Make sure you’re protected, even beyond the exam room or surgical suite.
Allegations can arise in any role, clinical or non-clinical, and when they do, you need E&O coverage to safeguard your personal assets.
We can help you secure tailored miscellaneous errors and omissions liability insurance to meet your specific needs.
Allegations can occur in any capacity. As well as covering clinical roles like practicing physicians, surgeons, and healthcare providers, we also provide coverage for non-clinical roles.
Whether you’re consulting in the pharmaceutical industry, serving as an expert witness in court, or reviewing medical files for workers compensation claims, we source tailored E&O coverage for your protection.
Errors and omissions insurance provides essential protection for medical professionals against claims of professional negligence and mistakes in their services.
This coverage typically includes legal defense costs and any settlements or judgments. E&O insurance also covers claims from licensing boards, employment practices violations like wrongful termination, and bodily injury or property damage specifically resulting from services.
With E&O coverage, you can effectively manage risk and maintain your practice’s financial stability.
The cost of E&O insurance is primarily influenced by the revenue associated with your practice and the level of risk involved. While revenue is not typically a factor for standard individual malpractice policies, it becomes significant for hospitals and facilities, where revenue and related factors impact premiums.
We’re committed to putting your needs first and helping you manage costs proactively.
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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 Physicians 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 errors and omissions insurance quote, and we will contact you to discuss your options.
Errors and omissions insurance does not cover bodily injury or property damage (unless directly related to professional services), intentional wrongdoing, fraudulent acts, or claims related to general business risks.
While similar, errors and omissions insurance specifically covers mistakes and oversights in professional services, whereas professional liability insurance can also include broader protections for bodily injury or property damage related to professional activities.
Yes, premiums paid for errors and omissions liability insurance are typically tax deductible as a business expense. Always consult with tax professional like Physicians Insurance for specific advice related to your situation.
Billing Errors & Omissions insurance responds to a variety of claims, including but not limited to alleging errors regarding duplicate billing, billing for services not rendered, or for unnecessary services, upcoding, and billing for services that do not meet the standard of care.
The professional liability marketplace is dynamic, but Physicians Insurance partners with industry leading insurers to harness the risks in modern healthcare, so you have a secure strategy designed to lessen your financial risk and to support your risk management efforts.
Let us help you find the best coverage that suits you.
Physicians 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, Physicians Insurance will customize professional liability coverage for your physician assistants, nurse practitioners and other advanced practice professionals.