The Hidden Cost of “Tail” Insurance

Thomas B. Fleeter, MD

Medical liability insurance policies come in two forms—claims-made and occurrence coverage. Understanding the difference between them is critical to ensuring that you have adequate protection in the event of a medical liability lawsuit.

A claims-made insurance policy covers costs related to a lawsuit, provided that both the incident and the filing of the claim occur while you are insured under the policy. An occurrence policy covers any incidents that occurred while you were insured by the policy, regardless of when the claim is filed and even if that insurer no longer covers you.

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