PTPN is committed to furthering the advancement of physical therapy clinics through cost-savings, growth opportunities, and risk protection. Recognizing the same commitment through CM&F’s offering of affordable and comprehensive PT malpractice insurance, PTPN recommends members use CM&F to access tailor-made PT insurance solutions that are over 50% cheaper than other liability insurance providers in the market.
With some of the lowest costs on the market, and the ability to practice telehealth/telemedicine under one policy, CM&F makes getting the right physical therapist liability insurance coverage easy. Practice virtually or in-person without fear of litigation, knowing CM&F has your back.
For over 30 years, we have been insuring Physical Therapy groups and individual therapists with an easy-to-obtain, affordable, comprehensive liability insurance plan. Our physical therapy liability insurance is tailored to your specific needs, designed to protect your assets, as well as your reputation.
You should be able to do your job or run a clinic without constant fear of litigation. CM&F policies are portable, and will go wherever you go, ensuring you are always protected. Having CM&F as your liability insurance provider allows you to devote all your attention to your practice or clients, and to ultimately provide them a better experience.
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.