THE 8 PAINFUL MISTAKES

MOST PRACTICES MAKE WHEN BUYING MALPRACTICE INSURANCE!

(Anyone of these could cost you a bundle)

Most gaps in coverage are not caused by the insurance policy. They are caused by complacency and lack of attention. MBS recommends an annual review meeting with your agent, to ensure that you are properly protected. In fact, for our clients, we guarantee it!

 
 
 
 
 
   
   

In our annual review we discuss the following areas where most clients have potential problems:

Do you have a P.A. or a P.C. , or partnership? Is it named on your policy?

(the most common and serious mistake all practices make)

Do you have an ownership in any other medical entity? Is it listed on your policy? 

Do you qualify for or have you been receiving any of these discounts?

Staff privilege

HMO participation

Claims free

Risk management

Board Certified

50% Part-time

Have you signed any contracts which obligate you to "hold harmless" another entity?  

Is your staff covered? Have you collected proof of coverage? Are they covered by your policy?  

Assignment of unearned premium forms? Do you pay for your associates coverage's and will you be entitled to any refund due? 

Locum tenens coverage's: Does another physician cover for you when you're on vacation? Do you collect proof of coverage?

Do you send certificates of insurance from your office? If so, they are not valid. They must be issued by your agent and they must specifically name the certificate holder.  

 

Call us at 1-800-347-3417 for more information about the Physicians Circle of Safety Program, Jam-Packed with Money making and Money Saving Ideas and Services

 

215 Myrtle Avenue · Boonton · NJ  07005 

800-347-3417

 

     

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