Αποτελέσματα Αναζήτησης
You can learn about the various sections of Business Insurance packs here. New replacement value. When you take out a Business Insurance pack, you’ll be asked to nominate a sum insured, which is the amount your assets will be covered for. This amount can also be referred to as a limit of liability.
Coverage designed for psychologists. Includes applied, research, and industrial psychologists. Defense expenses coverage. Related to licensing board hearings and other proceedings. Limit of $5,000 per proceeding is included with NO annual aggregate; op-tional increase of defense expense limit is available up to $150,000.
Unlike its major competitor, the American Professional Agency psychologists insurance policy does not contain a “hammer clause” (i.e., the insurer’s liability is not capped at the value of a settlement offer to which the psychologist refuses to agree) and there is no surcharge for claims.
Professional liability insurance is designed to cover claims and legal actions that stem from alleged malpractice by a psychologist. The amount of professional liability insurance that you, as a practitioner, may need depends on a variety of factors, including your geographic area of practice, your specialty and the services you provide.
AP Psychology. Definition. Insurance coverage refers to the protection provided by an insurance policy that compensates for financial losses or damages incurred due to specified events or circumstances. Related terms. Risk assessment: The process of evaluating potential risks and determining the likelihood of certain events occurring.
Professional indemnity insurance cover is mandatory under the national registration scheme for all practising psychologists. This insurance is a complex area and there are several issues psychologists should consider when investigating professional indemnity insurance options.
18 Μαρ 2024 · Professional liability and malpractice insurance protect your business from lawsuits over work mistakes. Get quotes for therapy and counseling businesses online with Insureon.
