Malpractice Insurance
Malpractice Insurance
Malpractice Insurance, also known as Professional Liability Insurance, specifically for medical and healthcare professionals, provides coverage against claims of negligence, errors, or omissions that result in patient injury or harm. It is essential for professionals in the healthcare industry to protect themselves from the financial and legal consequences of malpractice claims
Main Coverages
- Legal Defense Costs: Covers legal expenses incurred in defending against malpractice claims, including attorney fees, court costs, and settlement negotiations.
- Settlements and Judgments: Covers the cost of settlements or judgments awarded to plaintiffs in malpractice lawsuits.
- Medical Damages: Covers compensation for medical expenses, lost wages, and other damages claimed by the injured party.
- Negligence: Covers claims arising from alleged negligent acts, errors, or omissions in the provision of professional services.
- Bodily Injury: Covers claims related to physical harm or injury resulting from the professional’s actions or lack thereof.
- Personal Injury: Covers non-physical injuries, such as mental anguish or emotional distress, claimed to be caused by the professional’s actions.