Healthcare Liability Medical Malpractice Insurance
Practicing medicine without adequate medical malpractice insurance is a recipe for disaster. With that being said, all healthcare liability insurance policies are not created equal. In addition to being a smart financial move, shopping around for coverage is the only way to arrive at coverage that addresses your specific needs, including the nature of your specialty area and your required liability limits. Fortunately, shopping around for the right policy is as easy as connecting with Seaport Insurance Services. As healthcare liability insurance brokers, we can help you find a policy that suits your budget and needs.
What is Medical Malpractice Insurance?
This type of insurance protects medical professionals and facilities against liability from wrongful practices that result in medical expenses, bodily injury and property damage. It also covers the costs of defending medical malpractice lawsuits.
How Medical Malpractice Insurance Works
Healthcare liability insurance falls into two categories: occurrence coverage and claims-made coverage. Occurrence coverage covers incidents that happen during the policy period no matter when they are reported. Even if the policy period has ended, a claim may still be filed as long as the reported incident occurred when it was in effect. With claims-made coverage, on the other hand, the incident must occur and be reported while the policy is in effect.
Why is it Necessary?
All practicing medical professionals and facilities need this coverage, as the cost of defending lawsuits is high enough to permanently end medical careers.
Reasons to Use a Broker
Medical malpractice insurance is complex. Without being careful, it's easy to end up with coverage that misses the mark or to pay far more than you should for coverage that you don't need. As an insurance broker, Seaport Insurance Services can present you with the best available options, so you can select a policy with complete confidence. Contact us for a quote today.
Seaport Insurance Services provides leading healthcare liability insurance coverage solutions for small, medium and large hospitals and hospital systems. Our process for analyzing and providing a risk management strategy is quick and easy. We are committed to providing a well balanced solution that's designed to fit with your budget requirements without increasing exposure.
Save money on your Healthcare medical malpractice insurance by contacting Seaport today at (888) 891-5900, we look forward to hearing from you.