Whether you’re just starting medical school, interning at a medical facility, or an aspiring resident doctor, it’s vital to carry adequate medical malpractice insurance. Medical schools can also purchase malpractice insurance to cover their students.
Medical student malpractice insurance is a small investment to protect a medical student from costly lawsuits. In the course of working with patients, there is always the chance of a mistake. Medical malpractice insurance as well as any physician malpractice insurance will cover legal fees if a student is sued for medical malpractice while working in a medical facility. It will also cover a judgement in the case that the student is discovered to be at fault.
A student should check with a school before enrolling to see if they require malpractice insurance.
In most cases, insurance is mandatory for international students. Regardless if it is required or not, it’s a good idea to carry this liability insurance anyways in case of the unexpected.
Even if a school carries medical student malpractice insurance, it is possible that a patient can sue an individual and go after his/her personal assets. This is why purchasing a separate policy is highly recommended.
There are several considerations taken into account when offering a policy to a student including where the student is studying medicine, the area of study, and limit of liability. Every insurance provider has their own set of variables that they look at. When you contact us, we will provide you with a free quote quote based on your situation.
At Nexus Insurance Services we understand that students like you have many costs associated with attending medical school. Searching for an insurance provider that will cover students can also be time-consuming. Because of our relationships with a variety of carriers, you can count on us to help you get affordable rates.
Visit our professional liability insurance blog to find more about professional malpractice insurance and liability insurance.
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