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LSDefine

Simple English definitions for legal terms

discovery policy

Read a random definition: Electronic Funds Transfer Act

A quick definition of discovery policy:

Discovery policy is a type of insurance policy that covers claims made during a specific period, regardless of when the incidents that gave rise to the claims occurred. It is also known as a claims-made policy. This policy is used to indemnify against all claims made during a specified period.

A more thorough explanation:

A discovery policy is a type of insurance policy that falls under the category of claims-made policies. It is an agreement to indemnify against all claims made during a specified period, regardless of when the incidents that gave rise to the claims occurred.

  • If a doctor has a discovery policy, they are covered for any claims made against them during the policy period, even if the incident that led to the claim happened before the policy was in effect.
  • A lawyer with a discovery policy is protected against any claims made during the policy period, regardless of when the alleged malpractice occurred.

These examples illustrate how a discovery policy provides coverage for claims made during the policy period, regardless of when the incident occurred. This type of policy is useful for professionals who may face claims long after the work was completed, such as doctors, lawyers, and architects.

discovery immunity | discovery rule

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13:13
that is probable i just have a funny where i say “berk today” every single day
2big2fail
13:13
makes sense
@JumpySubsequentDolphin: TODAY IS OUR DAY also 1pm est or pst?
JumpySubsequentDolphin
13:14
YEAHHH SPLITTY. also PST
yo mama jokes will never not be funny
everyone trying to YM each other but no JM... damn :/
AHAHAHAAH
i'm lying in wait dw
if no gtown today i'm crashing out so bad yall don't even know
i will not be racist or say slurs tho unlike Some people
how bad on a scale of wild- evol bunny
HAHAHAH
BulbasaurNoLikeCardio
13:20
Evol bunny said they are dropping out and done with LS, they are too good for it so likely will never see the melt downs again
Dkk
13:20
@SplitterusClitterus: 11:22:24 PST, so in about an hour.
Dkk
13:21
Adios EvolBunny then
yall saw the shit at gtown rn w the pregnant 2l
Dkk
13:22
@HopefullyInLawSchool: Lol
babycat
13:22
we have one local rep who didn’t get reelected bc she went on a podcast and said some crazy shit about jewish people
insane
13:22
@HopefullyInLawSchool: that is so unfair its insane that people have to go through that
theres a student that is literally having a baby and the admin denied her request for a test extension, and told her to come in the day after she gave birth to take the exam w her baby
come in the DAY AFTER SHE GIVES BIRTH
W HER BABY
13:23
saw that, crazy that she cant just hold the fucker in for a day longer
LMFAO
babycat
13:23
gulc going to hell I’m so serious
glovediedthisishismom
13:24
thats definetly horsey on an alt
glovediedthisishismom
13:24
no way any professor did that
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