General
Why Are You Still Buying Occurrence Malpractice Coverage?
Having malpractice insurance is a must with our current medical landscape. In a survey published by Medscape in 2017, more than half of the 4,000 physicians in question were hit with a malpractice lawsuit by a former patient. And about 87% of those sued were surprised by it. This is a massive survey across 25…
Read MoreWhat Does Malpractice Insurance Cost?
When you buy a home, you purchase homeowners’ insurance to protect yourself against fluke accidents like storms, earthquakes, or break-ins. When you buy a car, you purchase auto insurance for car accidents and damage. The same reasoning applies to medical professionals when they begin practicing medicine. Malpractice insurance for physicians, nurses, and other hospital personnel…
Read MorePhysician Assistant Malpractice Coverage: A Practical Guide
As a physician assistant, one of your responsibilities is to work closely with patients and doctors to determine the best course of treatment. In many situations, you’re left entirely to your own devices to diagnose and medicate the patient properly. It’s a job with heavy responsibilities, and PAs are rewarded handsomely with a high salary…
Read MoreDo Student Nurses Need Malpractice Insurance?
As a medical student or intern, you are required to complete supervised, mentored hours in a hospital or clinic to gain your license. While the specific requirements and hours can vary based on your specialization, these student programs are invaluable tools that give you the opportunity to apply what you have learned in the classroom…
Read MoreOuch, You Hurt Me! Do Nurse Practitioners Need Their Own Malpractice Policy?
Comprising over 100 different specializations that span hospitals to community health centers, nurse practitioners play an integral role in promoting good health and providing essential care. Much like any other licensed medical profession, nursing comes with its own potential risks, emergencies, and mistakes. Medical negligence is one of the leading causes of death in the…
Read MoreWhat Type of Insurance Do Nurses Need?
From hospitals and clinics to senior homes and community health centers, nurses play a hugely impactful role in promoting better health and providing necessary care. This includes conducting physical exams, counseling and education, and coordinating patient care. The duties of the average registered nurse are many and varied, which can get even more complicated with…
Read MoreUnderstanding Insurance Terms: Back to Basics
Over time, just about every business will eventually develop its own lexicon. These words, phrases, or abbreviations can become shorthand or have underlying importance. Naturally, this can be confusing for outsiders who are attempting to enter a given world. It takes time, experience, and a little schooling to know the ins and outs. The world…
Read MoreWhat Does Professional Liability Insurance Cover?
Some people endure a setback and immediately look for someone to blame. And if you’re a physician, attorney, accountant, real estate broker or anyone who served as a consultant to such a person, they’re likely to point the first finger at you, and perhaps even file a lawsuit against you. That’s where professional liability insurance…
Read MoreTypes of Insurance Available for Small Business Owners
Running a small business requires the business owner to take on a significant amount of jeopardy. It’s a risk/reward type of game wherein the business could either one day turn into Amazon or go down in flames like the Hindenburg. Because of this risk, it’s vital that a small business owner protects his or her…
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