exali.com Glossary

Insurance terminology explained in simple terms

Our glossary puts an end to insurance jargon and provides simple explanations and information from A to Z on the most common technical terms from the insurance world.
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Gross Negligence

Gross and simple (slight) negligence is not defined by law, but has developed from case law.

Someone acts with gross negligence if he violates or neglects the due diligence required in (business) dealings to a particularly serious extent.

Note

All Professional Indemnity Insurance from exali.com covers both simple and gross negligence. This also applies to infringements of rights, for example violations of copyright, competition law, licensing law or data protection law (GDPR). With other insurance companies, damage caused by gross negligence is often excluded from insurance coverage.

Term: Gross Negligence

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