What is physicians' group liability insurance (I regard as I know and I hope I'm wrong...)...!!?
please ask me what i mean.....thanks surrounded by advance!
Answers:
It is insurance that physicians have within case they are sued and end up owing money. With so oodles lawsuits these days, virtually all physicians and doctors pinch out insurance.
Liability insurance means insurance for something that was your mistake, so this would be insurance for the doctors if the doctors were at fault. Just resembling auto insurance for if you are involved in an accident that be your fault, then you are liable, and your liability insurance would see in.
-----update-----
I think group only means the insurance covers a group of doctors. Probably a way of keeping costs down. Employers do this beside insurance. If you get life or disability insurance through work, it is probably group go insurance. If an insurance company has to cover one person, they will charge more for that one individual than if they know they are getting business from a whole group of people. Its close to the doctors getting together to buy in bulk, and get a group discount
Related Questions:
Answers:
It is insurance that physicians have within case they are sued and end up owing money. With so oodles lawsuits these days, virtually all physicians and doctors pinch out insurance.
Liability insurance means insurance for something that was your mistake, so this would be insurance for the doctors if the doctors were at fault. Just resembling auto insurance for if you are involved in an accident that be your fault, then you are liable, and your liability insurance would see in.
-----update-----
I think group only means the insurance covers a group of doctors. Probably a way of keeping costs down. Employers do this beside insurance. If you get life or disability insurance through work, it is probably group go insurance. If an insurance company has to cover one person, they will charge more for that one individual than if they know they are getting business from a whole group of people. Its close to the doctors getting together to buy in bulk, and get a group discount
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