Doctors, nurses, and other licensed healthcare providers dedicate their personal and professional lives to treating the sick and injured. Many lawyers make it their responsibility to target healthcare providers who make mistakes when treating patients. Fortunately, with the right HPSO professional liability insurance, healthcare professionals can protect themselves from a potentially devastating lawsuit.
While every policy is different, healthcare providers who purchase professional liability coverage generally expect the protection under the following circumstances:
- Errors Made During Treatment
- Omissions in Treatment
- Other Negligent Actions
Additionally, most healthcare professionals purchase sufficient insurance to cover the following types of damages:
- Bodily Harm
- Financial Loss
- Mental Anguish
- Loss of Consortium
Hospitals and other medical facilities typically purchase liability coverage for professional staff. Because these employers often have their own interests in mind, doctors and other healthcare providers often choose to purchase independent HPSO professional liability insurance. If they do, they can usually be certain they have adequate coverage to protect themselves in situations where their employer’s insurance is inadequate.
Regardless of whether the healthcare provider is ultimately held responsible, defending a medical malpractice lawsuit can be extremely expensive. Because professional liability insurance typically covers legal fees, healthcare providers often can defend themselves without incurring significant debt.
If you provide healthcare to patients, you might consider purchasing HPSO professional liability insurance. Depending on the policy you select, you can get broad coverage to protect you in a variety of situations.