Knowledge Library Compulsory Compulsory A requirement that is either legally mandatory or condition of the insurance provider. ← Return to the Knowledge Library More Terms Crisis Response FCA NHS Trust Credit Run-Off Cover Worldwide Jurisdiction Excess Layer Aggregate Claim Current Liabilities Commercial Business Locum Insurance Indemnity Claim Frequency Reimburse ACCA Medical Indemnity Complaint Medical Device Life Sciences Private Practice PRA Auditing Premium