Medical Malpractice Insurance That Covers the Insured Only for Those

question 17

Multiple Choice

Medical malpractice insurance that covers the insured only for those claims made while the policy is in force is called:

• A) prior acts coverage
• B) self-insured coverage
• C) claims-made coverage
• D) occurrence coverage
• E) liability coverage

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Definitions:

Aggressively

Taking bold and forceful actions, often in a competitive context, to achieve particular objectives or goals.

Principle Agency Problem

A situation in corporate governance where the interests of principals (owners) diverge from those of agents (managers), leading to potential conflicts.

Incentive

A benefit or reward intended to motivate or encourage a specific action or behavior in economic or organizational contexts.

Decision Maker

An individual or entity responsible for making choices that will impact outcomes in a business, policy, or personal context.