Medical Malpractice Insurance is important for healthcare professionals, protecting them from financial losses and legal risks arising from errors or omissions in patient care. In an industry where precision is key, even the best professionals face unexpected claims. Our policy ensures you are safeguarded, allowing you to focus on providing quality care while we handle the risks.
Covers legal defense, settlements, and judgments in malpractice claims.
Protection against errors, omissions, and negligence in healthcare services.
Optional coverage for cyber and privacy infringements of patient data.
Shield your practice from the devastating financial impact of lawsuits, settlements, or judgments due to malpractice claims.
Our policy covers legal fees, court costs, and defence representation, even if a claim is ultimately dismissed.
Focus on delivering quality healthcare, knowing that your professional reputation and assets are secure against legal exposure.
Satisfy legal and industry requirements for liability insurance, ensuring you meet state regulations and maintain professional standing.
Covers claims related to patient injuries, including death, arising from alleged negligence during diagnosis, treatment, or care.
Protection for mistakes or oversights made in the delivery of medical services, whether in diagnosis, treatment, or post-treatment care.
Includes the costs of defending your practice, such as attorney fees, court costs, and any settlements or judgments awarded.
Coverage for claims involving intentional misconduct, fraudulent actions, or criminal breaches of healthcare duties, providing additional security if needed.
Safeguards your practice from breaches of sensitive patient data due to cyber-attacks or system failures, helping protect against modern digital risks.
Medical professionals, from general practitioners to specialised surgeons, face the risk of malpractice claims in their daily practice.
Nurses, physical therapists, and other allied health professionals directly involved in patient care may be held liable for errors or negligence.
Hospitals, clinics, and private practices that employ healthcare providers and are responsible for patient outcomes.
Medical consultants or specialists who provide advisory services are at risk of legal claims related to their advice or guidance.
Medical Malpractice Insurance policies typically provide coverage limits for both individual claims and the total payout for the policy period. For example, a standard policy might offer $1 million per claim and $3 million in aggregate, ensuring comprehensive financial protection against multiple claims throughout the year.
Medical Malpractice Insurance offers deductible options that can influence premium costs. Choosing a higher deductible reduces the premium but increases the out-of-pocket cost in the event of a claim. Lower deductibles result in higher premiums but minimise immediate expenses.
Common exclusions include criminal acts, intentional misconduct, and claims resulting from non-medical services. Policies may also exclude specific high-risk procedures or treatments unless specifically added to the coverage.
Tailor your policy with additional features such as Tail Coverage (Extends coverage for claims filed after the policy ends, ensuring protection for incidents that occurred while the policy was active) and Vicarious Liability (Covers legal claims resulting from the actions of your employees or subcontractors, providing an extra layer of protection for healthcare facilities and employers).
Medical Malpractice Insurance covers key areas such as bodily injury resulting from alleged negligence, errors and omissions in diagnosis or treatment, and legal defence costs, including attorney fees, court costs, and settlements.
Reach out via our website, phone, or email to connect with our knowledgeable insurance experts. They are ready to delve into your business's unique needs and address any inquiries you may have.
We'll organise a consultation to evaluate your business's physical assets and pinpoint potential risks. During this meeting, we will guide you through various coverage options, limits, and additional protections, such as Business Interruption.
We will use the insights gathered to prepare a personalised insurance quote that matches your business requirements. We'll go over this quote with you, detailing policy specifics, deductibles, and premium choices for complete understanding.
When you decide to proceed, we'll finalise your policy. Our team will assist you through the necessary paperwork, ensuring a seamless and straightforward process.
With your insurance secured, you can manage your business with assurance, knowing your assets are safeguarded against unexpected events. If you need to file a claim or adjust your coverage, our dedicated team at MIR will handle the entire claims process for you, providing support and guidance every step of the way.
