Introduction to Medical Malpractice Insurance - Gallagher Healthcare
: Roughly 31% of all physicians have faced a lawsuit, a number that jumps to 47% for doctors over age 55. buy medical malpractice insurance
While most employed doctors have coverage through their hospital, any shift toward self-employment means you must navigate the complex world of professional liability on your own. 🛡️ Why You Need Coverage (Even if Not Required) buy medical malpractice insurance
: Defense fees alone can range from $100 to $500 per hour, and the average payout for a settlement or judgment can exceed $350,000. buy medical malpractice insurance
Medical malpractice insurance protects your personal assets and professional reputation from the devastating financial impact of a lawsuit.
Choosing the right "trigger" for your policy is your first major decision.