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| R.G.G., MD - Family
Practice |
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Many people have questions about insurance and their coverage.
On this page we will answer some common questions and also
provide news update. |
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Here are examples of some common
insurance questions. We will update this page
frequently, so be sure to check back!
Q: Are all
policies alike?
A: No, there are a number of
different policies and it is important to choose the one
that is right for
you.
Q: What is your effective
date?
A: The effective date is the
first day you want the policy to begin or the last day
of your current policy.
Q: What is the expiration
date?
A: Policies are usually
issued for a one-year period. In some instances,
policies may be issued for a short term; however,
consult with your agent for the best strategy to suit
your needs.
Q: What is your retroactive
date?
A: Retro date is the first
date on which you began providing services and have
maintained continuous medical professional liability
insurance coverage. It is important to verify your retro
date to confirm there is no lapse in
coverage.
Q: Do I need retroactive
coverage?
A: Yes. Without retroactive
coverage, any procedures performed prior to the
effective date will not be covered.
Q: What is the medical
malpractice statute of limitations?
A: The statute of limitations
refers to the period from the time an injury is
discovered to the final date on which a medical
malpractice suite can be filed. There are instances,
however, in which an injury is not discovered for months
or years after it occurs. In these cases, under medical
malpractice law, the statute of limitations is applied
when the injury is discovered or when the injury should
have been discovered. The statute of limitations will
vary among claims and each state's medical malpractice
law - the limit may range from six months to four years.
In addition, some state's medical malpractice statute of
limitations for a medical malpractice suit may be
delayed for an injured child until the child reaches
specific age.
Q: What does claims-made
mean?
A: Claims-made coverage means
coverage exists for claims resulting from injury
occuring after the retroactive date, provided the claim
is reported to the carrier while the policy is in
force.
Q: What does occurrence
coverage mean?
A: Occurrence coverage means
liability coverage for injury or loss that occurs during
the policy period, regardless of when is reported to the
carrier while the policy is in force.
Q: What does non-assessable
mean?
A: Insurance coverage in
which the policy holder can not be required to
contribute money above the policy premium in the event
the insurer becomes unable to pay its losses.
Q: What is your specialty?
A: Specialty is the area of
medicine in which you have received training and for
which you will be providing services.
Q: What is part-time
coverage?
A: With most carriers,
part-time coverage is defined as 1,040 hours annually
providing services or 20 hours or less per
week.
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For more information or a
free quote please call: (866)
551-9805
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Policy. Copyright 2008 Advanced
ProfessionalServices, LLC ©. All Rights Reserved. 240
Lock Road • Deerfield Beach, FL 33442 • phone: (866) 551-9805
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