Risk Management For Your Medical Services
Medical malpractice insurance, also known as Med Mal or medical liability insurance, is a type of professional liability coverage that safeguards healthcare professionals against allegations of injury and medical negligence. Medical professionals carry this insurance to provide themselves, and their patients, with peace of mind while also protecting their personal net-worth.
Medical malpractice insurance is designed to protect healthcare professionals from financial losses due to medical negligence. It can cover a variety of claims, including those related to misdiagnosis, improper treatment, failure to diagnose, and incorrect medication. In some cases, it may also cover the cost of defending against a lawsuit or paying for settlements.
When selecting a medical malpractice insurance policy, it is important to consider the type of coverage you need, the amount of coverage you require, and the cost of premiums. It is also important to understand the terms and conditions of the policy, including any exclusions or limitations.
Medical malpractice insurance is an essential part of protecting healthcare professionals from financial losses due to medical negligence.
Coverage is availble for organizations looking to protect their staff and for individuals who want to safeguard their net-worth.
- Dentists
- Licensed practical nurses
- Nurse anesthetists (CRNAs)
- Nurse Practitioners
- Optometrists
- Personal Trainers
- Physical Therapists
- Physicians
- Physician Assistants
- Registered Nurses
- Radiologists
- Yoga Instructors
The cost of medical malpractice insurance depends on a number of underwriting factors including:
- Annual number of clients or sessions
- If any previous claims have been filed against you
- Location
- Retroactive liability including “neck” or “tail” coverage
- Years of experience
- Your professional specialty
Medical Malpractice Insurance – Simplified
When selecting a medical malpractice insurance policy, it is important to consider the type of coverage you need, the amount of coverage you require, and the cost of premiums. It is also important to understand the terms and conditions of the policy, including any exclusions or limitations.
Working with ZRM Brokerage will allow you to access the nation’s leading insurance carriers, wholesale markets, and risk management expertise that empowers you to make informed decisions. The insurance landscape is always changing and we are ready to help you conduct a risk management check-up for your practice that assures you are receiving appropriate coverage for your risk at the most affordable rates.
