Acupuncturist Owners’ Insurance – The Benefits You Should Not Overlook

Why is acupuncturist owners’ insurance so important? There are two main reasons: For one, to comply with a regulatory requirement as most states (if not all) obligate an acupuncture business (or alternative treatments, in general) to have insurance, among other requirements, before they are allowed to conduct a business. Another is that insurance serves as a cushion so that if an issue of enormous magnitude (like a patient filing a case) falls upon an acupuncture business, the owner will handle it with assurance, knowing it has the needed protection.

If you are into alternative treatments and planning to open your acupuncture clinic, acupuncturist owners’ insurance should be on your must-do checklist. Here are some of its benefits:

Protection from malpractice complaints – for alternative treatments that include treating delicate parts of our body, such as acupuncture, anything can happen on the part of the patient. When a patient files a complaint claiming malpractice, you can rest assured that, with acupuncturist owners’ insurance, you have the necessary protection; there’s an entity that will help you financially if it requires you to shell out amounts of money for any expenses incurred.

Worker’s compensation – covers all of the employees of a business except when the concerned is an independent contractor. An employee working away from their state needs special provisions. Worker’s compensation is a no-fault system, which means injured employees do not have to sue their employers for compensation. For example, compensation is automatic for covered benefits, except for extreme negligence – where employers have protection from liability due to work-related injuries and illnesses.

Premises liability protection – here at the American Acupuncture Council, we call it Business personal property (BPP), which can cover the named insured for lost, stolen, or damaged property of the business, such as equipment. For example; a treatment table, furniture, or other business property that is not a permanent fixture of the building structure can be covered by this insurance policy.

If you are looking for a reputable company that offers acupuncturist owners’ insurance, look no further than the American Acupuncture Council. Please call (800) 838-0383 for inquiries.