What is Professional Liability Insurance?
Professional Liability Insurance, also referred to as "Medical Malpractice" insurance, shields medical professionals from legal responsibility for negligent actions that cause bodily harm, medical bills, and property damage. We provide the following types of professionals with individual insurance:
Professionals in Clinical Research in Dentistry
Emergency Care Specialists
Healthful Exercise Holistic Medicine
Professionals in Home Health Care Laboratories
Medical Management Nurse Practitioner NP
Nurses
Drug-related physician assistants
Psychology, counseling, and behavioral health for expectant mothers, new parents, and postpartum
Healthcare Workers in Surgery
Technologists and Technicians
Therapists
Other Health Care Workers
What distinguishes professional liability insurance from malpractice insurance?
They can both be used interchangeably. Professional liability insurance with a focus on protecting medical professionals is known as medical malpractice insurance.
What would it imply for me if I bought a professional liability insurance policy?
You may be sure you have the malpractice insurance you require by getting your own personal liability protection. Many employer-sponsored insurance plans don't offer superior protection, have specific limits, don't offer legal defense, limit your ability to defend yourself in court, and won't protect you when you're not employed. The only way to safeguard your professional future is to invest in your own private personal liability insurance.
Is it true that having my own personal professional liability insurance policy makes me more susceptible to legal action?
Without a doubt. In actuality, a lawsuit naming you is the first time your insurance status is known. At that point, having your own personal liability protection to defend you against any accusations is ALWAYS preferable.
Do I actually need professional liability insurance for my business?
Absolutely, practically all medical professionals must comply with legal requirements to have some form of liability insurance. Similar to driving a car without auto insurance, practicing medicine without malpractice insurance is risky.
