About This Coverage

Providing health care entities to patients - caring for them and their families, unfortunately exposes the professionals and entities involved to law suits that can damage reputations, drain organizational focus and are potentially catastrophically costly. Medical Professional Liability insurance is recognized as a one of the main tools to deal with this exposure.

State Eligibility


Eligible State

State Not Available

Industries Available


  • Health Care and Social Assistance

Coverage Limits


Up To

$50M

Minimums


  • $1,000 minimum premium for Miscellaneous Medical/Allied Health risks
  • $5,000 minimum premium for Long-Term Care Facilities

Key Features


HOSPITAL PROFESSIONAL LIABILITY INSURANCE

  • Individual physician limits available
  • Incidental Managed Care coverage available
  • Stand-alone Tail Policies
  • Lead excess or follow-form excess
  • Reinsurance of captives
  • Line slip placements
  • Stand-alone Tail Policies

LONG-TERM CARE FACILITY LIABILITY INSURANCE

  • Claims made and Occurrence forms available
  • Separate limits for Professional Liability, General Liability ($1 million / $3 million) and Employee Benefits Liability
  • Coverage for the Medical Director whether he/she is an employee for direct resident care
  • No minimum earned premium
  • 60 days to report claim following policy expiration ("mini-tail")
  • Follow-form and umbrella coverage
  • Stand-alone excess over other carriers

MISCELLANEOUS MEDICAL FACILITY/ALLIED HEALTH

  • Separate limits for PL, GL, EBL and Hired/Non-Owned Auto (Occurrence PL available for certain classes)
  • Coverage available for: - HIPAA Violations, Evacuation Expense, Reimbursement, Public Relations Event Reimbursement, Patient Loss of Property
  • Defense outside limit
  • Indemnity-only deductible; first dollar defense coverage
  • Affirmative coverage for punitive damages and physical/sexual abuse
  • Affirmative coverage for medical directors performing direct patient care
  • Blanket Additional Insured wording
  • Lead excess or follow-form excess

PHYSICIAN GROUP PRACTICE LIABILITY INSURANCE

  • Individual physician limits
  • Incidental Managed Care coverage available
  • Entity coverage (including ancillary staff)
  • Defense costs in addition to the policy limit
  • Consent to settle
  • Stand-alone Tail Policies
  • Lead excess or follow-form excess
  • Stand-alone Tail Policies

Preferred Classes


HOSPITAL PROFESSIONAL LIABILITY INSURANCE

  • Acute Care Hospitals (Stand-Alone Or Multi-Hospital Systems)
  • Behavioral Health Facilities
  • Critical Access Hospitals
  • Federally Qualified Community Health Centers
  • Integrated Delivery Systems
  • Psychiatric Facilities
  • Rehabilitation Facilities
  • Specialty Hospitals
  • Substance Abuse Facilities

LONG-TERM CARE FACILITY LIABILITY INSURANCE

  • Not-For-Profit and For-Profit Long-Term Care Entities including Independent, Assisted and Skilled Nursing Facilities

MISCELLANEOUS MEDICAL FACILITY/ALLIED HEALTH LIABILITY INSURANCE

  • Adult Facilities: Adult Day Care, Adult Group Home
  • Ambulances: Emergent and Non-Emergent
  • Cardiac Catheterization Labs: Diagnostic and Interventional
  • Home Health Care: Durable Medical Equipment, Intravenous Therapy, Personal, Rehabilitation, Respiratory, Skilled Care and All Other Home Care, Hospice Care - Out Patient
  • Imaging: CT Scans, MRI Facilities, Non-Invasive Radiology Services, PET Scans, Therapeutic (Cobalt, X-Ray, Terahertz), X-Ray (Diagnostic)
  • Laboratory: Dental, Medical/Pathology/X-Ray, Ocular, Pharmaceutical, Quality Control/Reference, Routine Clinical Pathology, All Other
  • Organ Bank: Direct Processing and No Processing
  • Other: Blood/Plasma Banks, Cancer Treatment Centers, Crisis Stabilization Center, Development Disability Rehabilitation, Dialysis Center, Emergicenter, Gammaknife, Health Department - Incl. Community Health Centers, Hospice (Inpatient), Lithotripsy Center
  • Pharmacies: Contract, Infusion (No Administration), Infusion and Delivery, Retail
  • Rehabilitation: Cardiac, Physical/Occupational, All Other (Speech, Art, Clay, etc.)
  • Surgicenters: Cardiac, Colorectal, Dentists Engaged in Oral Surgery, Dermatology, ENT (Ear, Nose and Throat), Endocrinology, Endoscopy/Colonoscopy, Gastroenterology, General Surgery, Gynecology, Hand Surgery, Head And Neck Surgery, Neoplastic Surgery, Neu
  • Trauma Rehabilitation: Skilled Medical and Therapy

PHYSICIAN GROUP PRACTICE LIABILITY INSURANCE

  • Medical Groups of 10 or More Physicians

Restricted Classes


Eligible Vehicle Types


Trucks

Trailers

Vans & PPVs

Liability Coverages


Underwriting Guidelines


Additional Coverage Options


Submission Requirements


  • Company specific Application and Supplements
  • 5 - 10 years of currently valued company (and SIR if applicable) loss runs
  • Expiring Declarations
  • Send submissions to quotes@ospreyuw.com