Question 1

Will my policy help me defend myself against a Licensing Board complaint or hearing?

Accepted Answer

Yes, Psychiatrist policies with American Professional Agency, Inc. include defense reimbursement for legal fees associated with a board complaint, investigation or hearing as well as other Proceedings as defined under the policy. The included limit is $50,000 per Proceeding with no annual aggregate. (Higher limits up to $150,000 per Proceeding may be available).

Question 2

Do I need to insure my corporation if I am the sole practitioner?

Accepted Answer

Yes, you need to obtain coverage for your corporation because a claim can arise against your corporation. If the corporation is not expressly covered under the policy, you will not be covered for that claim.

Question 3

Does my policy cover telehealth?

Accepted Answer

Yes, your policy includes coverage for telebehavioral health services. Telehealth is treated the same as face-to-face services, as long as you abide by the state licensure guidelines based on your patient's location at the time of treatment and as long as you are utilizing a HIPAA-compliant platform to deliver the telehealth services.

Question 4

Are there specific coverage options for neurologists providing telemedicine services?

Accepted Answer

Yes, there are specific coverage options available for neurologists providing telemedicine services. These options ensure that your virtual consultations are protected just as thoroughly as in-person care, offering comprehensive coverage for your telemedicine practice.

Question 5

Does my policy cover legal defense costs in medical malpractice lawsuits?

Accepted Answer

Yes, your policy covers legal defense costs in medical malpractice lawsuits, providing you with the necessary financial support to handle litigation and protect your professional standing.

Question 6

Who provides the insurance coverage?

Accepted Answer

The coverage is provided by American Professional Agency, Inc., underwritten by Allied World Insurance Company, and its member companies.

Question 7

How soon may I obtain proof of coverage?

Accepted Answer

Proof of coverage may be issued on the same day your application is approved, and payment is received. Your certificate of insurance will be emailed to you (usually by the next business day after approval and payment). A Declarations page will be sent to you via USPS shortly thereafter.