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Medical Liability Insurance

Insurance for Medical Professionals In the 1980s, many businesses were challenged with obtaining some types of commercial insurance coverage. Several solutions entered the scene, including captive insurance. According to the Insurance Information Institute, “A captive is a special type of insurance company set up by a...

Did you know small business owners have a 40% chance of having an incident that results in an insurance claim? What’s even more troubling is that 40% of small businesses have no insurance at all. Additionally, 60% of small business owners who operate from home...

Liability Insurance for Midwives In the U.S., midwives date back to the American colonies, when women passed skills they brought from Britain from one woman to another. Midwives serve an important purpose, offering a more intimate experience for mothers-to-be at home or in a birthing center,...

Insurance for Chiropractors – Professional Liability (and E&O) You’re in the business of helping people. Every day, your patients leave feeling better than when they arrived at your office. With a Doctor of Chiropractic, you’re in good company, as there are more than 60,000 doctors of...

Protecting Medical Professionals Against Financial Ruin The prospects for a long and successful career in healthcare look exceptionally good, especially for nurses. Today, there are over 4 million professionally active nurses in the U.S. However, like any professional, accidents are bound to happen. Thus, insurance for...

In medicine, we hear a lot about preventative care.   In matters of asset protection, doctors would do well to follow their own advice.  Physicians should prevent their assets from becoming vulnerable to a frivolous lawsuit.  Being sued leaves much more at risk than a medical practice. Injured parties are seeking compensation for injuries received and in many cases a civil action against the physician to prevent further malpractice by the medical professional. Personal assets of the physicians are always looked at as a possible means of receiving compensation. Personal assets come into play in one of two ways:
  • If a judgment exceeds your medical policy limit
  • If the action in question falls under one of the policy exclusions

You know how difficult it is to apply sunscreen to your own back. No matter how much you stretch and contort, there is always a spot that you miss- right down the center.  And after a day in the sun, that is the spot that causes you to lose sleep at night from the burning, prickly heat of a sunburn.  Your discomfort is due to leaving that spot open and vulnerable. Unfortunately, some medical malpractice policies can leave you just as open and vulnerable to getting burned.