Why Doctors MUST Have Liability Insurance

Why Doctors MUST Have Liability Insurance Florida Doctors Liability Insurance is vital for medical professionals and medical offices so they can protect themselves – both from false and real claims.

In case a real error is made, it is necessary to be insured from a medical negligence compensation claim so you are not obligated to pay out of pocket. Of course no one wants to admit fault, but they DO happen and there has to be compensation given to the victim.

These cases are often in thousands of dollars and in some cases, millions. If you do not have Florida doctor’s liability insurance, the person who made the fault wouldn’t be able to pay the victim. This could ruin your reputation as a healthcare professional.

In case of a false claim, it is even more vital to have Florida doctor’s liability insurance.

With the inclination to sue whenever you can become greater, nurses, doctors, hospitals and surgeries need to be covered fully.

Whether claims are false or not, doctors should take out Florida doctor’s liability insurance against neglect, mental injury, misdiagnosis, bodily injury and other types of possible negligence. There are many types of medical negligence or professional indemnity insurance policies to keep in mind. There are a few that are for certain types of professions, such as doctors, while others are for general coverage, specifically for hospitals.

It is best for all kinds of medical professions to speak to a qualified insurance broker that specializes in Florida doctor’s liability insurance, such as Lancet Indemnity, in order to talk about their specific requirements, the potential lawsuits they can run into and the possible costs.

Alternative medicine providers, therapists and homoeopaths can be sued for medical malpractice. They have to have Florida doctor’s liability insurance as well to keep from having to pay out of pocket. Advantages of being insured are not limited to refraining having to pay claims. For medical offices taking out Florida doctor’s liability insurance, the policy will cover all of the employees, not only the doctors, so they will be fully covered from everything. Keep in mind that each doctor has to have his or her own insurance as well.

Lancet Indemnity is a unique collaboration of ideas: a Physician Owned and Directed Professional Liability Insurance carrier specifically created to protect its policyholders.

Lancet Indemnity provides traditional and innovative coverage’s for individual physicians, groups, captives and associations in an effort to manage today’s assets and tomorrow’s realities.