*Need help applying? Your “Aggregate” limit is the total amount the insurance company will pay for multiple claims over the course of one policy term (which is often one year). We do not require that you increase your coverage to professional status until your policy's next renewal. How quickly can I get my coverage documents? What is Professional Liability Insurance? Lawyers have no way of knowing who does or does not have liability insurance, as there are no public registries of private insurance contracts. This affects when you are able to report a claim on your policy. You can e-mail us or call us at 1-800-982-9491 and we'll be happy to initiate this change! for claims-made coverage. Your registered nurse policy will not provide adequate protection for your clinical work, which may include duties outside the scope of your RN license. Professional liability coverage can protect a law firm or other service company against liability and help defray the cost of defense following a claim for an error, omission, or negligence in the performance of … Student … Also, you may be eligible to receive our first year graduate discount - that's a 60% savings off of our professional rate!, © document.write((new Date).getFullYear()) Affinity Insurance Services ™. In a world of uncertainty, there's one less thing to worry about. Occurrence: An occurrence policy covers you indefinitely for incidents that occur within the policy period, meaning you are covered for the time period during which you had the policy even if it is no longer active. NSO will not cover you as an NP student with your bedside nursing malpractice insurance. Adapted from Moreau D., ed: Nurse Practitioner’s Legal Reference. Malpractice insurance for student nurses starts at only $35 a year. Nurse practitioner malpractice insurance allows nursing students to focus on their education without worrying about fear of a potential lawsuit. What are "Per Occurrence" & "Aggregate" liability limits? Professional Liability Insurance for Nurse Practitioners CM&F specializes in nurse practitioner malpractice insurance, providing the market’s most superior liability insurance protection. Rest easy that you’re backed by the market’s best liability insurance for nurses studying to become a nurse practitioner. If you have your nursing coverage through NSO, it is very easy to make the change to a Nurse Practitioner student. Professional Liability Insurance provides protection against covered claims arising from real or alleged errors or omissions, including negligence, in the course of your professional duties. The Nurse Practitioner: 2005 - Volume 30 - Issue - p 21 NSO malpractice insurance is tailored to the increased risk of your professional responsibilities, yet priced … Nursing student malpractice policies typically start at $14 a year. Springhouse Corporation; Springhouse, PA. 2001: 161. Let Nurses Service Organization take care of you while you take care of your patients. For instance, if you let your policy expire, and then six months later a former patient brings a lawsuit against you for an incident which occurred during the policy period, a claims made policy would no longer cover that claim (unless you purchased an Extended Reporting Endorsement, or “Tail Coverage“). Our mission is to Empower, Unite, and Advance every nurse, student, and educator. Has 27 years experience. Malpractice policies for nurse practitioners typically start at around $779 per year. In these cases, the hospital is going to make you pay for more of the insurance … Apply online for A++ Nursing Student Malpractice Insurance for $25 per year from CPH & Associates, a leading provider of Professional Liability Insurance. One quick look at the latest nursing medical malpractice statistics verifies the critical importance of working with a malpractice insurance agency near Palm Beach to obtain comprehensive healthcare liability insurance . Compare … In the event of a lawsuit, the injured patient’s lawyer will typically name everyone that was involved in the patients care. How much does medical malpractice insurance cost? Get nursing student malpractice insurance that works for you. For Healthcare workers, this is commonly referred to as, “Medical Malpractice Insurance” or simply, “Med Mal.” It can also be known as an “Errors and Omissions” policy. allnurses.com… Below are the turn around times for each method: If you have the ability to pay with a VISA or MasterCard, we recommend applying for coverage online. Exclusive member rates on professional liability, health insurance … Our liability policy will provide coverage immediately upon notice. You will be automatically covered after graduation, as a professional until your renewal -- at no additional charge! That said, the best way to get an idea of what your policy would cost is by getting a quote. Of course, rates will vary based on your location and the coverage amounts you select. You can either apply online or download your application and mail or fax it to our offices. Yes, we offer a student discount that varies by state and profession. Why do I need student nurse practitioner insurance when I am not a nurse practitioner yet? Medical malpractice insurance is often carried by physicians, nurses, physical therapists and other medical professionals. Search our Help Center to find an answer to your question. Do I need Occurrence or Claims Made coverage? At CM&F, we firmly believe that if you treat clients respectfully, then the rest will fall into place. AANP helps you save on practice tools, insurance, office supplies, travel and more. That is the protection you need. ABSOLUTELY NOT. After graduation you can take advantage of another benefit of our policy. 