As the business of medical professionals requires their customers or patients to visit their business-center, it is therefore recommended to consider taking out public liability insurance for their protection. This insurance policy covers legal liability in the event of personal injury or damage to property of others during the course of business operations. This insurance policy is common for every business.
Many insurance companies offer medical professional business insurance packs that are tailored specifically for professional needs, covering risks such as business interruption, electronic equipment, burglary, machinery breakdown, office contents, fire/perils, employee theft, glass, income replacement, loss of documents and X-ray records etc.
In this specialized insurance coverage for professionals, the business owners policy pack consist of professional liability insurance for malpractice, workers compensation insurance and group health insurance for all the healthcare providers. Because these insurance policies are not available for a normal business insurance policy. These must be purchased separately as these policies do not come into a combined package.
If your business is in multiple locations, you need the following covers for your multiple business locations. These include:
- Business Property
- Machinery Breakdown
- Money
- Business Interruption
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