Professional Liability (PL) can also be referred to as Errors & Omissions, and in the world of healthcare, its commonly known as Medical Professional Liability or simply Medical Malpractice Insurance. General Liability policies exclude “professional services”, so this is why you often see PL and GL coverages being paired together on a single policy. Any type of professional opinions, the rendering of medical services, or failure to render medical services could all trigger this policy if the patient experiences an injury or has a poor outcome. (Physician Medical Malpractice Insurance)
Claim Examples
Elderly patient of a home care agency was being bathed by a caregiver when the caregiver walked out of the bathroom to answer a knock at the door, the resident fell and sustained a broken hip.
A resident at a Skilled Living Facility required regular wound care. Because the nursing facility was so understaffed, proper attention was not given to this patient, he was not regularly turned over, and the wound not properly cleaned. As a result, severe pressure sores developed, and the patient had further complications.
Coverage Features
- Claims Made or Occurrence Coverage
- Low Deductible or No Deductible options available
- Additional Insured and Waiver of Subrogation language available
- Admitted and Surplus Lines Carriers available
- Who Is an Insured can include Contractors
- Physicians, Nurse Practitioners, and other medical professionals can be added
- And much more!
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