Professional liability insurance for home healthcare agencies also called malpractice insurance, professional indemnity, or errors and omissions insurance, is vital to your business’s longevity should you, your employee, or your full practice be named in a malpractice lawsuit.
Even if you did nothing wrong, the out-of-pocket costs for legal defense are expensive. AI&FS provides comprehensive home health care group professional liability insurance that protects your business’s financial stability and reputation from the damages of lawsuits resulting from errors, negligence, or undelivered services. Additionally, AI&FS’s home health care group malpractice insurance also covers the payment of any Court Award or Settlement as well as Legal Defense costs.
In the interest of providing the most comprehensive coverage possible, AI&FS‘s home health care group malpractice insurance fluctuates with the relevant laws that dictate the scope of practice. Should the scope of practice for the insured change, your policy automatically includes those changes, so you never have to worry about a gap in patient care services covered.
All AI&FS home health care group professional liability insurance policies include Workplace liability insurance to provide coverage for claims of bodily injury or property damage brought by patients. Additional general liability coverage is available as an add-on in the application process.
Additional Coverages Available
Home Healthcare Group General Liability
General liability insurance is an essential part of any business. AI&FS‘s general liability insurance for home healthcare groups provides coverage for claims of bodily injury as well as property damage that occurs in the facility where services are provided. Additional claims covered by general liability insurance include wrongful eviction, libel, false arrest, advertising injury, as well as malicious prosecution.
General liability insurance for home healthcare clinics is available as an add on to your professional liability insurance policy. Also, landlords & equipment lessors coverage can be added to your general liability insurance policy at no extra cost.
Home Healthcare Group Cyber Liability Insurance. As the world becomes more and more technologically dependent each day, data breach insurance for home healthcare agencies is extremely important to protect your business and its reputation.
Due to the costly repercussions of a cyber hack or patient data breach, over 60% of small to medium-sized practices are forced to go out of business. The cost of notifying patients averages $460 per individual, per hack – more than triple what it costs for a retailer to notify their customers that a cybersecurity incident has occurred.
AI&FS’s patient data theft insurance for home healthcare agencies is optional coverage available to you whether you have a professional liability policy or not. Get a quote for cyber liability insurance protection. We only partner with insurance carriers who have the highest A.M. Best ratings, and are endorsed by the best organizations in the field!