Becoming a nurse is an effective option for anyone who wants an exciting career in a growing industry. Doing so, though, requires a significant amount of time, money, and effort. After graduating from nursing school, many nurses choose to purchase HPSO liability insurance to protect their assets from costly medical malpractice lawsuits.
Nurses Get Sued
Doctors aren’t the only medical professionals who must defend against medical malpractice suits. In modern healthcare, nurses complete a variety of medical procedures. They also administer medication. While they have the education and training necessary to do their jobs correctly, nurses still make mistakes. Even if nurses do everything correctly, aggressive lawyers may still find a basis for an expensive lawsuit. As such, to protect their personal wealth, RNs, LPNs, and nurse practitioners often decide to purchase HPSO liability insurance.
Employer Coverage Might Not Be Sufficient
Many nurses rely on their employers’ medical malpractice coverage to protect them from civil liability. Depending on the policy limits and restrictions, however, hospital or physician’s office coverage might be insufficient. Savvy nurses often decide to purchase their own coverage to bridge the insurance gaps in their employers’ plans. By both understanding coverage and working with a skilled insurance professional, nurses choose the right coverage to best protect their personal assets.