What is all this talk about “Tail and Nose Coverage”? These are insurance industry terms thrown around by medical malpractice insurance brokers and underwriters, and they expect everyone to know what they mean. While insurance jargon can be confusing, the underlying concepts are not all that complicated. For now, we will just deal with “Tail
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Tips on Finding Malpractice Insurance Tail Coverage
It’s no secret that the practice of medicine is a high-risk profession. Medical malpractice lawsuits can be costly and damaging, both financially and to one’s reputation. That’s why it’s so important for doctors to have adequate malpractice insurance coverage. But what happens if you are sued after your liability insurance policy has lapsed or you’ve
READ MOREThe Importance of Being Proactive when Purchasing Tail Insurance
If you’re looking at a big shift in your professional life—if you’re moving, or mulling retirement, or simply switching practices—and are currently covered under a claims-made policy, it’s important to start looking into tail coverage right away. Tail insurance fills in the coverage gap caused by the cancellation of a claims-made policy. When a big
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