Your risks running a medical practice may not think twice about purchasing a general liability policy or malpractice insurance to cover slip-and-fall, bodily injury or negligence claims. But have they considered how an employment practices liability claim could also impact the future of their business?
Employment practices liability claims are on the rise from both a frequency and a severity standpoint. Even a frivolous claim can cost a practice over $30,000 in defense costs, with defense and indemnity payments easily hitting six figures for claims that don’t even make it to trial. It is estimated that 25% of cases that make it to a jury trial result in a $500,000 judgment or higher. Can your insureds’ practices afford to take that risk?
The good news is we have a solution! Our Medical Providers Employment Practices product has comprehensive coverage for medical practices ranging from three to 200 full-time-equivalent employees.
Product Highlights
Available for most accounts and jurisdictions; some restrictions apply
- Employment practices liability including third-party discrimination and third-party harassment
- Separate $250,000 limit for defense costs for allegations of patient molestation included automatically*
- $100,000 Fair Labor Standards Act (FLSA) sublimit for defense costs and loss (not available in California or Florida)
- Defense outside the limit if a $500,000 limit or higher is chosen (does not apply to allegations of patient molestation or violations of FLSA)
- Full prior acts coverage for claim-free accounts in most states
- $50,000 of workplace violence, identity theft and kidnapping coverage included on all quotes
- Optional $50,000 limit for privacy breach expense available
- A free human resources consultation hotline and online toolkit included
Patient Molestation Defense Claim Example
A patient visited a chiropractor for the first time due to a back injury resulting from an automobile accident. Being unfamiliar with proper spinal adjustments and manipulations, the patient felt they were touched inappropriately while the chiropractor performed a lower back adjustment. Although the charges were found to be unsubstantiated and dismissed by the court, the chiropractor incurred substantial defense costs.
Get a quote with minimal information:
- Applicant name
- Address
- Number of employees (including owners/doctors)
- Type of medical practice
Quote online or over the phone today, or contact your underwriter for more information.
*Our separate $250,000 limit for defense costs for allegations of patient molestation is a coverage feature that is not readily available in the marketplace. This coverage defends an employee accused of patient molestation, which most general liability policies will exclude, filling in a very important and necessary gap in coverage.
