insurance for nurses
Westwood will work with you to ensure your nurse clients have adequate coverage for every threat they could face.
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.
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.
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.
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.
nurses require special coverage
Nurses face a number of challenges. They must be able to provide care for patients who are often sick, injured, or dying. They must also be able to communicate effectively with doctors and other health care professionals. In addition, nurses must be able to keep up with the latest medical advances and changes in the healthcare system.
The role of a nurse is both demanding and rewarding. Nurses make a difference in the lives of their patients and their families. They are often the first point of contact for patients when they come to the hospital or doctor’s office. Nurses also play an important role in educating patients about their health and how to maintain their health.
Nurses have special insurance requirements. Professional liability insurance is recommended for all nurses. This type of insurance protects nurses from lawsuits that may arise from their professional activities. Nurses should also have health insurance to protect them from the high costs of medical care.
The challenges faced by nurses are many and varied. However, the rewards of being a nurse far outweigh the challenges. Nurses play a vital role in the healthcare system and in the lives of their patients.