Medical malpractice insurance provides critical financial protection to people in allied healthcare fields. Without it, one error or alleged error that results in a lawsuit can lead to a large financial burden. But with adequate coverage, related costs can be covered.
Medical malpractice insurance (also known as errors & omissions or professional liability insurance) provides liability coverage if you make a mistake (something you do or fail to do) in providing care. It can pay your legal defense costs, as well as any financial damages awarded to the injured patient. Keep in mind that even if a lawsuit is baseless, you must defend yourself.
Types of claims covered by medical malpractice insurance include:
Error or omission in a medical assessment Misdiagnosis Failure to diagnose Bodily injury from treatment Harm from unnecessary/incorrect treatment Failure to provide timely treatment
While we don’t cover physicians or surgeons, we offer medical malpractice policies to many other types of allied healthcare professionals.
biBerk has over 500,000 satisfied customers and focuses exclusively on small businesses. Why is biBerk the business insurance company so many organizations rely on? There are many reasons.