Malpractice Insurance

Oklahoma Physicians Guide to Malpractice Insurance

By |2024-07-24T12:40:45-05:00November 8th, 2019|Consulting, Malpractice Insurance, Oklahoma, State Buying Guides|

Get A Quote Oklahoma Medical Professional Liability Insurance Market Summary Malpractice insurance for Oklahoma doctors is a major expense, and tail insurance is often double the annual premium! The good news is that Oklahoma doctors have several good options to partner with strong insurance [...]

Pin the Tail on the Doctor?

By |2021-03-30T14:52:20-05:00November 8th, 2019|Malpractice Insurance, Nose Insurance, Prior Acts Insurance, Tail Insurance|

Doctors should read their employment contracts carefully. The contract should specify if your employer is going to provide tail coverage when you leave the job. If they do not provide your tail coverage, you are responsible for your own liability protection. This piece summarizes Dr. Khan’s scenario and answers some common questions about [...]

Buying Malpractice Insurance 101: A Guide for Physicians

By |2024-01-12T09:16:05-06:00November 8th, 2019|Claims-Paid Insurance, Consulting, Malpractice Insurance, Occurrence Insurance, Tail Insurance|

Medical malpractice insurance can be confusing, even for the most highly educated. Doctors who are buying malpractice for the first time have many questions. What is claims-made? What is occurrence? What’s my retroactive date? Do I get a discount for working less than 20 hours per week? What does $1,000,000/$3,000,000 limits mean? Who [...]

Claims-Made vs. Claims-Paid Medical Malpractice Insurance

By |2021-05-21T20:18:34-05:00November 8th, 2019|Claims-Made Insurance, Malpractice Insurance|

Claims-made policies vastly outnumber claims-paid policies for physician medical malpractice insurance in the United States. Still, many doctors who are currently insured on a claims-paid policy form do not even know there is a difference. This post intends to clarify some key differences in claims-made and claims-paid malpractice insurance policies. Physicians should pay [...]

What is Tail Insurance?

By |2021-03-30T14:21:48-05:00November 8th, 2019|Malpractice Insurance, Tail Insurance|

“Tail insurance” means the same thing as the formal term “extended reporting period (ERP)”, in the scope of medical malpractice insurance. This post will help doctors understand what tail insurance is, why they need it, how much tail costs, and offer practical advice on how to obtain affordable malpractice tail coverage. When you [...]

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