Completion of maintenance is the current completion of contract work at existing facilities. The general insurance program remains in place indefinitely, and contract work is simply added as it arises. Also known as “controlled insurance program (CIP) for operations” (CIPO), “indefinite termination”, or “gate closure”. These programs are almost always controlled by the owner.
Maintenance, treatment and wages is a common maritime law concept that lays out the shipowner’s obligations to the crew. Terms are defined as follows. * Maintenance is an appropriate rehabilitation and working environment that must be available to the seafarer, including but not limited to the provision of accommodation and meals during recovery. * Cureis Medical treatment for recovery, at least as far as medical science can provide. This obligation, also referred to as “maximum medical treatment”, is incumbent on the seafarer in the event of accidents, as well as illnesses such as appendicitis, which are not normally subject to the provisions of state compensation laws. Health care is provided free of charge or at low cost in areas where adequate public health facilities are available. * Salary is the seafarer’s normal salary during illness, but not higher than the end of the voyage. On year-round ships, on inland waterways, wages may not exceed: the period of the year, the end of the contract or the period of sickness, whichever is shorter. For the depreciation of future income, the seafarer must file a claim.
Essential Life Activity is a term in the Americans with Disabilities Act (ADA) of 1990 that refers to the severity of the disability required to qualify for protection under the law. In order for a person to be considered disabled for the purposes of the law, it is necessary to significantly restrict his main life activity. Activities considered essential include, but are not limited to, self-care, manual work, walking, seeing, hearing, speaking, breathing, learning, and working.
Basic health insurance is health insurance that provides very high benefits with a very large deductible. There may also be internal restrictions and a participation clause, sometimes referred to as a “co-insurance clause”.
The Major Shareholders Exception is an exception contained in some directors and officers (D&O) liability policies that excludes coverage for claims brought by individuals who own a significant share of the insured person’s shares (typically 5 to 10 percent). The basis for exclusion is that such claims are often the result of infighting or personal conflicts between major shareholders and management, rather than due to management errors related to material business decisions.
Malicious code is any virus, Trojan horse, malware, worm, or any other similar program, code, or script that is deliberately designed to inject itself into a computer’s memory or disk and spread from one computer to another. Malicious code can usually spread at an exponential rate, even if a small number of computers are initially affected.
Malicious prosecution is an intentional offense that occurs when a lawyer brings a claim that has no legal or factual basis. In order to prove a claim of malicious prosecution, the plaintiff must also show that the claim was dismissed favorably (i.e., by a decision of the defense, not by a settlement agreement). In addition, the plaintiff must prove that the claim was brought with malicious intent. Even though malicious harassment is an intentional wrongdoing, most lawyers’ professional liability policies generally cover such claims.
A malpractice is a professional error, omission, or act of negligence in the performance of a professional act. Also, a term used to refer to a type of professional liability insurance coverage written for physicians, surgeons, accountants, lawyers, architects, and engineers, among others.
Malpractice insurance is professional medical practitioner insurance that will protect professional liability claims and indemnify up to the maximum limit. Also known as “professional liability insurance”.