Our coverage provides protection against claims that may be brought against you in your practice as a physician. The carrier is rated A (Excellent) by A.M. Best.
Features and Highlights…
Individual Policy Benefits:
- LIMITS – Base coverage is $100,000/$300,000. Carrier offers “straight-through” coverage of 1ML/3ML.
- POLICY TYPES – Occurrence and standard claims-made (with prior acts available) policy types are available.
- PREMIUM CREDITS – Premium credits are available for claims-free, risk management, and large groups.
- SETTLEMENT PROVISION – Insured retains ABSOLUTE consent to settle. No Financial liability is assumed for any claim contained within policy limits. No hammer clause.
- EMPLOYED STAFF – Covered at no extra costs.
- EXTENDED REPORTING PERIOD – Extended reporting period for claims-made policies; tail coverage is available.
- CONTRACTUAL LIABILITY – Protects you for hold harmless agreements with HMO’s, PPO’s IPA’s or other organizations.
- PROFESSIONAL CORPORATION OR PROFESSIONAL ASSOCIATION – Protects the assets of your professional association against claims within your limits.
- LOCUM TENUMS – Permits limited sharing of your policy while licensed and approved physicians fill in for you while on vacation, etc.
- DEFENSE COSTS (INCLUDING ATTORNEY FEES) – Covered and does not reduce the limits of your policy.
- RISK MANAGEMENT – Publications, seminars, programs and practice audits are Available.
Entity Policy Benefits:
- POLICY WITH SEPARATE LIMITS – Corporations, associations and partnerships are eligible to purchase a policy to protect the assets of the entity.
- DEDUCTIBLE – While the policy is offered without a deductible, you may elect a deductible to reduce costs.
- Multiple physician office should ask about a group policy. Qualifying groups may be eligible for a premium discount.
For more information, please contact us.