As a doctor, you navigate complex medical environments and high-stakes decisions every day. Secure the robust protection you need to confront these challenges with confidence.
Medical Professional Liability Insurance for Physicians
Get coverage that protects you
At Physicians Insurance, we understand the complexities faced by physicians and are dedicated to helping you find the right medical professional liability insurance to meet those challenges.
Let us help you secure a policy that protects against unforeseen liabilities, ensuring your professional stability so you can focus on what you do best — caring for your patients.
What does malpractice insurance cover?
Medical professional liability insurance for physicians is designed to address the specific risks associated with providing medical care. Policies typically cover legal expenses, settlements from covered claims, and compensation for lost wages due to litigation. They also offer protection against claims of medical liability and other incidents that could arise from your professional duties.
By partnering with us, you’ll receive robust support to handle the financial obligations imposed by claims, helping you maintain your practice’s integrity and focus on patient health.
How much does malpractice insurance for doctors cost?
The cost of malpractice insurance for doctors varies based on factors such as medical specialty, geographic location, coverage amounts, and prior claims history.
We’re committed to putting your needs first and helping you manage costs proactively.
“Actuate Insurance has been really helpful, like good friends. They are always very responsible.”
Physician officer for an innovative healthcare organization
Request a free, no-obligation quote today
Is it time to examine your current policy? Remember, what you don’t know can hurt you.
The simplest way to mitigate risk is through thorough preparation. At Actuate Insurance, we are best placed to help enhance your preparedness.
With our extensive experience and deep industry knowledge, we are confident in our ability to tailor a competitively priced insurance program that addresses your unique needs.
Simply complete the form to request a free, no-obligation medical malpractice insurance quote, and we will contact you to discuss your options.
FAQs
What is medical professional liability insurance?
Medical professional liability (MPL), also referred to as malpractice insurance insurance, is critical for doctors. It safeguards against legal claims due to actual or alleged errors, omissions, or negligence during professional medical duties.
Who needs medical professional liability insurance?
All doctors should have medical professional liability insurance. While many are covered under their employer’s policies, additional personal coverage can provide critical protection against gaps in those policies, particularly for those in private practice or specialized fields.
Is medical professional liability insurance tax deductible?
Yes, medical professional liability insurance premiums are generally tax deductible for doctors, helping to mitigate the financial cost of this essential protection.
Which states require medical professional liability insurance?
Doctors must carry medical professional liability insurance in several states to practice legally. States requiring this coverage include Colorado, Connecticut, Kansas, Massachusetts, New Jersey, Rhode Island, and Wisconsin.
What is tail coverage medical professional liability insurance?
Tail coverage is an add-on to MPL insurance that covers claims filed after a policy has expired or been canceled, as long as the incident occurred during the policy’s effective period. This type of coverage is especially important for doctors transitioning between jobs or retiring.
Is medical professional liability insurance the same as professional indemnity?
While similar, medical professional liability insurance is designed specifically for medical professionals to cover claims related to healthcare services provided. Professional indemnity insurance may cover a broader range of professionals for various types of liability claims.
Does umbrella insurance cover medical malpractice?
Typically, umbrella insurance does not cover medical malpractice. Doctors are advised to secure specific medical professional liability insurance to cover the unique risks associated with their professional activities.
RELATED INFORMATION
Actuate Insurance can explore solutions for your practice entities, hospitals and healthcare facilities.
Entity coverage is most often designed to cover vicarious professional liability exposures, while hospital and facility policies are typically designed to cover the risk from both vicarious professional liability and general liability.
Critical to the healthcare process, allied health professionals complement physicians’ overall quality of care.
Whichever role you play in the multifaceted healthcare industry, Actuate Insurance will customize professional liability coverage for your physician assistants, nurse practitioners and other advanced practice professionals.
Even in non-clinical roles, allegations can occur. And, when they do, you need E&O coverage to protect you and your assets.
For non-clinical activities, such as consulting in the pharmaceutical world, expert witness work in the courts, or paper reviews of medical files (i.e. workers compensation claim file reviews), Physicians Insurance can assist you to obtain tailored miscellaneous E&O coverage for your protection.