Health Professional Liability Insurance Solutions with LMBF
Operating in the health services or “healthcare” industry means working directly with clients’ most sensitive subject: health. Health professionals may include dietitians, counselors, massage therapists, speech pathologists, physiotherapists, physicians, and so much more. There is considerable risk with this noble line of work, and the stakes are rather high. Even the most trained and professional healthcare worker may find themselves on the other end of a medical malpractice claim. That is why health professional liability insurance is a necessity for any worker or business in the healthcare field. LMBF helps healthcare workers secure sufficient medical malpractice insurance to protect their financial security and peace of mind.
What Professional Medical Insurance Covers
Claims of Medical Malpractice
Health professional liability insurance may be mandatory for many lines of work within the healthcare industry. This coverage protects healthcare works from claims of incorrect diagnosis, negligence, poor advice, or medical malpractice. Professional medical insurance may assist with any legal costs, settlement fees, and defense expenses.
Administrative Error
Even the most practiced and professional medical clinic or healthcare business can make mistakes. If there is an administrative error, such as forgetting to obtain consent from a customer when sharing private information, your business may be faced with a lawsuit. Your professional medical insurance may be able to cover these costs.
Commercial & Property
Insurance for healthcare businesses should be sufficient enough to cover your property and physical assets as well, including the brick-and-mortar location your healthcare business operates out of and its assets. Commercial property covers businesses in the event there is a natural disaster, fire, or instance of theft.
- Claims of negligence
- Administrative error
- Omission
- Medical malpractice
- Sudden losses
- Undocumented income
- Criminal activities
- Gradual wear and tear
- Intentional actions
What is medical malpractice insurance?
There are so many different careers and businesses within the healthcare industry in Canada. Hospitals, nursing homes, private medical practitioners, and so on are all examples of healthcare professionals who may be in need of medical malpractice insurance. Due to their responsibility for the health of their clients, healthcare workers require medical malpractice insurance to cover themselves against claims of having made a mistake delivering a promised service, misinformation, accidental omission of crucial information, and more.
Types of Professional Medical Insurance
Our Professional Medical Insurance Partners
Medical professionals and healthcare workers perform a service that we cannot do without. Whether you are a healthcare worker operating in a hospital or through a private practice, the work you do is invaluable. That is why LMBF partners with only the best professional medical insurance providers to help get you an affordable quote so that you can operate to the best of your ability knowing you have protection for your financial security and peace of mind. See the difference for yourself by starting with a free professional medical insurance quote.
