Students in professional training should consider purchasing student professional malpractice insurance, which can protect them, their schools, and employers in case of wrongdoing allegations. Schools and supervisors may require proof of insurance before allowing students to begin work. Other trades may also offer liability insurance through membership associations.
Students who provide professional services to the public as part of their education and training should seriously consider purchasing student professional malpractice insurance. Before purchasing insurance, it is a good idea for the student to consult with both his school and his place of work so that we can determine if student malpractice insurance is already provided. If so, he may still want to review the coverage offered and, in some circumstances, may want to look into getting additional coverage if he thinks your situation requires such protection.
Student malpractice insurance, a type of professional indemnity insurance, protects students, schools and employers in cases where an intern student is the subject of a wrongdoing allegation and a lawsuit by a client or his or her family. This type of insurance is often available to students preparing for a healthcare career, but may also be suitable for those who are undergoing training or apprenticeships in other professions and trades. Depending on the laws and practices in the area where the student is obtaining his or her education, student malpractice insurance may cover legal counsel costs, expenses related to attending or preparing for a trial, as well as any cash or settlement granted to an actor. If a student has a significant amount of personal wealth, she may want to inquire about getting a policy with a higher ceiling than her classmates get.
Reputable schools and supervisors will not allow a student to begin an internship, practicum, or other training without first obtaining sufficient malpractice insurance coverage. Medical schools, for example, can actually take out coverage for their students. This coverage is activated when students start working directly with patients. Schools that prepare students for careers in mental health can also take out this insurance, but they can also refer students to insurance provided by professional associations. These schools may then require proof of student malpractice insurance before students can begin work in various field placements.
Students or apprentices in other trades may want to consider getting liability insurance for themselves, even if it’s not required by a training program or, if they’re learning with a professional, their supervisor. They may want to talk to an insurance agent or attorney about their options, or they may want to inquire about insurance provided by a membership association. Many trade groups offer student memberships which may include some form of liability insurance.
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