Malpractice Coverage Options for Dentists
Our Professional Solutions family of companies has been working for and with dentists and healthcare professionals since 1946. When you choose Professional Solutions, you're backed by a claims philosophy centered on protecting our policyholders. Dentists who choose our malpractice coverage have an entire team dedicated to working on their behalf. From claims representatives to local attorneys, our team of knowledgeable individuals are dedicated to protecting you and your reputation.
Occurrence and Claims-Made
While there is no difference in the kind of injury or damages covered under these two plans, they differ in how and when coverage applies.
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. Potential coverage gaps may exist with a Claims-Made policy, so you may need to purchase Extended Reporting Coverage (Tail Coverage). Occurrence provides coverage for the policy year, regardless of when the claim is reported.
Cyber Liability
Starting at a $50,000 aggregate limit for nine areas of coverage, our endorsement 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. (Cyber liability is not available in all states.)
Extended Reporting Coverage (Tail Coverage)
An optional endorsement allows you to report claims for alleged injuries that occur while your claims-made policy was in force but after it has ended. It is available for purchase, and is provided at no additional charge in the event of death or total and permanent disability. Additionally, if you have been insured with Professional Solutions for at least 5 consecutive years with no gaps and retire at age 55 or older, there is no charge for this coverage.
Professional Entity Coverage
This option offers coverage for your corporation or professional entity. We offer the option of sharing the limits of your personal malpractice insurance policy with your entity or purchasing separate limits for an additional premium.
Government Proceedings Defense Costs
The Professional Solutions Policy covers your defense up to $25,000 for state dental licensing proceedings and Quality Improvement Organization Sanction proceedings.
Consent to Settle
Your voice matters. No case is ever settled without your written consent. There are no policy conditions penalizing you if you choose not to consent to settle.
Dental Policy Limits and Discounts
Policy discounts are available for remaining claims-free, working part-time hours and for new graduates. We offer a wide range of policy limits.