Malpractice insurance is a type of professional liability insurance intended to cover healthcare professionals.
Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O) in the US, is a form of liability insurance that helps protect professional advice and service-providing companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. Professional liability coverage sometimes also provides for the defense costs, including when legal action turns out to be groundless.
Contact us to learn more about the right insurance for you.
We have been committed to providing financial protection to OBGYNs for over 30 years and have developed a program that makes our rates the most competitive in New Jersey. Our focus on group benefits has enabled us to provide significant savings for physicians and their practices. As a Barnabas Health provider, you are qualified to join our Medical Malpractice Insurance Group, PHCA.
There is no need to wait for your renewal date to begin to save money. It is easy to transfer your coverage midterm and we will assist you in the process for a seamless transition. Eliminate the uncertainty of premium spikes, take control of your expenses and reinforce the protection of your reputation with our exclusive risk management tools
Below is a brief review of our member benefits:
For full-time OBs – our premiums are the most competitive in the state,
Coverages are underwritten by MdAdvantage A“ as rated by A.M. Best.
For part-time OBs – we offer significantly reduced rates.
Group protection: Our group protection strategy protects you from premium spikes by reducing the impact of individual claims
Expanded coverage: Our clients can see obstetrical patients through to full-term
Claims consultant available full-time
Specialized consent forms
$50,000 in coverage for RAC-Audit (MPAI) and HIPPA (PDS) coverage
$50,000 in coverage for Employment Practice Liability Insurance (EPLI)