Doctors, nurses, and other medical professionals can find themselves personally liable if something goes wrong with one of their patients. Liability coverage, like malpractice, provides some protection from lawsuits and court-ordered financial judgments. But is it enough? The experts at Busick Insurance Agency LLC believe all medical professionals in the Orleans, IN area should add umbrella coverage to their insurance portfolios for increased protection.
- Umbrella policies cover legal costs. Attorney fees can be substantial. Your other policies may not completely cover the cost, leaving you responsible for a large portion of your defense fund. An umbrella policy protects your personal wealth.
- Allied healthcare professionals like medical assistants and sonographers may carry low-coverage liability policies because of the nature of their jobs. This can leave them vulnerable if they are found liable for damage to a patient. Inexpensive umbrella policies can bridge those gaps without an enormous increase in premiums.
- If you are found liable for injury, death, or loss to a patient, your umbrella policy helps cover your court-ordered restitution payments. Without an umbrella policy, a single case could leave you without any savings.
- You are more than just a medical professional. You may be a parent, motorcycle enthusiast, or homeowner. This means you already have a few insurance policies. Your umbrella policy can be designed to cover all of these policies. That means you get an extra layer of protection for everything you own.
Busick Insurance Agency LLC helps medical professionals in the Orleans, IN area protect their earnings and livelihood with customized umbrella insurance policies. Contact our representatives today to learn how these policies can benefit you.