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Medical Professional Liability. Individuals who perform a professional service
for others can be held legally accountable for their actions. A lawsuit can be brought
against any professional for alleged or actual mistakes. Even if no error was made,
simply defending these suits can be costly. In this litigious world, where many
people believe there's always a lucrative "deep pocket" to sue, no professional is safe.
An increasingly litigious society isn't the only reason professionals are facing
potentially severe financial losses from negligence claims. Competition has driven
many professionals to offer a wide variety of services that may go beyond their
"traditional" expertise, dramatically increasing their exposure to all sorts of
claims. Common allegations made against physicians are misdiagnosis/failure to
diagnose, inappropriate treatment, injuries from therapeutic agents, injuries
from equipment and premises, failure to admit/inappropriate discharge,
intentional torts, and liability arising from cost containment.
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Defense Outside the Limit
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Defense of License available
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Consent to Settle provision in coverage
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Incident sensitive form
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Broad definition of named insured
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Coverage for damage to patient's property
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Defense of alleged antitrust claims
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Coverage for advertising injury arising out of professional services
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Option for non-aggregated policy limits that would
apply to each and every claim throughout the policy term
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