As a healthcare professional, you probably know that doctors are not the only professionals that can get sued for medical malpractice. Whether you are a nurse practitioner or a pharmacist you are at risk for a lawsuit. Give yourself some peace of mind by purchasing a Professional Liability insurance policy for healthcare professionals. Professional Liability is Medical Malpractice insurance that will provide coverage for many types of healthcare professionals if they are involved in a malpractice suit.
Unfortunately, mistakes can happen no matter how careful you may be. Depending on the type of healthcare professional you are, your risks may be more significant. Regardless of the magnitude of your exposure, it is crucial to be aware of it and protect yourself and your career. Some risks that you should always be mindful of include:
The Professional Liability insurance policy for healthcare professionals will cover the following at a minimum:
Anyone within the healthcare field that is a licensed professional or student needs to be protected by a Professional Liability insurance policy. Some positions include, but is not limited to:
Of course, prices will vary, but most health care professionals can expect to pay at least $650 annually for the standard $1,000,000 coverage limit. Some factors that may increase the cost are higher coverage limits, past claims history, location, if you have employees, and if you choose to have a deductible. A great way to save is to bundle all of your insurance needs with one company. CoverWallet works with several companies who specialize in Professional Liability insurance for healthcare professionals, and also the other insurance policies you may need (like General Liability, Commercial Auto, Workers Compensation, or Cyber Liability). Our team of educated advisors is standing by to offer you a free, no-obligation quote today. Call or apply online to protect your career.