Professional Liability Insurance for Students in Health Care Professions
Tuesday, 01 April 2014
Embarking on a career in health care is an exciting time for any student. You’re thinking of the potential your future holds as you pursue a career in an admirable and prosperous industry, and the gratification you will receive from helping people in need. What you may not stop to consider is the potential risks
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What’s Covered by a Lockton Health Professional & Medical Liability Insurance Policy
Wednesday, 26 March 2014
Professional Liability Insurance is specialty insurance designed to cover individuals working in a professional capacity who earn a fee for their services. Like Home, Auto and Health Insurance, which provides the financial means to recover from unexpected occurrences on a personal level, Professional Liability Insurance provides financial security to practicing health care professionals on a
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Protect Yourself: Why Employer Offered Insurance May Not Be Enough
Wednesday, 19 March 2014
As an advocate for the financial well-being of allied health care professionals, one of our goals is to provide beneficial information for the betterment of your career. We’ve posted a number of articles on the importance of Professional Liability Insurance in protecting your reputation and finances in the event an allegation of negligence is brought
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Claims of Negligence in Health Care
Friday, 07 March 2014
Your goal as a health care provider is to help your patients achieve improved health through proven treatment and care. Though each patient responds to care and reaches goals differently, at the end of the day, you want to feel confident you’ve treated your patients with expertise and compassion. You would never intend to make
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Explaining Claims-Made and Occurrence Policies
Tuesday, 25 February 2014
Insurance gives us financial protection when misfortune happens. We rear-end someone and our auto insurance helps cover the damages. We get the flu and our health insurance pays part of the bill. One look at TV commercials and it’s obvious there are many auto and health insurance companies competing for our business. It’s when we’re
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What Determines Professional Liability Insurance Rates?
Tuesday, 11 February 2014
If you are in the market to purchase Professional Liability Insurance, you’ll find there are quite a few options with varying coverage and costs. Coverage fact sheets are usually available from the insurance carrier or agent to help you compare policies and identify the differences between them. What’s not easily understood, though, is how insurance
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6 Important Steps to Properly Handle an Incident
Thursday, 30 January 2014
As a practicing health care professional, your patient’s health and safety are in your hands. And because of the care standards established for your profession, you’re responsible for providing the best care possible in both clinical exercise and ethical conduct. Unfortunately, regardless of your work ethic and your commitment to provide excellent care to each
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What should I look for in a Professional Liability Insurance policy?
Thursday, 21 November 2013
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
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Why you need personal Professional Liability Insurance
Wednesday, 13 November 2013
Health Professional Liability Insurance is insurance coverage that’s made to protect professionals who provide medical services or give health- and wellness-related opinions as a means to earn a living. In today’s litigious society, going without this type of insurance can be a sure misstep. What are the chances of me getting sued? Even if you’re
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What is Professional Liability Insurance?
Monday, 11 November 2013
You’ve probably had experience buying insurance to protect your house or car from the perils of fire, theft or damage, and you most likely have Health Insurance to protect you from the financial burdens of injury or illness. Professional Liability Insurance protects your personal financial assets from the hazards you face as a medical or
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