Healthcare Practitioners

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What Coverage Do Healthcare Practitioners Require?

Working in the healthcare field can leave you exposed to a number of legal claims. Having a suit filed against you can be disruptive and expensive, even if you did nothing wrong. With the proper insurance policies in place, you can focus on your work and not be concerned with risk.

Professional Liability

More commonly referred to as malpractice insurance within the healthcare industry, a Professional Liability policy will protect you in the event that a patient or their family’s attempt to hold you legally responsible for what they believe was a mistake on your part or an omission of care that resulted in further personal injury or other losses. In some cases, a Professional Liability policy may be required by state law or your employer so having this policy in place can help to mitigate any costs you are deemed to cover. Specifically, you will want to carry a Medical Professional Liability policy to ensure it provides all the appropriate liability coverage.

General Liability

Sometimes called Commercial Liability Insurance or Business Insurance, General Liability Insurance provides coverage for your business against claims for personal injury, property damage or bodily injury. If someone is injured in your business premises, or you are responsible for damage to property, General Liability insurance can cover associated costs, medical costs, and defense costs.

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Why Insurance for Healthcare Workers is So Important

Insurance coverage for healthcare practitioners financially protects you from any civil litigation that could be brought against you, such as financial damages awarded to patients in a medical malpractice lawsuit. In addition to paying claims on behalf of you as the insured, carrying an insurance policy can help you secure legal representation as well as investigations into the claims made against you.  All this can give you a sense of security so that you can perform your job duties without the worry of your financial assets being lost in the event of a lawsuit. The premiums associated with securing a policy as a healthcare professional will vary depending on the specialty of your work, the state you reside in and in some cases, historical claims activity.

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