4. That said, the actual cost of your policy will depend on a number of factors, including — but not limited to — your years of … However, like so many companies these days, we don’t think technology solves everything. Don't let a mistake jeopardize the future of your business. ... Professional Liability Insurance. Thousands of professionals have trusted us with their career, and it’s easy to see why. Most of our products are available online along with being fully automated, allowing our clients to purchase coverage in minutes with access to all their information online because we don’t believe in making people wait. Nurse Practitioner $210. Additionally, if you have completed training within the previous 12 months, you are entitled to a 60% discount, depending on your profession, as a first-year graduate. Most of the insurance plans provided by different employers might not be adequate or capable of protecting different nurse practitioners … Since 1997, allnurses is trusted by nurses around the globe. NSO malpractice insurance for Nurse Practitioners. Our student policy is designed to protect you for your professional liability while doing clinical work as part of your school curriculum. Malpractice Insurance for Nursing Professionals - Peace of mind for as low as $106 a year! 2. Will your policy protect me while I'm still in school? The cost of medical malpractice insurance can vary significantly based on medical specialty, where you are located and the amount of insurance coverage needed. Find out your rate through our online quick quote. 5. You can always fax your paper application to. A $75 discount on American Academy of Nurse Practitioners Certification Board applications. CM&F Group is proud to help aspiring registered nurses transition to advanced practice nurses with reliable a student nursing insurance policy. We believe in investing in technology without sacrificing service. Sometimes referred to as Med Mal or medical liability insurance, this policy can … allnurses is a Nursing Career, Support, and News Site. To ensure that nurses are properly protected both in their everyday job and in clinical, CM&F provides nursing insurance to nurses at all points in the transition of their career. At NSO, we offer a simple, … 1. Advancing your nursing degree is a daunting task no matter the specialty. Most nurses … The process takes a minute or two, and — if you … For that reason, CM&F has made it a priority to offer simple, affordable, nurse professional malpractice insurance for registered nurses transitioning to advanced practice nurses. CM&F provides medical liability insurance for over 200 different healthcare professions, as well as healthcare groups and clinics. Get the protection you need right away with professional liability insurance. Yes, if your state allows you to work under a temporary license, you can apply for coverage and have professional liability protection for work right away! Our members represent more than 60 professional nursing specialties. For example, a brain surgeon has a higher risk of a malpractice suit than a nurse that draws blood and the cost of insurance … traumaRUs, MSN, APRN, CNS Specializes in Nephrology, Cardiology, ER, ICU. Our student policy is designed to protect you for your professional liability while doing clinical work as part of your school curriculum. For our clients: All the products we offer for Allied Health specialties include Occurrence Coverage, and so you never have to worry about a Tail! Nurse malpractice insurance is surprisingly affordable. Student Nurse Practitioners are recommended to maintain a … Liability insurance for advanced practice nurses protects them from costly malpractice fees or claims that could put their future in jeopardy. What happens after I graduate? This section will help you find out if you are eligible for coverage through HPSO and if you can receive a student discount so you can save even more on your premium. You're covered 24/7! Please enable scripts and reload this page. Am I eligible for coverage? As a student, you probably have a lot of questions about professional liability insurance. As a Nurse Practitioner, you have increased risk. Liability Insurance for Nurse Practitioners Nurse practitioners are tasked to do more and more, purchasing your own professional liability insurance policy (malpractice insurance) is a smart decision… Get a quote for portable, comprehensive malpractice insurance for nursing students through CM&F today! Still need help? Healthcare Liability Insurance for Nurse Practitioners Why Nurse Practitioners Are Choosing MedPro Group MedPro Group, the leader in professional liability coverage, has teamed up with CM&F to offer … Liability insurance for advanced practice nurses protects … Because Nurse Practitioners (NPs) practice across such a wide variety of settings and specialties, and because states … Yes, HPSO offers coverage for student healthcare providers. In some states, a $1 million/$6 million policy costs less than $100 per year. I am a registered nurse studying to become a nurse practitioner. That's not much, considering you're protecting your financial future and all your hard work in nursing school. This coverage is in addition to coverage provided by your … ... for claims-made coverage. 