Medical malpractice insurance is a policy designed to protect medical practitioners from liability associated with wrongful practice lawsuits. Also referred to as medical negligence medical professional liability insurance, it is a protective measure undertaken by medical professionals of all types. It allows them to practice without excessive fear they will find themselves up against a medical malpractice suit. The question for many professionals and those who have suffered at their hands is what is covered by medical malpractice insurance policies. Before looking at this, it is important that you understand the different types of medical malpractice insurance.
Types of Medical Malpractice Insurance
Essentially, a medical professional can opt for one of two basic two basic types of malpractice insurance. These are:
- Occurrence: This is a favorite of insured if not insurers. Although available in Illinois, it is not common in every state. This specific type of policy covers any loss that “occurs” during the time the insurance policy is active. The time of the incident does not matter. In fact, it even covers this earlier occurrence even if the professional has cancelled the policy.
- Claims-made: This is more popular with insurance companies. It has certain periods in which the policyholder can report the claim. The policy remains in force for a specific time with a limited extended period for reporting the claim.
Whatever the type of claim, at I Am Calling My Lawyer, we realize this is an absolute must for all professional medical personnel.
What Is Covered by Medical Malpractice Insurance?
A medical malpractice insurance policy covers various potential forms of damage. This usually embraces the following:
- Bodily injury
- Property damage
- Personal injury
- Mental anguish
It may also include protection of the professional in instances of peer review panels or boards. However, the most focus is on protection against negligence for the most obvious reasons.
In general, a medical malpractice case is won or lost by the ability of the lawyer of the plaintiff proving medical negligence. This is the linchpin of all medical malpractice cases. It is the reason why, when we accept the case for either the defendant or the plaintiff, we carefully investigate the relationship between the results to the patient and the actions of the medical professional. Only by sifting through all the medical evidence can we obtain an answer that will clearly define the case as to whether it one truly resulting from negligence on the medical professional’s part.
Medical Malpractice Suits
Medical malpractice suits are complex. They involve a complete understanding of the medical profession as well as the definition of negligence under Illinois law. The professionals at I Am Calling My Lawyer are well versed in handling medical malpractice suits. They fully understand what is covered by medical malpractice insurance and can provide expert advice for who need help either as defendants or plaintiffs in such cases.