Please note that Markel Specialized may not supply professional liability coverages for all service types and coverage goes through policy constraints and exclusions. Speak with a Markel Specialized agent to discuss what protections would work best for you and your organization.
Last updated in February 2013 The phrase "professional liability" is normally understood to be a duty to your patients or others for your serve as a pharmacist. Professional liability insurance coverage is protection for a pharmacist that provides defense in case a claim is made against a pharmacist involving an actual or supposed error or omission while performing his/her tasks that are within the "scope of practice" for a pharmacist.
While lots of employers' policies extend coverage to employees while acting within the scope of their duties as such, you may not be secured under your company's insurance to the same extent or in the very same manner as you would be if you bought your own standalone coverage. Your employer's protection is in place mainly to safeguard the organization for your actions when you are acting on behalf of your employer.
Pay all reasonable expenses sustained in the defense or investigation of a covered claim. Pay you for lost wages. Provide reimbursement for attorney fees or investigative expenses for queries before any body such as the pharmacy licensing board that controls expert conduct of pharmacists. It will likewise cover particular costs incurred if you are needed to give a deposition or statement in a case.
Private expert liability insurance covers you for your expert drug store services beyond your employer's setting as long as they are within the routine tasks and activities or "scope of practice" for a pharmacist. Pascal Burke Contractor Insurance is relatively common that your company's coverage may have restrictions for activities that are not connected to your employment with the institution.