What should I look for in a Professional Liability Insurance policy?

/ / General, Professional Liability Insurance

Buying a Professional Liability Insurance policy is an essential component of working in health care, medical and wellness industries—in fact, many facilities and employers require one before you can begin work. No matter what health care niche you practice in, a Professional Liability policy will cover you if an allegation of negligence is brought against you for actions resulting from your work.

There are many Professional Liability policies available on the market for health and wellness professionals. So how do you find a policy that’s best for you? The key to finding the best coverage is to do your research and compare offerings from multiple insurance providers.

The most important aspect of an insurance policy is that it provides adequate coverage for the specific type of work you do, and that it be issued in your name.

Use these helpful questions to find a policy that’s a good match for you:

Most insurance policies vary in their coverage and limits, so it’s important to understand coverage that is offered before you buy. There are many intricacies of each area of health care and wellness practice that make its liabilities unique. Doing your due diligence with a little research now will save you the frustration of later learning that the policy you thought covered you really doesn’t.

Lockton Health Professional Liability Insurance is tailored for professionals in the health care, medical and wellness industries. Whether you practice full-time or part-time, are self-employed or even practice as a student under supervision, we have a plan that works for you. Various coverage limits are offered so you can choose the level of coverage that best fits your needs. Coverage is provided by an Insurance Company rated “A” (Excellent) by A.M. Best for financial stability. Explore Lockton Health Professional Liability Insurance coverage today.