What is Medical Malpractice Coverage?
Specialized liability coverage protects medical professionals against claims of negligence or inadequate care. That's what malpractice insurance does. It's supposed to be a financial safety net, covering the costs of legal defenses, settlements, and damages that might be assessed against you if a jury decides you made a medical error.
Unfortunately, even highly skilled medical professionals don't always get it right. Sometimes, if you can believe it, they make decisions that are worse than the alternatives. But since practices and judgments vary and since human errors and misjudgments are fact of life—personal and professional—medical malpractice insurance serves a valuable purpose.
But there's a lot that you need to know to understand and evaluate it. For professionals. For institutions. For patients and families.
( Information provided is only for general education purpose. Consult your insurance advisor for advice on the policy schedule suitable for your business )