Types of
Offered Coverage
Find the right coverage solution for your circumstances.
Claims Made coverage applies to any claim that is filed within a specific policy period. This coverage can be applied to the period before the expiration date of a policy and for a patient you saw after your “retroactive date”. Any new claim made while you do not have a policy in place, will not be covered unless you purchase an extended reporting endorsement.
You only have coverage while the policy is in place.
Occurrence coverage is the gold standard. Regardless of the time of filed claim, this will cover you for all patients seen within the year of purchased policy. You’re covered for that specific policy period, indefinitely.
Tail Coverage provides protection for claims that are not filed until after the policy has expired or was cancelled.
Nose Coverage can be applied by a new insurer to cover a past incident while under the coverage of another insurer.
Prior Acts Coverage provides protection for claims filed before the policy was purchased.