3. Membership can pay for itself! A personal Professional Liability Insurance policy gives you coverage that protects you if you are named in a malpractice claim. The author indicates that malpractice insurance is critical since it protects individuals in need of services and healthcare providers. Does having personal liability insurance make me more of a target for lawsuit? Does HPSO offer coverage to student healthcare providers? Advanced Practice Nurse LIABILITY INSURANCE BENEFITS, CM&F only partners with insurance carriers who carry the highest, Psychology, Counseling & Behavioral Health, Coverage options up to $1 Million Per Claim, Defense Costs in Addition to Liability Limits, If you apply for coverage online via our CM&F Online Web Applications*, you can pay for and receive proof of coverage in. The Nurses Service Organization offers malpractice insurance just for nurses. What do Nurse Practitioners need to know about medical malpractice insurance? Student Professional Liability Insurance As a student, you are learning the skills you’ll need to become a professional in your field. That is why we have a fully staffed call center as well as options for chat in addition to email support. Protect your future career and your present-day finances by investing in affordable student malpractice insurance through proliability. American Association for Nurse Practitioners. Depending on your practice and how many certifications you have, you may want to purchase extra coverage even if it adds to your premium amount. Or get in touch: “Occurrence” or “Claims Made” refers to the type of coverage you’d be purchasing. An individual malpractice insurance policy provides peace of mind and protects against the financial ruin that can result from being sued. It’s been in operation for over 40 years and is the nation’s largest provider of nursing malpractice insurance, … Claims Made: You are only able to report a claim on a claims made policy while the policy is active. For a complete listing of all healthcare providers currently eligible for insurance under our program, coverage information and rates, please click here. See How Do I Apply For Coverage for instructions on accessing our Online Applications. Printing and Mailing a PDF application can delay the receipt of your coverage documents by a few weeks due to mailing time. In the end, peace of mind is priceless. Family owned since 1919, CM&F believes in great products, with better technology for the best service. Student Professional Liability Insurance FAQs, Laurel Road Nurse Student Loan Refinancing, Professional Liability and Commercial Insurance. You may be trying to access this site from a secured browser on the server. If you can’t complete the online application but need your documents right away, you can always fax your application to the number above and include a note directly on the application requesting that we mail or fax your documents as soon as we process. For nurses who plan to work for a medical staffing agency, reviewing the locum tenens insurance … MYTH: You don’t need your own insurance because your employer’s policy covers you. Keep in mind that one of the benefits of our Nurse Practitioner and NP student coverage is that you can be covered for your RN duties at no additional cost. For the nurse practitioners who have been in malpractice cases before, you may be someone that is considered to be a liability to the hospital but still worth keeping as staff. CM&F provides medical liability insurance for over 90 different healthcare professions, as well as businesses and clinics. Nurse practitioner malpractice insurance allows nursing students to focus on their education without worrying about fear of a potential lawsuit. Don’t leave your career exposed. Students must carry professional liability insurance with the minimum coverage of 1 million/3 million while engaged in the practicum experience. It is essentially the same as a claims made policy with a built-in Tail. And while you may be in school, you are still susceptible to the risks of a … I've recently graduated from school and have not yet obtained my license. After graduation you can take advantage of another benefit of our policy. Your “Per Occurrence,” or “Per Claim,” limit refers to the total amount the insurance company will pay per incident during the policy term. Are there any discounts available to students? The process usually takes less than 10 minutes to complete and once you submit your application, you are emailed your coverage documents in minutes–No Delay, No Headache. Securing protection for your family is the first step. If your school is not providing coverage for you while you're completing your clinical rotation, you should purchase a student nurse practitioner policy.