Getting insurance for acupuncturists is crucial to running an acupuncture clinic. With a higher level of vulnerability from lawsuits, getting some protection is a sound idea that every acupuncturist should consider incorporating into their overall business strategy.
There are plenty of companies offering insurance for acupuncturists. However, not all of them can give you the best protection for your business. So, you have to be extra careful and discerning so that what you get is the one that you deserve.
Here are some tips when looking for insurance for acupuncturists:
- Financial strength – examine the insurance company’s financial strengths; this is to ensure that you do not have any problem in the event you need to file a claim;
- Coverage – an acupuncturist must choose a company that provides appropriate coverage for professional and business protection;
- Price – how much does it cost versus the package offer? The number might not tell the whole story; you have to know what particular items are in a package.
- Feedback from clients – if an acupuncture insurance company is reputable, the people surrounding them will tell you so. Hear some feedback from their existing clients as this can give you insights into the company’s image as an insurance provider.
What to look for in insurance for acupuncturists?
Note that each acupuncture business is unique and so are their insurance needs. However, you should see to it that their offer includes the following:
- Professional liability insurance – even experienced, professional acupuncturists are at risk of a possible malpractice suit. Professional liability insurance can give you the protection you need. It provides coverage for your professional reputation and your business.
- Premises Liability – commonly called slip or trip and fall insurance. This endorsement covers the potential risks of a guest on the premises alleging damage to their personal property or injury in the clinic area, such as slipping from a wet spot on the floor, tripping on a frayed rug, or fainting and falling off the treatment table.
- Business personal property (BPP) – can cover the named insured for lost, stolen, or damaged business properties. A treatment table, furniture – or any other business property that is not a permanent fixture of the building structure – can be covered by this insurance policy.
Online looking for insurance for acupuncturists? Contact us today at (800) 838-0383.