Medical malpractice insurance in Naperville is designed to protect you and your staff while running your medical practice. Health practitioners are not exempted from committing errors or negligence during the conduct of their services. With this grim reality, health care providers such as doctors and dentists should have a medical malpractice insurance in Naperville to offset the economic losses and litigation costs filed by their patients. When the error or omission has been done, the medical practitioners will lose their wages, including their assets to indemnify their patients’ claim.
Coverage of Medical Malpractice Insurance Naperville
Medical practice seldom happens to healthcare providers throughout the course of their profession, but when it accidentally happens due to their negligence or act of omission, the repercussions can be difficult to handle.
Here are the claims that can be covered by the medical malpractice insurance in Naperville:
- Compensatory damages-These are claims awarded to the plaintiff in the form of money as compensation for the death and physical injury of the patient.
- Punitive damages-These are claims to deter the medical practitioner from committing the same error that have caused the plaintiff injury or death. The court will also order the defendant to indemnify the victim or victim’s family. This can be applied if the remedy for compensatory damages is not enough to satisfy the complainant.
- Financial losses resulting from lost income, medical cost and hospitalization costs until such time the patient is healed.
- Litigation costs
Note that the compensatory damages can be economic such as lost income due to injury and the other one is non-economic which may cause the victim disability such as visual impairment, death, mental and emotional anguish.
Why You Need Medical Malpractice Insurance in Naperville
Medical malpractice insurance in Naperville is important to keep your healthcare business running. Claims for medical malpractice are increasing yearly as there are many cases in the past that were awarded hefty monetary compensation to the families. This has inspired some people who have experienced medical malpractice by their physician or surgeon. Sad to say, some of these claims were fabricated to embarrass the healthcare provider. With this realization, it is about time to get a medical malpractice insurance in Naperville to protect your profession and business from the risk of lawsuits by claimants without legal basis.
Act now by talking to our insurance agent. Call us today (630) 947-7980 and get a free medical malpractice insurance quote in Naperville!