Professional malpractice insurance for nurses provides financial protection against lawsuits and is recommended by industry experts. It can be purchased from private brokers or nursing organizations and is often required for nursing students. Even specialist nurses should have some level of coverage.
Professional malpractice insurance for nurses offers financial protection against lawsuits naming a nurse as a defendant. While most are familiar with doctors who offer malpractice insurance, this is equally important for nurses who are also closely responsible for caring for a patient. In most parts of the world, professional malpractice insurance for nurses is offered to licensed nurses, and in many places it is also offered to students enrolled in nursing degrees. In fact, some nursing programs require students to carry nursing malpractice insurance before being admitted to training.
Without nurse malpractice insurance, individual nurses may be liable to pay attorneys’ fees and court settlements, if applicable. Even in the event of a fraudulent or unsubstantiated lawsuit, a nurse is required to file a legal response to the demands of a lawsuit, which results in attorney fees and filing costs, whether or not the case against her or him ultimately comes. rejected. When a nurse is personally named in a malpractice claim, the associated attorney fees, filing fees, and other court costs are likely to be personally burdensome, which is why industry experts recommend malpractice insurance for nurses.
Also known as professional indemnity insurance, professional malpractice insurance for nurses can be purchased from a private insurance broker or professional nursing affiliation organization. The amount of nursing malpractice insurance you need is often a personal choice and is decided between the nurse and an insurance broker. Experts, however, generally recommend a minimum coverage amount of $1 million US dollars (USD).
Some have argued that specialist nurses, such as certified nurse anesthetists, who are usually supervised by a licensed physician, may not require the same malpractice insurance as nurses since the burden of liability in malpractice claims rests primarily on the supervising physician. . Whether or not this argument is accurate, most experts agree that such nurses should still have some level of nursing malpractice insurance. Insurance rates for skilled nurses like these can sometimes be lower than others because the level of liability is also considered to be lower.
Licensed professionals aren’t the only ones encouraged to carry malpractice insurance for nurses. Nursing students can also purchase liability insurance, and many nursing schools require students to do so. This is largely because nurses in clinical training experience real-world contact with patients and, therefore, may bear some responsibility if patient care goes awry.
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