:04 · 8 answers · asked by I NEED YOUR HELP PLEASE 1 in Business & Finance ➔ Insurance
One is a subset of the other.
Professional liability is the umbrella of coverages that includes more than just malpractice coverage.
Malpractice insurance comes into play when the provider has a standard or duty of care. In medical cases, the doctor has standards of care that may be abridged. In legal cases, the lawyer has a duty to provide a certain level of competence.
2006-10-27 08:50:37 · answer #1 · answered by markmywordz 5 · 1⤊ 0⤋
Kind of. Medical malpractice insurance is a specialized kind of professional liability insurance that is geared (and priced) towards doctors and medical caregivers only.
2006-10-27 04:38:18 · answer #2 · answered by Brian L 7 · 0⤊ 0⤋
Yes, but doctors and insurers don't like the word "malpractice" so they use the euphemistic "professional liability".
2006-10-27 04:39:43 · answer #3 · answered by Anonymous · 0⤊ 0⤋
No. Malpractice is a subcategory of professional liability.
Malpractice is a type of professional liability, like an apple is a type of fruit.
2006-10-27 07:06:11 · answer #4 · answered by Anonymous 7 · 1⤊ 0⤋
yes and no. Most people think of malpractice as a medical thing. There is also legal malpractice.
When a CPA does the wrong thing we do not think of it as malpractice but it really is.
2006-10-27 04:35:51 · answer #5 · answered by ignoramus 7 · 0⤊ 0⤋
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2016-10-16 11:23:43 · answer #6 · answered by Erika 4 · 0⤊ 0⤋
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RE :Are malpractice insurance and professional liability insurance the same thing?
Follow 7 answers
2017-03-25 08:56:24 · answer #7 · answered by ? 6 · 0⤊ 0⤋
yes
2006-10-27 04:32:45 · answer #8 · answered by David B 6 · 0⤊ 0⤋