How much professional liability insurance does a hospital need?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

The annual aggregate exposure of the facility would dictate the amount of coverage required. Most facilities can make due with a few million up to 10 or 20 million dollars per claim coverage.

But bear in mind that a large facility could potentially have many malpractice claims pending at any one time. So an annual aggregate limit should be much higher perhaps in the range of 50 to 100 million per year.
Answer I would think in the many millions to billions area. Contact an agent they will be able to assist you with the amount needed.
23 people found this useful

How much liability insurance do you need on your car?

You are required by law to carry at least the state minimum; afigure that varies state by state. . However, how much you "NEED TO" carry depends on your own personalfinancial

How much does professional liability insurance cost for an RN?

about $100 depending on the area of expertise and years practicing. The three main companies I found were... Health insurance NSO - http://www.nso.com/ CM & F = 1M/6

How much liability insurance does a lawyer need?

It depends on the type of law you practice, and how careful you are, and how many matters you handle. Claim amounts are higher and claims more frequent in personal injury law.

How much professional liability insurance cost for engineer?

This depends on several factors, including where you're located & your claim history, who the insurance company is, their coverage form and their overall experience with your

Why does a contractor need a professional liability insurance policy?

A contractor typically needs a Commercial General LiabilityInsurance Policy. If the contract includes professional services, then the contractorwill likely be required to car

Does an architect need professional liability insurance?

Yes. When self employed. Since an architect draws plans for construction, he/she carries a great deal of responsibility in regards to post construction situations. If the a

If you have Professional liability insurance why do you need general liability insurance?

Professional liability insurance will protect you against lawsuits arising from your actual professional services rendered. Suppose you have a consulting business, and you are

Who is covered in Professional Liability Insurance?

The practicing professional or organization is generally the named insured. The coverage provides for legal defense and or mediation costs of the insured as well as liabili

Do you provide professional liability insurance?

Sure. Depending on your occupation professional liability can be added as a rider to a businessowners policy. Often times professional liability will be a separate policy. I r

How can Professional Liability Insurance be purchased?

Professional liability insurance comes in several forms, depending upon your profession. For example, if you are a doctor, you would want medical malpractice insurance. A lawy