Luna is the fastest growing physical therapy (PT) clinic nationally. Operating across 45 markets in 25 states, Luna offers 1:1 personalized PT at home that is covered by insurance.
Like Luna, CM&F is dedicated to creating opportunities for physical therapists by offering affordable, comprehensive insurance solutions you can rely on.
With affordable professional liability, general liability, as well as cyber liability coverage leading to big savings annually, Luna has made it easy to pick a liability insurance policy that protects your franchise.
Luna has partnered with CM&F Group to bring physical therapy professionals the most comprehensive and lowest cost physical therapy liability insurance policy in the market today. Our physical therapy malpractice insurance is tailored to the needs of your individual clinic, designed to protect your assets, license and the reputation of your business.
For over 30 years, CM&F has been insuring Physical Therapy clinics and individual professionals with an easy-to-obtain, affordable, comprehensive physical therapist liability insurance plan. Our innovation and investment in technology for business insurance solutions in the healthcare space has allowed CM&F the opportunity to have competitively priced premium rates that can show big savings for physical therapists across the nation.
Frequently Asked Questions
If you have an Occurrence policy you can simply purchase the CM&F policy when the existing policy expires. Claims-Made policies should be discussed with a CM&F service professional to ensure there are no gaps.
Yes almost all medical professionals are required by law to carry some level of liability insurance protection. Practicing medicine without professional liability insurance is like driving a car without auto insurance. Looking for clinic or group coverage options? View the list of groups eligible to apply for a CM&F liability insurance policy.
The CM&F insurance policy offers up to $1,000,000 in defense coverage for any sexual misconduct claims. Legal fees are EXTREMELY expensive in todays world. Most companies only offer $25,000 in legal / defense costs. How far will that get you if you are falsely alleged to touch a client inappropriately? CM&F wants to protect their clients to the maximum amount.
Many insurance carriers include the legal costs inside the per claim Limit. For example, if you have $1,000,000 Per Claim Coverage and the claim settles for $1,000,000 the client would have to pay the legal costs associated with the claim since they are not paid “In Addition To the Policy Limit”. Legal costs can run into the hundreds of thousands of dollars in certain cases. The CM&F policy will pay all legal fees in addition to the indemnity payment. In the example above the CM&F policy would pay the full amount.
Most liability and malpractice insurance policies DO NOT ALLOW the client to fight a claim if they feel they are not at fault. Instead most insurance companies have what is called a “Hammer Clause”. The “Hammer Clause” allows the client to force the insurance defense to move on with the one stipulation. If the claim ultimately pays more than what the insurance company had asked you to settle for the difference is paid by the client. For example, a claim settlement is offered at $100,000 to the Physical Therapists and their insurance company. The PT did nothing wrong and argues to fight the claim in court. If the insurance company has a “Hammer Clause” that PT would have to pay the difference between the ultimate award and the $100,000. This could be many tens or hundreds of thousands of dollars. The CM&F insurance policy will fight on and pay the full claim regardless if the client chooses not to settle.