Continuous Protection with Tail Coverage

Navigating career transitions in the medical field requires careful consideration of liability protection. Stand-Alone Tail insurance is there to support medical professionals changing jobs or insurance policies, providing a safety net that covers potential malpractice claims arising from past medical services after previous policies have lapsed.

Understanding the Need for Continuous Coverage
Tail insurance can be indispensable when physicians end their employment, as their insurance coverage with that employer also concludes. Medical liability policies are typically “claims-made” and only cover claims filed during the active policy period. If a claim is made after a physician has moved on and their insurance has ended, without tail coverage, they risk exposure to significant legal claims. This gap can be particularly risky since claims can emerge years after the provided service.

Bridging the Transition with Tail Insurance
As a hypothetical, consider Dr. Samantha Thompson, who decides to transition from one medical facility to another. Her previous employer provided malpractice insurance that concluded on her last working day. Two years later, a patient from her previous practice files a claim for a procedure performed several months before her departure. With Stand-Alone Tail coverage, Dr. Thompson could be protected, preserving her financial stability and professional reputation.