Malpractice insurance for acupuncturists provides oriental medicine practitioners with protection from patients or coworkers who claim their negligence at work caused an injury. This could be a wrong diagnosis, a sexual assault claim, an infraction of HIPAA privacy laws, or any claims of negligence. While many employers may offer coverage against malpractice related claims, the interests of the employee are viewed as secondary.
With individual acupuncturist malpractice insurance coverage, the monetary coverage and policy benefits are guaranteed for the policy owner’s sole use. Acupuncture liability insurance protects you from litigation expenses, as well as gives you a team of industry experts that fight for your personal assets, professional credentials, and financial future.
It is recommended that acupuncturists have their own acupuncture insurance policy that puts their personal interests first. If an acupuncturist depends solely on their employer’s insurance policy, their interest will likely be viewed as secondary to the employer, clinic, or office that owns the policy. The employer’s shared liability insurance policy may also have inadequate coverage limits should a claim be made against multiple employees, or the entire clinic. That means that other policy holders could use a significant portion of the coverage which leaves little for other professionals, enhancing the risk of personal losses. An individual acupuncture liability insurance policy is the best way for you to protect their career. Having your own acupuncturist insurance policy means having a team that is focused on YOUR personal interests, not your employers, co-workers or anyone else involved.
?Not all acupuncture insurance plans are created equal. CM&F has created a tailored insurance policy to meet the specific needs of acupuncturists, offering peace of mind as they perform their everyday responsibilities. CM&F’s dedication to innovating the insurance marketplace with an automated quoting engine and advanced technology makes it possible to keep the acupuncture malpractice insurance cost affordable, all while underwriting the most comprehensive policies in the market. CM&F offers a broad policy that is based on your scope of practice, so no services are excluded from your coverage; unlike many of our competitors. In as little as 5 minutes, CM&F’s acupuncture malpractice insurance quote engine can provide any acupuncturist with a quote, and option to purchase coverage that is effective immediately (or on a later date, as far in advance as 90 days, if selected).
What Types of Acupuncture Malpractice Insurance Policies Does CM&F Offer? ?
There are two types of basic malpractice insurance policy options: Occurrence and Claims-made. CM&F offers occurrence malpractice insurance for acupuncturists, in addition to claims-made policies. An occurrence policy means that if a claim is made against an acupuncturist regarding a past incident that occurred during a time they were previously covered under CM&F liability insurance, that claim will be covered by CM&F even if the acupuncturists has since ended their liability coverage. Since most malpractice claims are made 18-24 months after an incident occurs, this type of protection is very important. Claims-made insurance policies only protect professionals if they have insurance at the time of the claim. With occurrence policy insurance, there is no need for acupuncturists to renew or buy tail coverage should they choose to leave CM&F or retire.
CM&F malpractice insurance for acupuncturists is portable, which means as the acupuncturist moves, so does the coverage. CM&F’s malpractice insurance policy is attached to the individual acupuncturist, not their place of work. Not having your own, portable coverage separate from your employer’s shared policy limits your protection to duties performed for that sole practice. For acupuncturists who contract, work at multiple places, or have private clients, a portable malpractice insurance plan is a must – and with CM&F, only one policy is required to cover the individual at any amount of workplaces.
CM&F was founded over a century ago. Through up and down markets, CM&F’s dedication to holistic medicine professionals has never wavered. CM&F remains committed to making it easy and cost-effective to secure vital professional coverage with: