Medical Malpractice Coverage
We cover individual physicians, physician groups, and facilities in California, Hawaii, Idaho and Alaska. Additionally, we offer policy limits up to $5 million for each claim/$7 million annual aggregate.
The costs of defending you against claims are in addition to these limits i.e. the cost of defending you does not reduce your coverage. Higher limits may be available for individual physicians for physician group entities. Contact us for more details and a quote.
Our policy features
We cover you for allegations of damage or injury resulting either from the delivery, or alleged failure to deliver, health care services to patients. Our policy form also affords you coverage when acting as an independent medical examiner and when providing advice or consultation regarding the health of persons who are not patients. Perhaps most importantly, our policies contain a “consent to settle” clause that means we cannot and will not settle a claim against you without your consent.
Defense Coverage for Specified Practice Risks
We offer our policyholders up to $25,000 in legal defense coverage for administrative proceedings or civil lawsuits by the office of the Inspector General; or non-employee claims arising from your practice that allege:
- Unlawful discrimination
- Assault and battery
- Malicious prosecution
MIEC offers DataGuard Insurance coverage (also known as the Information Security Endorsement) in collaboration with Tokio Marine HCC – Cyber & Professional Lines Group, a specialist in cyber liability products. Tokio Marine HCC provides underwriting and claims support to MIEC in the administration of the DataGuard product. Click here for more information on Tokio Marine HCC.
The DataGuard Insurance covers most of the types of expenses you may have to pay in the event of a privacy breach with a limit of $50,000 policy annual aggregate. Higher limits may be provided upon completion and approval of a short application. The endorsement includes coverage (within the limits of liability) for the following:
- Multimedia Liability
- Security and Privacy Liability
- Privacy Regulatory Defense and Penalties
- PCI DSS Assessment
- Privacy Breach Response Costs, Notification Expenses, and Breach Support and Credit Monitoring Expenses
- Network Asset Protection
- Cyber Extortion
- Cyber Terrorism
MIEC provides an electronic platform for information that will enable you to understand and deal with these new and evolving exposures. This includes unlimited online access to tools and resources that help mitigate your exposure if a breach occurs, such as:
- Compliance materials with state by state rules and regulations
- Implementation checklists to help protect, detect, contact and correct any security violations
- Training programs such as webinars, bulletins, online modules for you and your staff
- Step-by-step procedures to reduce risk including information on the proper destruction of protected health information
Prior Acts (Nose) Coverage
Prior Acts Coverage is available to physicians applying for coverage after being continuously insured by another claims-made insurer, and eliminates the need of purchasing reporting endorsement (tail) from your previous insurer. This coverage is subject to approval by our underwriters.
Miscellaneous Business Liability (optional defense coverage)
We offer at an additional cost, legal defense protection, which pays 90% of reasonable legal expenses, up to $100,000 per civil suit or administrative proceeding, with a maximum of $300,000 for all claims reported during a policy year for the following:
- Breach of contract
- Wrongful termination of an employee
- Employment discrimination or harassment
- Wrongful acts or omissions
- Civil claims for assault, battery, false arrest or personal restraint, malicious prosecution or conspiracy
We can also provide coverage for premises liability, which insures the liability that arises from bodily injury and property damage to members of the public at your professional office premises. This coverage is optional and it does not constitute comprehensive general, business, automobile liability or workers compensation coverage.
Extended Reporting Endorsement (Tail) Coverage
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. Because most malpractice claims and suits are filed months or years after treatment or surgery, 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.
We provide separate entity coverage to your multi-shareholder corporation or partnership provided all physician members are insured with us. Discounts are available to groups who meet certain premium and size criteria or who participate in our sponsored loss prevention program.
Interested in group coverage? Request a group estimate.
Facility and Laboratory Coverage
We can provide professional liability coverage for health care facilities that are 100% owned by our policyholders, including:
- Community clinics
- Diagnostic outpatient facilities
- Outpatient surgery centers
- Sleep centers
- Urgent care centers
Interested in facilities and laboratory coverage? Apply now.