Say the words “malpractice insurance” and most people will think of doctors. While it’s true that malpractice products are a necessity for individual physicians and doctors’ practices, the allied health organization shouldn’t ignore the need to carry this kind of coverage, either. HPSO malpractice insurance is customized to meet an organization’s needs, supplying first-class extensive risk management that shields your company against major fiduciary losses.
The Basics Behind HPSO Malpractice Coverage
Malpractice coverage is sometimes referred to as “medical professional liability insurance,” created to cover healthcare professionals such as physicians, nurses, dentists and other licensed individuals. Usually, these policies address a specific set of claims-related expenses:
- Bodily injury
- Medical care
- Property damage
- Litigation and defense
The important thing to note is that malpractice insurance is a specific type of professional liability coverage. When combined with general liability and other products such as cyber security and privacy, non-owned and hired auto liability, HIPAA insurance, commercial auto and abusive acts liability, HPSO malpractice insurance becomes a powerful component in a total insurance solution for your organization.
Sophisticated Indemnity Products for a Complex Environment
While physicians have their malpractice issues, your healthcare organization needs an all-encompassing solution to hedge against financial catastrophe and remain resilient. An experience insurance agency can support your mission by building a robust indemnity product package that incorporates HPSO malpractice insurance.