Do you know that as a medical student performing supervising functions, you may still be exposed to liability risks?
In most cases it depends upon the type of medical educational establishment: several colleges and universities offer some amount of liability insurance for medical students. If the university doesn’t provide coverage for the applicants, the latter have to obtain liability insurance from a medical liability insurance provider.
As a rule, medical colleges or universities provide their students with liability coverage. However, the insurance may be multi-layered, i.e. when it consists of liability insurance granted by the medical establishment and commercial insurance bought by medical students on their own.
If your educational establishment ensures you student medical coverage, there will be some restrictions and limitations for sure. Therefore, if you want your university to provide you with liability insurance, you will more likely have to participate in a delegated responsibility that is appropriate to his/her level of training and experience.
The negligence would have had to take place during a university-sponsored program in which medical student was participating. That is, this type of insurance won’t cover claims that are related to moonlighting.
In general, medical students are required to purchase liability insurance themselves from medical malpractice insurance broker. Some hospitals consider medical students responsible for carrying liability insurance, except the case when college or university holds liability coverage on behalf of the student. As a rule, standard student malpractice insurance covers a minimum of $1 million for each claim and accumulates up to $3 million for each occurrence.
Discounts and special offers may be available for medical students; but it largely depends upon the state and regional associations that they belong to. Students may get insurance policy at discounted rates through affiliated programs as well.
Feel free to ask for a free no obligation quote to know how much you can save on your medical student liability insurance.