Malpractice Coverage Options for Dentists
Since 1946, our Professional Solutions family of companies has been dedicated to supporting healthcare professionals with specialized insurance. When you choose Professional Solutions for your dental malpractice insurance, you’re backed by a team and claims philosophy that prioritizes protecting you and your reputation. From experienced claims representatives to local attorneys, our approach ensures you have knowledgeable, unwavering support on your side when it matters most.
Occurrence and Claims-Made
Understanding the difference between occurrence and claims-made policies can help you choose the dental liability insurance that best fits your practice. While there is no difference in the kind of injury or damages covered under these two plans, they differ in how and when coverage responds.
Claims-made policies provide coverage against claims for alleged incidents that both occur and are reported on or after the retroactive date and before the policy terminates. However, gaps can occur if a claim is filed after the policy ends, making tail coverage an important consideration.
Occurrence policies, on the other hand, cover incidents that happen during the policy period, regardless of when the claim is reported, offering added peace of mind.
Cyber Liability
Cyber threats are an increasing concern for dental practices, making cyber liability insurance an essential component of modern coverage. This endorsement features a $50,000 aggregate limit for nine areas of coverage, which includes multimedia, network security and privacy, privacy regulatory defense and penalties, privacy breach/patient notification and credit monitoring expenses, network asset protection, cyber extortion, cyber terrorism, brand guard and PCI DSS assessment. Protecting sensitive patient data and mitigating financial risks helps ensure your practice’s reputation stays intact. (Cyber liability may not be available in all states—contact us to confirm coverage availability.)
Extended Reporting Coverage (Tail Coverage)
Tail coverage is a critical component of claims-made dental malpractice insurance. This optional endorsement allows you to report claims for alleged injuries occurring while your claims-made policy was active, even after it has ended. Tail coverage ensures your practice remains protected from potential financial and legal repercussions associated with claims filed after the standard policy period.
Professional Entity Coverage
Protecting your corporation or professional entity is just as important as protecting yourself. Our professional entity coverage allows you to share limits with your personal malpractice insurance policy or purchase separate limits for an additional premium. This option is a good choice for anyone with a legal entity, especially dental practices looking to secure dental professional liability insurance for their entire organization.
Government Proceedings Defense Costs
Dental professionals can face legal challenges beyond patient claims, such as licensing board investigations or Quality Improvement Organization Sanction proceedings. Our policy includes up to $25,000 in defense costs for these situations, helping safeguard your license and professional standing.
Consent to Settle
Your input matters in every decision involving your practice. With our consent-to-settle clause, no case is settled without your written agreement. This policy feature ensures your voice is respected, and no penalties are imposed if you choose not to settle. This commitment reinforces our philosophy of protecting both your practice and your autonomy.
Dental Policy Limits and Discounts
Professional Solutions offers flexible policy limits ranging from $100,000/$300,000 to $2,000,000/$4,000,000, catering to practices of all sizes. Discounts are available for claims-free histories, part-time hours, and new graduates, making dental malpractice insurance costs more manageable.