What is Prior Acts Coverage and How Much Will it Cost?

Malpractice Insights

English - March 22, 2023 12:00 - 12 minutes - 8.65 MB - ★★★★★ - 34 ratings
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When a doctor is considering making a change to his or her malpractice coverage, the issue of tail nearly always comes up. Unless you are insured on an Occurrence policy form, tail insurance is something you’ll need to consider as you modify your coverage year by year.

But, let’s say your current malpractice insurance just isn’t meeting your needs anymore and you want to shop around… Or, perhaps you’re leaving an employment arrangement or moving on from another job. What are your options going forward?

Well, today we’re going to talk about PRIOR ACTS coverage, which makes it easy and affordable for you to move to a new carrier without having to buy tail insurance. Let’s start the discussion.

RELATED EPISODE: Claims-Made vs. Occurrence Coverage: What's the Difference? https://youtu.be/ziBmE9oUh2M

1:36 What is prior acts coverage?
2:59 Understanding claims-made coverage
6:04 How to know how much prior acts coverage will cost
7:30 Examples
11:38 Let Aegis help!

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/

Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/about/

YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

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