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Your employer’s policy is focusing on covering the interests of your employer, rather than covering you as an individual employee. In order to truly help safeguard your career, you need your own individual professional liability policy that prioritizes your insurance needs.

While your employer-based plan may provide some coverage, it also may result in significant coverage gaps, leaving you vulnerable to the devastating effects of a malpractice lawsuit or a licensing board complaint. Your employer’s policy focuses primarily on the coverage for its business. However, an insurance policy that puts your interests first and provides additional benefits to you helps protect you.  Furthermore, your employer-based policy may limit coverage solely at your place of work and does not extend to volunteer work, moonlighting or freelance work you may undertake.

HPSO’s policies are wide-ranging. In addition to providing coverage in the event of a covered malpractice lawsuit, our policies also respond to covered depositions, subpoena requests, complaints against your license and more.

Policies issued through HPSO provide coverage in the event of a covered malpractice lawsuit and HPSO’s policies also respond in the event of covered depositions, subpoena requests, complaints against your license and more. 

Don’t think of the premium as simply another expense.  Rather, it should be considered an investment in your career. Additionally, HPSO’s rates are cost-effective for the broad coverage you receive. For example, the average total cost of a malpractice lawsuit for Counselors exceeds $110,000¹, while the average total cost of a malpractice lawsuit for a Physical Therapist is greater than $130,000². Meanwhile, an individual professional liability insurance policy through HPSO may cost only $100-$400* annually. You’ve spent time and money investing in your education and working hard to build your career. However, as a healthcare provider, you may be vulnerable to the risk of a malpractice incident or lawsuit due to the nature of your job.  Not having a professional liability insurance policy is a risk. HPSO offers important coverage at an affordable premium,

The average lawsuit can devastate a career. For example, the average total cost of a malpractice lawsuit for Counselors exceeds $110,000¹, while the average total cost of a malpractice lawsuit for a Physical Therapist is greater than $130,000². Meanwhile, an individual professional liability insurance policy through HPSO may cost only $100-$400* annually. You’ve spent time and money investing in your education and working hard to build your career. However, as a healthcare provider, you may be vulnerable to the risk of a malpractice incident or lawsuit due to the nature of your job. Not having a professional liability insurance policy is a risk. HPSO offers important coverage at an affordable premium.

Safeguarding your future career is about more than test prep, practicums and pop quizzes. Although you are a student, you may be named as a defendant in a malpractice lawsuit.  Even with the coverage provided under your institution’s policy, you’re exposed to potential risk. HPSO’s professional liability insurance policy for students was created with you in mind and can help you start your professional journey on the right track.

Although you are a student, you may be named as a defendant in a malpractice lawsuit.  Even with the coverage provided under your institution’s policy, you’re exposed to potential risk. HPSO’s professional liability insurance policy for students was created with you in mind. It helps provide coverage at an affordable price, starting at $42 annually for students.

As a healthcare professional, you are vulnerable to more risk than you may think.  When you are no longer seeing a patient, you may be liable for injuries sustained during their treatment. Malpractice can be alleged months, or even years after treatment by a patient, parent/guardian, or an estate depending upon the applicable statute of limitations. Keeping an occurrence-based individual professional liability insurance policy current and active throughout the course of your career can help assure that you have coverage in the event of a lawsuit (subject to the terms, conditions and exclusions of the policy).  Under an occurrence policy, coverage is available for a claim that occurred during the policy period regardless of when the claim was reported.

Malpractice can be alleged months, or even years after treatment by an injured party (your patient), parent/guardian or an estate depending upon the applicable statute of limitations. Keeping an occurrence-based individual professional liability insurance policy current and active throughout the course of your career can help assure that you have coverage in the event of a lawsuit (subject to the terms, conditions and exclusions of the policy).  Under an occurrence policy, coverage is available for a claim that occurred during the policy period regardless of when the claim was reported.

Having individual malpractice insurance does not make you a more likely target for a lawsuit. In fact, if/when a malpractice lawsuit occurs, many plaintiffs will name everyone involved in the patient’s care.  Therefore, having your own coverage has no bearing on whether or not you’re named in a suit. The opposing counsel may not even know you have your own policy at the time of filing a lawsuit.

It is not true that having your own professional liability insurance coverage does not make you a more likely target. If/when a malpractice lawsuit occurs, many plaintiffs will name everyone involved in the patient’s care—having your own coverage has no bearing on whether or not you’re named in a suit. In fact, because professional liability insurance disclosure is typically not required until the discovery phase of the lawsuit, the opposing counsel may not even know you have your own policy at the time of filing. (Source: https://www.hpso.com/Customer-Service/FAQs)