Medical clinics offer prevention, diagnosis and treatment for a variety of minor ailments. Medical clinics are separate from family doctors and hospitals, and largely focus on one or two specific areas of focus. Some examples of medical clinics are walk-in clinics, sports medicine clinics, fracture clinics and more. Just like larger medical offices, clinics require insurance to protect themselves in the events that couldn’t be or were not prevented.
Commercial General Liability Insurance for Medical Clinics
Commercial general liability insurance protects businesses from slip-and-fall accident lawsuits. If a patient injures themselves in your clinic or their property is damaged, you may be found liable to pay personal injury damages or replacement costs for the damaged property. In a clinic, this could be as simple as falling off a chair or slipping on a missed wet spot on the floor. Personal injury claims are expensive, potentially racking up a multimillion dollar bill.
Professional Liability Insurance for Medical Clinics
Professional liability insurance is also known as errors and omissions insurance. It protects policyholders from lawsuits due to alleged malpractice and negligence. It also protects your clinic from professional errors or missteps. When it comes to medical clinics, misdiagnosis and incorrect prescriptions can be mistakes made very easily, but with colossal implications. If you misdiagnose someone with the flu who actually has Lyme disease, you could be faced with expensive repercussions paid out of pocket unless you have professional liability insurance.
Professional Liability Insurance for Medical Clinics
Professional liability insurance is also known as errors and omissions insurance. It protects policyholders from lawsuits due to alleged malpractice and negligence. It also protects your clinic from professional errors or missteps. When it comes to medical clinics, misdiagnosis and incorrect prescriptions can be mistakes made very easily, but with colossal implications. If you misdiagnose someone with the flu who actually has Lyme disease, you could be faced with expensive repercussions paid out of pocket unless you have professional liability insurance.
Property Insurance
Protect your medical clinic from being destroyed due to weather or fire with property insurance. In the event your building is destroyed or damaged, a property insurance policy can offer to cover repairs. Say your medical clinic is subject to vandalism – rather than paying thousands of dollars out of pocket to clean the walls, file a claim with your insurance company and save more money.
Cyber Insurance
When you have files, medical history, records and diagnosis of hundreds, maybe even thousands, of patients, any sort of data breach could be a real cause for privacy concern. While purchasing cyber insurance may not necessarily stop a breach from taking place, it can cover costs that follow a cyber data breach, hardware or software malfunction. Covered costs may include investigation, repair, replacement or legal fees, depending on your policy coverage.
Speak with an isure insurance broker about how you can get the best rate for a policy that sufficiently covers your medical clinic from any potential risks.
Cyber Insurance
When you have files, medical history, records and diagnosis of hundreds, maybe even thousands, of patients, any sort of data breach could be a real cause for privacy concern. While purchasing cyber insurance may not necessarily stop a breach from taking place, it can cover costs that follow a cyber data breach, hardware or software malfunction. Covered costs may include investigation, repair, replacement or legal fees, depending on your policy coverage.
Speak with an isure insurance broker about how you can get the best rate for a policy that sufficiently covers your medical clinic from any potential risks.