Medical Malpractice
What Is Medical Malpractice Insurance?
Medical malpractice insurance is a must-have for every healthcare professional. It can protect you, your business, and your employees against claims of medical negligence and liability. These claims can stem from wrongful practices that resulted in death, bodily injury, or property damage. It also covers the cost of defending such lawsuits.
Costly Mistakes
Everyone makes mistakes, and mistakes in the healthcare industry can be costly. Even if you or your employee is not at fault, you could still be sued, and defending a lawsuit is expensive. If you don’t have insurance, the legal fees will have to be paid out of pocket even if you are declared the winner. Healthcare professionals win most malpractice lawsuits, but because the cost of a lawsuit is so high, medical malpractice insurance is vital form of protection for those in the industry.
What and Who is Covered?
Medical Malpractice insurance should be purchased to cover you, your business, and your employees. If you or your employees are found liable for wrongful death, bodily injury, or property damage, our coverage will pay the damages. It also covers the wide range of expenses that come with a lawsuit, such as attorney fees and court costs, arbitration costs, settlement costs, and punitive damages.