1055 West 7th Street
Los Angeles, California 90017
Phone: (310) 463-5122
Steve Muehler - Commercial Insurance - Laboratory Professional Liability Insurance. Steve Muehler - Commercial Insurance's - Laboratory Professional Liability Insurance is designed to protect your assets, license and reputation. Steve Muehler - Commercial Insurance has partnered with one of the country's longest-standing professional liability insurance providers, which today has more than 100,000 healthcare providers currently insured.
Targeted Market Segments:
Assistant Medical Technicians
Certified Laboratory Technicians
Clinical Laboratory Technicians
What coverage can professional liability insurance provide for healthcare professionals?
Incorrect diagnosis or poor advice:
A doctor who gives a misdiagnosis or a physical therapist who offers faulty advice could end up worsening a patient’s condition. If that patient sues and you don’t have proper coverage, you could end up paying for a legal defense with your own assets. Professional Liability Insurance can cover expenses related to the lawsuit, including judgments and settlements.
Accusations of negligence:
Nurses, home healthcare providers, and other healthcare professionals are highly susceptible to claims of negligence. For example, a patient could claim that a Nurse’s neglect caused bed sores. If the patient files a lawsuit, Professional Liability Insurance can cover legal expenses, such as the cost of hiring an attorney.
Mistakes or oversights:
Even if a claim is frivolous, an alleged error could still result in a costly malpractice lawsuit. If poor imaging leads to a misdiagnosis, for example, a radiology lab could be held responsible. Professional Liability Insurance can help pay for your legal costs, including attorney’s fees and court-ordered judgments.
Other important policies for healthcare professionals:
While Professional Liability Insurance guards against work errors and negligence, it does not provide complete protection. Accidental injury and property damage are daily risks for any healthcare business. Other policies to consider include:
General liability insurance: This policy can pay legal expenses related to patient property damage and injuries, along with advertising injuries such as slander.
Business owner’s policy: This policy bundles general liability insurance with commercial property insurance, often at a lower rate than if the policies were purchased separately.
Workers’ Compensation Insurance: Required in almost every state for healthcare businesses that have employees, workers’ comp can cover medical expenses for work injuries.
Cyber liability insurance: This policy helps healthcare professionals survive data breaches and cyberattacks by paying for recovery expenses and other associated costs.
Below you will find a link to our General Laboratory Healthcare Professional Liability Insurance Application Form. In an order to "Get to Know You and Your Business Better" please complete as much (or as little) as you feel and send to us. This will allow us to have a general knowledge of your business before scheduling a time to speak (phone or video conference) or to meet in person.