RISK MANAGEMENT

If you are a licensed medical professional, most General Liability forms exclude coverage for your professional activities. Medical Malpractice Liability, customized to your specific practice, can be provided on either a stand-alone basis or as an attachment to a General Liability, Commercial Package or, in some cases, Business Owners Policy. It protects you against claims arising out of your practice, and provides legal defense in addition to the limits of liability offered by the policy. Our team of experts can help you secure the right policy for you and your practice.

Certain types of small to mid-sized businesses, including most medical practices, are eligible for a Businessowners policy, or a “BOP”. The BOP can combine General Liability, Property/Inland Marine, Crime and, in some cases, Professional Liability under a single policy.

General Liability coverage protects your legal liability for claims coming from your actions, or from the actions of others working on your behalf. Commercial Property and Inland Marine coverages offer protection for the physical property of your business operations: the building, the supplies, the equipment and machinery. Crime coverages are available to protect your practice against losses arising from such things as burglary, theft, employee dishonesty, fraud, and a host of others. The Entrustment team can help you determine the right mix of coverage for your practice.

Workers compensation covers your employees for injury or work-related illness. It is required by law in most states. In some cases, Workers’ Compensation can also be extended to cover partners and company officers if desired.

Coverage and rates vary by state and by class of business, and we can help you navigate the unique requirements dictated by the state in which you are located.

Employment Practices coverage may be purchased either on a stand-alone basis, or as part of a General Liability, Commercial Package or Businessowners policy. The insurance experts at Entrustment Health can help you secure the right policy to cover your practice against claims arising from such things as wrongful termination claims, sexual harassment allegations, and other liability actions relating to your internal handling of employment actions.

Commercial Auto coverage provides both liability and physical damage coverage for those vehicles owned or operated by your practice. The policy will also provide coverage if your personal auto is used for business purposes, or if your employees use their own vehicles in the performance of their duties. If your practice uses automobiles in the performance of your services, our team can help you secure the right coverage to keep you and your employees protected.

Commercial Umbrella coverage offers higher limits of liability, above those offered under your first-line General Liability and Commercial Auto policies. Umbrella coverage is designed to protect your business against catastrophic individual losses which exhaust the available limits under your underlying policies.

Purchasing Umbrella coverage is usually more cost-effective than purchasing the same limits of liability under your primary insurance policies. Umbrella insurance is considered an “excess” coverage—that is, the Umbrella policy pays only on an excess basis, once underlying limits have been fully expended. Our team can help you determine if an umbrella policy is right for you.

In this increasingly-digitized world, medical practices and healthcare systems rely more and more heavily on computer databases and customer-facing websites. Such entities may also collect patient information that is stored on corporate servers.

All of these activities carry a risk, either from data loss or corruption due to hardware or software failures, or from intentional damage arising from malicious attacks by hackers. Medical providers face stringent federal requirements to protect sensitive information provided by patients, and a breach of such information or failure to meet these requirements could subject medical providers to both civil and criminal actions. Entrustment Health can help you secure the right Cyber Liability and Data Breach Insurance to protect your practice from all such claims arising from computers and the internet.