Tampa, FL (PRWEB) July 31, 2014
The Allied Protector Plan’s insurance program for nurses, underwritten by Fireman’s Fund Insurance Company, is the newest addition to its customized programs for business classes – a line of insurance products which mainly focuses on insuring entities in the healthcare industry, such as liability insurance for dentists, healthcare professionals, and medical facilities.
According to Allied Protector Plan, the need for this program exists because, while most nurses have some sort of malpractice insurance through the employer, it is most likely that nurses do not have sufficient coverage if a claim is filed against them. The malpractice insurance held through the employer may leave the individual vulnerable as it can be designed to protect the employer and not necessarily its staff, asserts the Allied Protector Plan.
The program features several coverages with limits up to $1,000,000 per claim with an aggregate limit of $6,000,000, featuring a Wage Loss and Expense limit of $1,000 per day, Deposition Expense limit of $15,000, Licensing Board Reimbursement limit of $30,000 and a HIPAA Reimbursement limit of $30,000. Damage to Property of Others, Medical Payments, First Aid Reimbursement, First Party Assault, Medicare/Medicaid Reimbursement are also among the coverages. According to Allied Protector Plan’s website, there are “coverage extensions for estate, legal representatives, spousal and domestic partners.”
About Allied Protector Plan(R)
The Allied Protector Plan(R) (APP)(R) offers professional and general liability insurance coverage for medical professionals. The APP specializes in customized professional liability and business insurance programs for the healthcare industry. APP also offer a Cyber Liability Insurance Program.
Insurance Coverage Territory for Allied Protector Plan(R) Nurses Program
California, Florida, Georgia, Illinois, Nevada, New Hampshire, New Jersey, Ohio, Pennsylvania and Texas.
The Allied Protector Plan is a division of B&B Protector Plans, Inc., specializing in Professional Liability Insurance, and is a wholly owned subsidiary of Brown & Brown, Inc.
About B&B Protector Plans Inc.
B&B Protector Plans Inc. is a wholly owned subsidiary of Brown & Brown, Inc. headquartered in Tampa, Florida, specializing in the development and administration of innovative national insurance programs for niche markets. B&B Protector Plans Inc. is represented by the finest insurance agents in the country who specialize in creating customized, comprehensive professional liability / malpractice and business insurance solutions. With access to multiple alternative insurance markets, from Admitted to E&S (Excess & Surplus), our programs partner with insurance carriers that are financially strong and show long-term commitment to the industry.