{"id":1349,"date":"2023-10-20T12:44:36","date_gmt":"2023-10-20T12:44:36","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=1349"},"modified":"2023-10-20T12:44:38","modified_gmt":"2023-10-20T12:44:38","slug":"malpractice-insurance","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/business-insurance\/malpractice-insurance\/","title":{"rendered":"Malpractice Insurance: A Complete Guide"},"content":{"rendered":"

You’re probably well aware of the havoc that medical malpractice claims can cause as a healthcare professional, a medical practice owner, or the owner of a medical staffing company. If you’re thinking about getting a malpractice insurance policy or aren’t sure why your state requires it, you’re probably wondering, “What does a malpractice insurance policy cover?”
In summary, medical malpractice coverage protects you against accusations of professional incompetence or incapacity to deliver adequate care, which results in physical, mental, or other economic losses. Continue reading to discover more about the types of claims that a medical malpractice policy will protect you from and the financial coverage that an insurance company will provide.<\/p>

What Is the Definition of Medical Malpractice Insurance?<\/span><\/h2>

Medical malpractice insurance is a type of business insurance that is specifically designed for health care practitioners. It is also known as “medical professional errors and omissions insurance.” Medical malpractice insurance covers claims for services that result in a patient’s damage or death.<\/p>

What Is the Importance of Medical Malpractice Insurance?<\/span><\/h2>

For anyone working in the medical field, medical malpractice insurance is frequently required by state law. Government contracts or corporate clients may also require it.
Medical malpractice coverage protects healthcare practitioners, therapists, counselors, and medical facilities against professional negligence claims such as:<\/p>