Basic Coverage | Optional Coverage | New Acupuncturists | Premiums | Application
With the growing acceptance of acupuncture by many 3rd party payers, you have an opportunity to expand your practice. But you also have a more pressing need to protect it, too. Look to us to protect you with professional liability insurance.
You can qualify for coverage if:
- You practice in California, Idaho, Alaska or Hawaii
- You limit the practice of acupuncture as defined in your state's licensing board regulations.
- Resolved over 24,000 malpractice suits and claims; nearly 90% closed without indemnity payment
- 100% owned and governed
by our policyholders
- Rated A- [Excellent] by A.M. Best
- Competitive, stable rates
plus discounted rates for new acupuncturists
- Distributed over $364 million in dividend credits since inception
- FREE Premises Liability (slip and fall)
Not sure where to start? Call us at 1.800.227.4527.
United California Practitioners of Chinese Medicine (UCPCM)
California Certified Acupuncturist Association (CCAA)
California State Oriental Medical Association (CSOMA)
Hawaii Oriental Medicine and Acupuncture Association (HOMAA).
We provide professional liability insurance under a claims-made contract with a choice of liability limits:
- $500,000 per claim/$1.5 million annual aggregate
- $1 million per claim/$3 million annual aggregate
Our policy also provides for legal defense costs in addition to the limit of liability, and a $25,000 reimbursement for legal defense costs incurred as a result of licensing agency proceedings involving quality of care issues.
Prior Acts Coverage
If you come to us from another claims-made carrier, we offer “prior acts” (also called “nose”) coverage. This will cover you for claims first made against you in the future, but related to treatment that occurred while you were insured under the previous claims-made policy.
Offered to any policyholder whose policy is canceled or not renewed, tail coverage extends the reporting time for covered claims beyond the life of the policy (link to glossary). Because most malpractice claims and suits are filed months or years after treatment, tail coverage is an important safeguard. The premium is based on rates in effect when the coverage is offered. There is no premium for policyholders who have been with us for at least five consecutive years and who retire at age 55 or older. Tail coverage is also provided at no cost when a policyholder becomes totally disabled or dies.
IMPORTANT: If your most recent coverage was a claims-made policy, you must either purchase “tail” coverage from your former carrier or apply for “prior acts” (also called “nose”) coverage with us. Prior acts coverage is generally available if you are currently insured under a claims-made policy in a state where we provide professional liability insurance. If we approve you for prior acts coverage, your premiums will be at the claims-made step-rate based on the number of years you have been insured by your previous claims-made carrier.
Premises Liability Coverage
This is available at no cost for professional office locations that you own or lease (not home offices). It insures your legal liability for injuries to patients or members of the public sustained at your office premises, such as a slip and fall claim. The coverage does not insure any personal property you own or lease.
Entering private practice for the first time? You are eligible for two years of new-to-practice discounts—50% during the first year of coverage and 25% in the second year. Calculate your new-to-practice rates now.
Claims-made rates follow a “stair-step” pattern for the first three years, until a “mature” level is reached. Here’s how claims-made step rates progress in the first three years:
Premiums may be paid annually or quarterly. No interest fees apply should payments be made on a quarterly basis. Our policies have a common anniversary date of February 1. New policies effective after that date will have prorated premiums in the first year.
Want an instant rate quote? Use our premium calculator.
Enjoy our protection and low rates. To apply, just download and, print the application, returning the completed form to us by fax or mail. You can also fill out a PDF file and submit it online or if you prefer, call 1.800.227.4527 or email us to request an application.