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Types of Medical Malpractice Insurance For Doctors Business Articles | May 12, 2010 Medical malpractice insurance is vital to a doctor's career.? Learn more about the different types of insurance available.?
If you are a doctor or physician in need of medical malpractice insurance Mike Bibby Hawks Jersey , it's important to be aware of your options and know the different types of insurance that is available to you.? It's vital to your career to be covered in case the unexpected happens.??
There are several types of insurance that you can purchase directly from an insurance carrier or an insurance brokerage that specializes in malpractice insurance:
Claims-Made Coverage - This type of medical malpractice insurance covers incidents that happen while the policy is active.? A claim has to be filed while the policy is active or the incident will not be covered.? If a doctor decides to cancel hisher policy or switches insurance carriers, the policy will not cover any future claims - even if the incident occurred during the policy period.? Generally speaking Dikembe Mutombo Hawks Jersey , a claim consists of a written demand, but may also include a written or verbal announcements of a claim.
Prior Acts - This is also known as "nose" coverage; A type of supplemental coverage that covers any claims that may arise when your claims-made policy is canceled or non-renewed.