Healthcare & Medical Insurance
Professional Liability (E&O) Insurance
for Healthcare & Medical
Medical malpractice — a form of professional liability — is the most significant financial threat facing any healthcare provider. A single claim alleging a diagnostic error, treatment complication, or failure to diagnose can result in seven-figure judgments. Professional liability (E&O) insurance covers your legal defense and any settlement or verdict against you.
Industry-Specific Insight
Why Healthcare & Medical Businesses Need Professional Liability (E&O) Insurance
Medical malpractice — a form of professional liability — is the most significant financial threat facing any healthcare provider. A single claim alleging a diagnostic error, treatment complication, or failure to diagnose can result in seven-figure judgments. Professional liability (E&O) insurance covers your legal defense and any settlement or verdict against you.
Coverage Details
What Professional Liability (E&O) Insurance Covers
Key protections included in a professional liability (e&o) policy for healthcare & medical operations.
FAQs
Common Questions from Healthcare & Medical Businesses
Is professional liability the same as malpractice insurance?
Medical malpractice is a specific type of professional liability. For healthcare providers, malpractice coverage is included within professional liability/E&O policies tailored to the medical profession.
Do I need tail coverage if I retire or close my practice?
Yes. Claims-made professional liability policies require tail coverage to protect against claims filed after the policy period ends. We help you understand your options.
Is professional liability the same as malpractice insurance?
Malpractice insurance is essentially professional liability by a different name, typically used in healthcare, legal, and other licensed professions. The coverage concept is the same — protection against claims that your professional services caused harm. 'E&O' is more commonly used in business, consulting, and tech contexts.
Does general liability cover professional mistakes?
No — general liability covers physical injuries and property damage. If a client claims your advice or service caused them a financial loss, that's a professional liability claim. Most businesses that provide professional services need both policies.
Complete Coverage
Other Coverages Healthcare & Medical Businesses Commonly Need
A complete protection plan for healthcare & medical operations typically includes several complementary coverages.
Healthcare & Medical · Professional Liability (E&O)
Get Professional Liability (E&O) Coverage for Your Healthcare & Medical Business
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