You want your medical office to be the best it can be in the medical profession. Whether you are a doctor, dentist, chiropractor, optometrist, acupuncturist, physical therapist or message therapist we are here to help you find the right coverage for your specific needs.
Medical Office Liability Insurance
Owning a medical office is a great responsibility. You have responsibilities towards your employees, your suppliers, and the success of the business itself and most of all, your patients. Managing a successful and growing business is both exciting and stressful but can be very rewarding in the end. You can ease some of your business stress with general liability insurance.
Bodily Injury Coverage
When customers are injured at your offices, they often hold you responsible and feel that you should pay for all the medical care they require to recover. Accidents can cause injuries that can be quite expensive and may prove difficult for your business to afford. Bodily injury coverage is part of your general liability insurance policy that covers these risks for you, so that your company is not financially stressed when accidents happen, as they often do.
Property Damage Coverage
Sometimes a customer or patient has an accident at your medical offices but they are not physically harmed, however, their personal property is harmed or damaged in some way. If, for example, a patient plugs their laptop into an outlet in your patient waiting room and the laptop is damaged by an electrical short, they may sue your company for the cost of replacing that laptop. Property damages is the section of your general liability insurance for medical offices that can take care of those types of issues when they arise.
Products And Completed Operations Coverage: The medical professionals in your offices may be protected by professional liability insurance, however, your overall medical offices are protected by products and completed operations coverage. Since your medical offices may sell products as well as providing services, the products and completed operations portion of your policy is very important to
you. Some products are found to be defective. When these defects are severe, they may cause harm and injury to the people who purchased the product, and may hold you responsible. Products and completed operations insurance helps protect you from lawsuits while also providing for the related care or repair costs for your patients.
Personal And Advertising Injury
When a competitor, supplier or other person makes personal or advertising injury claims against your company, this section of your general liability insurance will protect you. Personal claims can involve allegations of slander, defamation, or falsehoods. Advertising claims may relate to images or content that you have used in your ad copy or licensing disputes. When allegations are made, this coverage can pay for the cost of your legal defenses and more.
Damage To Premises Rented to You
The owner of the building that you rent, or lease from, probably requires you to provide proof of protection for the structure that your medical offices operate from. The rental premises damages section of your general liability insurance for medical offices provides for that. If you cause damages or cause loss of the building that your company leases, this part of your insurance will pay the related costs and expenses for repairing or replacing the building.
Medical Expense Limit
General liability insurance may include medical expense limit coverage. This is similar to bodily injury insurance but on a much smaller scale. If a customer or patient claims that they were injured on your business premises, this insurance can pay automatically if the injuries are minor. By offering to pay for minor injuries, even if you’re not responsible for them, you can help avoid larger legal claims.
Limits Of Liability Insurance
• Each Occurrence – Your insurance policy will limit the total benefits paid for each claim per person.
• General Aggregate – Your policy will dictate a general aggregate amount, which is the combined total maximum limit of coverage for all incidents, individuals, and claims.