Business protection should be one of the first priorities for all businesses and clinics. Especially in the healthcare industry, where products and services are not only heavily regulated but also directly related to the health and well-being of patients, even the smallest errors and mishaps could serious injury, illness or death resulting in expensive lawsuits and liability claims from patients and/or their families.
That’s why it’s important to always have comprehensive diabetologist office insurance in place. An unexpected event or a patient injury could easily result in significant financial loss for you and/or your clinic. In some cases, a lawsuit can even cause your clinic to go out of business or need to file for bankruptcy.
Whether you have your own clinic or work out of a hospital or doctor’s office, having diabetologist office insurance is essential. At ALIGNED, we partner with many of Canada’s leading insurance companies to provide comprehensive diabetologist insurance. You can choose between many types of coverages and coverage limits according to the unique needs and concerns of your business.
Why Is Diabetologist Office Insurance Important?
Any time you diagnose and treat patients, there are always risks with the professional expertise you prescribe. Everyone reacts differently to medical conditions and medications, so when things go wrong, it could cause serious repercussions and damage.
Here are some scenarios where diabetologist office insurance can protect your business:
- You wrongly diagnose a patient with a medical condition and they sue you and the clinic.
- You provide the wrong treatment or medication to a patient.
- A client’s health declines or doesn’t improve while they are under your care.
- Someone slips and injures themselves on your premises.
- A flood or fire damages your equipment, furniture, building or contents
- A hacker gains access to confidential patient records.
What Does Diabetologist Office Insurance Include?
Commercial General Liability Insurance – Also known as CGL insurance, commercial general liability insurance covers bodily injury and property damage clients suffer from operating your business. This typically also includes a product liability insurance coverage.
Professional Liability Insurance – If mistakes from your professional services cause clients to not get the results expected and/or makes their condition worse, there could be lawsuits. Professional liability insurance covers situations where your mistakes from the services and advise you offer cause losses.
Commercial Property Insurance – There are risks of damage to your commercial property and equipment. If a fire or theft results in losses and damages to your assets, commercial property insurance can provide compensation for repairs and replacements.
Cyber Liability Insurance – This is important if you provide services online or rely on online platforms to interact with clients in any way. It can cover claims for ransomware/crypto locks responses and ransoms, liability from the release of patient data etc.
Find The Right Diabetologist Office Insurance From ALIGNED
ALIGNED works with Canada’s top insurance companies to provide custom insurance packages at affordable prices. Click Here To Get A Quote or contact one of our business insurance experts for information or with any questions you may have.