Insurance Coverages

Medical Professional Liability Insurance is a critically important insurance product that protects the physician and their practice from claims made against them for the care and services they provide to their patients. Medical advances, the broadening spectrum of Healthcare Services, skyrocketing liability claims, and reduced revenue sources have created an increased liability risk for physicians. At any time a Physician may have an expensive and damaging lawsuit. In some cases, the suit is groundless and is brought on by an overly aggressive legal system that has "reward" incentives. Choosing an insurer that is experienced and financially strong are key factors when selecting who will protect you and your practice.

Application

Directors & Officers Liability Insurance for privately owned businesses is a valuable and important coverage. Protection for wrongful termination of employees and discrimination (EPLI) are aspects of the policy. Owners also face liability for failure to comply with corporate by-laws or partnership agreements, squandering company assets, and breach of fiduciary duties. You can even be sued for not selling your company or for selling your company. There are many challenges when owning a company or having a partnership.

Fiduciary Liability Insurance is for fiduciaries who can be held personally liable (under ERISA) for losses a benefit plan incurs as a result of an alleged error, omission, or breach of their fiduciary duties. Fiduciaries can mitigate their claims exposures, but they cannot eliminate them. Lawsuits against privately held companies can be brought by employees, employee's estates, as well as the DOL and the PBGC.

Fidelity/Crime Insurance protects against employee theft, one the most devastating types of losses that can occur to a business. Most owners do not believe it can happen to them. They have long time employees they trust and it just doesn't seem plausible. Unfortunately, businesses, especially those with fewer than 100 employees, are victims of employee theft. Many businesses go out of business due to uncovered employee theft of funds. We strongly urge you to purchase Crime Insurance protection.

Please Note: There is one combined application for all of the above coverages (Directors & Officers Liability Insurance, Fiduciary Liability Insurance, and Fidelity/Crime Insurance). You can apply for all of the coverages or for any combination of them shown.

Combined Applications

Business Owners Insurance is protection for your business personal property, equipment, computers, equipment in transit, loss of income & extra expense, general liability, non-medical services related personal injury, employee benefits liability, website/cyber-risk, business auto, and non-owned/hired automobile. We highly recommend that you consider purchasing a Business Owners Policy to protect your assets and third party liability exposures.

Application

Medical Technology Liability is for healthcare professionals and entities which are dependent on technology in order to provide medical services and manage their business operations. This insurance covers both the patient data privacy and the healthcare client's network security exposures to claims. The coverage arises out of the need for the health care professionals/entities to protect their information, patient data, claims data, financial data and personal data. Some of the claims exposures include HIPAA Non Compliance, Internet Content, Personal Records Disclosure, Data Security, Internet Security, Media Content, Errors and Omissions delivering technology professional services, and Contingent Bodily Injury for Technology Products.

Application