Claims-made professional liability insurance - The Doctors 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with Section I: General Information. Fill in your contact details, including your first name, last name, date of birth, and social security number. Ensure all fields are accurately completed.
  3. Proceed to Section II: Coverage Desired. Choose between claims-made coverage options and specify the effective and retroactive dates as needed.
  4. In Section III: Specialty and Practice Information, indicate your medical specialty and the percentage of practice dedicated to each area. Be thorough in listing any procedures performed in the past thirty-six months.
  5. Complete Section VI: Claims Information by answering whether any malpractice claims have been made against you in the past ten years. Provide details if applicable.
  6. Finally, review all sections for accuracy before submitting your application through our platform.

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The choice of which policy may be dictated by your market. In some areas and in some specialties, claims made is the only policy type available. If you have the choice between the two, you choose occurrence if you want to pay now for unlimited coverage, or claims made, if you want to pay later for unlimited coverage.
With an Occurrence Policy, at least you know your past policy(ies) will respond to any injuries that occurred while such policy(ies) were in effect. On the other hand, the Claims-made policy or a renewal has to be in effect or current at both the time of the injury AND the filing of the claim in order to respond.
Professional liability for medical professionals is third-party coverage. It reimburses a patient or person injured by a hospital or medical professional. However, many types of liability coverage also provide first-party coverage for a doctors legal expenses.
Essentially, for a claim to be considered for coverage, an occurrence-based policy needs to be active when the act or incident occurs; claims made policies have to be active when the claim is made.
Professional liability policies typically cover legal defense costs associated with defending against claims of professional negligence. These costs can include attorney fees, court costs, and expert witness fees.

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People also ask

The occurrence policy has the advantage of permanency. You do not have to renew the policy to maintain coverage for a year you were insured. You have separate limits each year you were insured so past claims will not erode the limits of future years of coverage.
Do Doctors Pay Malpractice Insurance? While employer-provided medical malpractice insurance coverage is common, some physicians choose to select and pay for their own coverage plans. Individual physician plans can be beneficial, as they are often catered specifically to what the physician needs.
Malpractice insurance (i.e., professional liability insurance) protects nurse practitioners (NPs) and other clinicians from costs associated with claims of negligence or incompetence, including costs related to liability and legal defense. Two types of malpractice insurance are available: claims-made and occurrence.

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