When Medical Professionals May Need Their Own Liability Policy

Medical malpractice insurance is a form of coverage for medical professionals that protects them financially in case a patient ever brings a lawsuit up against them. If you are a medical provider, the clinic or hospital you work at may provide coverage to you automatically. However, there are certain situations that may warrant contacting an insurance company for your own policy.


Questions to Ask


Before contacting an insurance provider for more information about doctors malpractice insurance cost and obtaining a policy, ask yourself the following questions:


  • Do you want to be able to bring your insurance policy with you in case your facility closes or you choose to change employers?
  • Is having your own legal counsel important to you?
  • Does your employer’s policy provide inadequate coverage?
  • Do you regularly give medical advice or care to acquaintances, friends, or family members when you are no longer at work?


If you answered yes to any of these questions, it may benefit you to obtain your own medical malpractice policy.


Don’t Remain Unprotected


Remember, the doctors malpractice insurance cost is well worth the investment. Without proper coverage, you put your ability to retain your medical license and your financial stability at risk. If you haven’t already, you may want to speak with an insurance provider about your coverage options and if obtaining an individual policy would be beneficial to your personal situation.