☰ ˟
Logo
We're Here to Help (732) 259-7816 Email Us!
  • Home
  • Get A Quote
  • Customer Service
  • Coverage we offer!
    • Auto
    • Home
    • Business
    • Professional Liability
    • Flood
    • Contractors
    • Bonds
    • Renters
    • Umbrella
    • Cyber Liability Insurance
    • Dental
    • Malpractice
    • Workers Compensation
    • Snow Plow General Liability
  • Make A Payment
    • Speakman Agency Bill Payments only
    • Direct Payments to Insurance Companies
  • Blog
  • Resources
    • Refer a Friend
    • Our Carriers
    • Insurance Glossary
    • Free Reports
    • Frequently Asked Questions
    • Partners Page
  • About Us
    • About Speakman Agency, LLC
    • Location Map
    • Customer Testimonials
    • Privacy Policy
  • Contact

Malpractice Insurance


Malpractice Insurance Information

What is Malpractice Insurance?

Malpractice insurance, also known as professional liability insurance, covers doctors, nurses, surgeons, dentists and other medical professionals in the event of a malpractice lawsuit. Malpractice is a medical error that has resulted in an adverse outcome, such as injury or death. In a malpractice lawsuit, the error must be proven to have been caused by negligence or a departure from the standard of care. Malpractice insurance compensates legal fees, regardless of fault, and any damages awarded.

With liability lawsuits on the rise in recent years, medical professionals remain at risk. A lawsuit can mean financial ruin both professionally and personally, including the loss of homes, cars, and careers. Malpractice insurance protects your practice and can offset the risk and cost of these events.

What types of malpractice insurance are available?

There are two types of malpractice insurance. While they offer coverage for the same risks, the difference is how and when that coverage takes effect.

  • Occurrence: Covers claims that occur while your policy is active. A claim can be reported at any time, even after the policy’s cancellation. Coverage is available with the terms and conditions in effect at the time of the claimed incident.
  • Claims-made: Covers claims that both occur and are reported on or after the retroactive date (the first-day claims-made coverage begins) and before the policy is canceled.

Get started today

If you need malpractice insurance, you have come to the right agent. The Speakman Agency has been representing the healthcare industry for over 30 years. We will review your practice to determine its unique insurance needs and find you the policy with the necessary coverage. Call us if you have questions or want to get started. We are happy to help you get the protection you need for the peace of mind you want. You can reach us at 732-259-7816 or send an email to marianne@speakmanagency.com

Carrier Carrier Carrier Carrier Carrier Carrier Carrier
Logo
PO Box 484
Iselin, NJ 08830

(732) 259-7816
Social Social Social Social
Home Page| Our Team| Join Our Mailing List| Refer A Friend| Insurance Glossary| FAQs| Search Our Site
© Copyright. All rights reserved. Powered by Insurance Website Builder