medical personnel services insurance

Westwood will work with you to ensure your medical personnel services provider clients have adequate insurance coverage for every threat they could face.

General Liability Insurance

General Liability insurance cover medical expenses and attorney fees which result from bodily injuries and property damage that your company or organization could be legally responsible for.

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Professional Liability Insurance

Professional liability insurance, also known as errors and omissions insurance (E&O), protects your business against claims of negligence, malpractice, errors, and omissions which may have occurred during the fulfillment of a professional service.

Directors and Officers Liability (D&O) insurance

D&O insurance (Directors and officers liability insurance), shields the personal assets of company directors and officers, and where necessary, their spouses, from claims which could arise as a result of the decisions they made and actions they took within the scope of their regular duties.

Cyber insurance

Cyber liability insurance covers the financial costs associated with a breach of your cyber security, such as a ransomware attack. It also covers first party costs including event management, data restoration, financial costs to third parties, network interruption, and cyber extortion.

HNO Insurance

HNOA, (hired non-owned auto insurance) is designed for organizations who regularly hire vehicles or require employees to use their own vehicles in the course of their work. In the case of an accident where your employee was liable, it could cover physical damage to that other person’s vehicle, medical expenses, the cost of hiring an attorney to defend your business.

Workers’ Comp. Insurance

Workers’ compensation insurance covers your employees for workplace injuries or illness. It provides them with medical and wage benefits.

This coverage is mandated by each state, with the wage and medical benefits varying from state to state. Workers compensation also protects business owners from civil suits by workers who become injured on the job.

Employment Practices Liability

Employment practices liability insurance (EPL insurance or EPLI), covers employers (PDF) against claims made by employees for:

Discrimination (based on sex, race, age or disability, for example)
Wrongful termination
Harassment
Failure to promote and other employment-related issues

Environmental Liability insurance

Environmental Liability insurance is liability insurance specifically designed to protect environmental liabilities. This is a specialized form of general, commercial liability insurance that provides financial protection against litigation and clean-up costs resulting from claims of injury or damage caused by pollution, contamination or hazardous waste disposals.

Property Insurance

Property Insurance covers unexpected damage or loss to property. The policy can be purchased to cover both structures and contents, which are separate policies in many cases. Property Insurance covers physical structures, not land. Medical facilities and aged care facilities need property insurance to cover the real property and all fixed items such as furniture, medical equipment, art works and tapestries.

Crime Insurance

Crime Insurance covers the insured party a reimbursement if their property is damaged due to a crime. Crime Insurance usually has a huge range of options and comes in different forms. It can be either a rider that can be attached to the existing insurance policy, or it is available as a completely separate product.

Auto Insurance

Auto insurance is a type of liability insurance coverage, usually mandated by law, for all mechanically propelled vehicles. It provides protection against losses resulting from traffic accidents and against liability that could also arise therefrom. A medical or aged care facility would typically have auto insurance on their fleet of vehicles as well as for any vehicles transporting patients to and from the facility.

Fully/Partially Funded insurance

Partially Funded insurance gives facilities the opportunity to pay a set premium for, and then in turn is partially covered for specific risks.

Fully Funded Insurance allows facilities to pay premiums to have coverage against all risks. In return, if they are unfortunate enough to incur any of the covered loss or injury, they are reimbursed their insurance policy amount.

Excess and umbrella coverage

Excess coverage provides an additional layer of protection over and above what an underlying policy provides. It applies to a single policy only.

An umbrella policy on the other hand, provides additional liability coverage over and above what is provided by a number of underlying policies.

medical personnel services providers need insurance

Medical personnel services providers need insurance to help them with the many challenges they face in their work. One of the biggest challenges is ensuring that they have the resources they need to provide quality care to their patients. This includes having access to the latest medical technology and equipment, as well as having a sufficient number of staff members to provide care.

Another challenge faced by medical personnel services providers is ensuring that they provide quality care in a cost-effective way. This can be difficult, especially in today’s healthcare landscape where costs are constantly increasing. Finally, medical personnel services providers must also deal with ever-changing regulations and standards. Meeting these requirements can be difficult, but it is essential to providing quality care to patients.

Medical personnel services providers are required to have insurance in order to provide their services. This is to ensure that patients are protected in case of an accident or injury. Providers can choose from a variety of insurance plans, depending on their needs and budget.

There are several types of insurance that medical personnel services providers need. The first is general liability insurance. This insurance protects providers in case someone is injured or dies as a result of their services. Providers can also purchase malpractice insurance, which covers the cost of any lawsuits that may be filed against them.

Individual employees should be covered by professional liability and workers compensation insurance. If the company may also wish to take out employment practices liability insurance. This insurance will protect the company if an employee sues them for wrongful termination, sexual harassment, or discrimination.

Medical personnel services providers should also have property insurance to protect their equipment and office space in case of a fire or burglary. Finally, providers should consider health insurance for themselves and their employees. This will help protect them in case of an unexpected illness or injury.