You probably already have property and liability insurance to protect your practice from loss resulting from damage to property, or unfortunate events that may occur on your premises. But is it the right coverage? As independent agents, we will analyze your practice and seek out coverage that is tailored to your needs.
General liability coverage ensures you have protection for medical expenses, bodily injury claims, as well as personal and advertising injury claims.
Confidence that your legacy is truly protected
As a doctor, you help diagnose and treat injuries or illnesses. By examining patients, assessing their medical histories, prescribing medications, and ordering and interpreting diagnostic tests, you help your patients manage or recover from their ailments. In turn, it’s your practice that makes healthier communities and families by giving your patients the tools they need to take charge of their health.
But running your private medical practice comes with the risk of lawsuits and property damage. As a medical professional, you are probably well aware of the devastating malpractice suits that await a doctor who misdiagnoses a patient and worsens their condition. But what you may not be aware of is that not having the funds to cover a settlement or judgment doesn’t protect you. Courts can collect on your personal assets if you are guilty of wrongdoing.
The best thing you can do for your private practice? Invest in a business insurance plan that protects your personal and commercial assets. With the help of adequate policies, you will have the “deep pockets” you need to cover a claim without jeopardizing your practice or your bank account.
You need coverage that protects your entire facility, whether you lease or own, including your building, your medical equipment and all other assets. Your property insurance should also provide business interruption coverage to help your business weather the unexpected.