If you are a healthcare provider, you likely know that your profession carries a fair amount of risk. So, whether your state requires you have medical liability insurance or not, it is wise to purchase the best possible coverage you can. In this blog, we will look at the different types of medical liability insurance
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Types of Medical Liability Insurance: Understanding Your Options
Selection of professional medical liability insurance coverage is one of the most critical administrative choices healthcare providers make. Today’s medical environment is complex, leaving physicians open to malpractice litigation and possible loss of income, assets and reputation. Keep reading to learn about your medical liability insurance options. What Is Professional Medical Liability Insurance? Also called
READ MOREAn Introduction To Medical Liability Insurance
Medical liability insurance, also known as medical malpractice insurance, is a type of insurance that is purchased to protect physicians or healthcare institutions from liability (financial risks) of practicing medicine. Insurance is a complex subject and understanding the vocabulary, structure, and claim process of medical liability insurance can be highly complicated. However, having professional liability
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Understanding medical liability insurance isn’t as complicated as people may think. There are unique aspects of the policies that make them different from other types of insurance policies, but that doesn’t mean they are more complex. There are really only two types of medical liability insurance policies: Occurrence and Claims Made. There is only one
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