Medical liability insurance is professional and personal financial protection for any health care professional at risk of being pursued with personal damage claims due to perceived patient negligence or error. Medical liability insurance covers settlements and financial awards to the plaintiff, which ensures your ability to maintain a practice and keep personal assets protected.
When searching for liability insurance, educate yourself on medical liability insurance key terms so that you understand your coverage and insurance company provider responsibilities. Every profession utilizes language or terminology specific to their practice, and the medical insurance world is no exception.
Offers medical malpractice, and professional liability insurance along with risk management services.
Provider of professional liability, life, and disability insurance and risk management information to nurses throughout the United States.
Jul 30, 2013 ... Medical professional liability insurance, sometimes known as medical malpractice insurance, is one type of professional liability insurance.
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ACE Group in the US provides medical liability insurance solutions including hospitals & healthcare systems, life sciences, long term care facilities and other ...
MedPro offers unmatched Medical Malpractice Coverage for Healthcare Physicians.
MLMIC is among the largest providers of medical professional liability insurance coverage nationwide. We are committed to service and integrity. MLMIC's ...
There are several types of professionals that benefit from carrying liability insurance, though none are as well known as medical malpractice insurance for doctors and other medical professionals. This insurance is designed to protect doctors and surgeons from frivolous lawsuits brought by unscrupulous people trying to make a quick buck from a medical emergency or tragedy. It is also necessary to protect medical professionals in the event a mistake is made. If a malpractice suit is brought against a doctor and the court finds in favor of the plaintiff, the damages can be awarded from the insurance policy as opposed to from the doctor's private accounts.
It is a requirement in every state for doctors to carry medical malpractice insurance. There are several different types available and in most cases, policies can be customized to meet the needs of the purchasing physician. Some doctors choose to extend their policies to cover his or her medical staff as an added precaution. You may also choose the amount of coverage you wish to purchase, though many doctors opt to buy at least a million dollar insurance policy and many decide on coverage for larger amounts.
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