Q: What is professional liability insurance?
A: Sometimes referred to as errors and omissions insurance, professional liability insurance provides protection for the expense of defending oneself against allegations of negligence in the provision of or the failure to provide professional services
Q: What does professional liability insurance cover?
A: Whether factual or false, HPLP professional liability insurance will pay on your behalf defense costs, settlements or judgments arising from claims made against you for negligence, errors, omissions, breach of duty, misleading statements, performance or non-performance in the delivery of professional services
Q: What is general liability insurance?
A: This coverage provides protection for the expenses and potential settlement costs resulting from bodily injuries, personal injuries or property damage suffered by third parties. This form of insurance is especially important for consulting Health Physicists when working at their client’s location
Q: What does general liability insurance cover?
A: This insurance covers your interests in the case of accidents that result in injuries to others or damage to or loss of their property and for your actions that result in claims of libel or slander
Q: What is the HPLP?
A: HPLP offers Health Physicists a uniquely paired set of very important types of protection; professional liability insurance and general liability insurance. For Health Physicists without current coverage, HPLP’s low cost provides you the opportunity to adequately protect yourself without breaking the bank. For those who do have coverage, HPLP will likely bring premium relief and the option to replace your current policies without losing your coverage for prior acts
Q: What do HPLP’s products cover?
A: When purchased together, Health Physicists enjoy the benefit of seamless protection from the expenses related to actions brought against them as a result of damages caused by alleged professional errors or omissions, bodily injuries, personal injuries or property damage caused in the course and conduct of business
Q: I am an employee. Do I need both forms of coverage?
A: No. Your employer’s general liability insurance provides protection for third party bodily injuries, personal injuries and property damage.
Q: I am an independent contractor. Do I need both forms of coverage?
A: Possibly. If you practice as an independent contractor, the answer lies in the relationship between you and the employer(s) for which you provide services.
Q: I am a consultant or a consulting company. Do I need both forms of coverage?
A: Yes. If you or your firm works on contract, your business agreements most likely require general liability insurance to protect the interests of your client. Even without written agreements, purchasing general liability insurance makes good business sense.
Q: Doesn’t my employer cover me for professional liability?
A: Only after knowing details would we be able to say. We can say that irrespective of what protection you may have via your employer, you could be named as a co-defendant in a lawsuit where you and your employer have opposing or differing opinions of the circumstances that lead to a conflict of interest. Without personal coverage, you may find yourself responsible for funding your own defense and any settlements that result.
Q: What makes HPLP’s liability coverage so special?
A: For many Health Physicists, it is the unique combination of professional liability and general liability protection. All Health Physicists benefit from the low cost, ease of purchase, extremely broad range of coverage and highly favorable policy features (see the details on the COVERAGE/LIMITS/DISCOUNTS page)
Q: How do I obtain more information?
A: Contact our staff to learn more about HPLP and the protection it affords. Go to the Contact Us tab or click here. Or, if you are ready to apply for underwriting approval, go to our APPLICATIONS tab or click here.
* Nuclear Risk Specialists provides the foregoing for informational purposes only. Statements describing HPLP program coverage are subordinate to actual policy language, terms, conditions and exclusions, and do not in any way extend coverage, constitute a contract of insurance or a conveyance of insurance coverage