Separate Practice Coverage
A plaintiff will name both the medical professional AND his medical practice – or corporate entity – as defendants in a suit, so the corporation needs to be covered.
For this reason, many medical providers choose to carry a separate policy for their practice entity in addition to their personal policies. Under this structure two policies respond when both the doctor and his practice are named in a suit. Each policy has separate limits and separate premiums.
If your practice consists of medical professionals who are covered under both Occurrence and Claims-made policies with the JUA, the practice must be insured under an Occurrence policy.