Category Archives: Acupuncturist Insurance

Acupuncturist Insurance Quotes

Many describe insurance for the acupuncture business as an “à la carte” product. That means you can choose insurance products from different options instead of buying the whole package. The goal is to have a policy that is custom designed to best suit the protection you need. In other words, you pay only for a particular insurance option for your business.

New to the acupuncture business? If you plan to buy insurance to protect your business, it will be advantageous to you if you are familiar with different acupuncturist insurance quotes. In this way, you will know which particular insurance product to purchase.

So, here are various types of acupuncturist insurance quotes you should know about:

Worker’s compensation quote – provides information about insurance that aims to protect your business from paying for your workers’ medical care and rehabilitation – for employees who are injured while on the job or contract a work-related illness. It also covers a portion of lost wages, disability benefits, and even death benefits for the dependents of employees killed in work-related accidents.
Malpractice quote – you need this information about insurance products protecting your business and professional from lawsuits claiming malpractice or negligence on your part as an acupuncture treatment provider.
Premises liability – this provides information about the policy that protects your business in case of interruption for several reasons. Property protection generally covers owned or leased buildings and their content, such as furniture, equipment, and fixtures damaged from calamities and fire.
Professional liability quote – information regarding insurance providing coverage for license protection, sexual misconduct defense, cyber liability, and insurance audit defense.

There are more coverage options associated with the acupuncture insurance package. Make sure you ask your prospective insurance provider to learn more.

Online looking for a reputable company that offers comprehensive acupuncture insurance coverage? Talk to an expert at the American Acupuncture Council today.

Please call (800) 838-0383 for more inquiries.

Malpractice Insurance For Acupuncturists

We cannot emphasize enough the importance of malpractice insurance for acupuncturists. If you have been following us for quite some time, then it is highly likely you are already aware it is one of our recommendations to add to your business checklist. With that said, it is also imperative that you are careful when choosing insurance, as providers are not the same.

When shopping for malpractice insurance for acupuncturists, it is crucial to ask the following questions to help narrow your choices to the most qualified providers.

How long have you been in business?

Asking your prospect this question will provide insights into the company’s strength as an acupuncture insurance provider. If they have been around for a decade or two, it means they have weathered the ups and downs of the industry. That also means they have polished their expertise and can offer insurance products that are top-notch in the market.

What is the scope of your insurance coverage?

You must know how extensive the level of protection they can provide so that you can weigh the benefits relative to the amount of money you are paying for the premium. The coverage may include malpractice insurance, business insurance, worker’s compensation, etc.

Can you give us some figures about your company?

Figures/statistics give you a snapshot yet a holistic view of the company. Figures worth taking note of are the number of clients they are currently serving, amount of insurance claims, amount limits of liability, and the premium.

Are you a licensed service provider?

In California, domestic and foreign insurers are subject to licensing, control, and supervision by the California Department of Insurance, as prescribed by law. If an insurance provider cannot provide proof of their license, you have a compelling reason to cross that company out from your list of prospects.

Online looking for a reputable company that offers malpractice insurance for acupuncturists? Contact the American Acupuncture Council today at (800) 838-0383.

Acupuncture Professional Liability Insurance

Getting protection for your professional reputation should be one of the things included in your first to-do list when you are starting an acupuncture business. It safeguards the name you have built for years. Buying acupuncture professional liability insurance is the way to realize the protection you need.

Here are some of its benefits

License protection – it is wise that an acupuncturist gets the insurance that protects the license he worked hard for years to obtain. A revocation of an acupuncture degree realized from extensive training in acupuncture care can happen in a snap, but insurance can help avoid it.

Occurrence and claims-made-based coverage – acupuncture professional liability insurance can cover a business from an incident that happens during the time of the policy (regardless of when a person reports a claim). On the other hand, claims-based coverage offers protection for an incident that occurs (or is reported) within a specific period set forth by the policy. (your insurance provider can explain to you in detail the difference between the two.)

Cyber-security insurance – as businesses (including acupuncture businesses) continue to shift to a more efficient and economical digital infrastructure, we also see issues regarding data or information loss due to several reasons, including compromise and theft of electronic data. As a result, businesses may be liable for damages resulting from such issues. Fortunately, you can protect yourself and your business by obtaining insurance that provides cyber liability coverage.

Data breach liability insurance – offers protection (covers the costs) to acupuncturists facing a lawsuit stemming from alleged financial damage resulting from a data breach. Policies offering data breach liability protection generally provide for expenses associated with informing parties affected by a breach to minimize the damage. It includes giving the affected parties access to things such as assistance hotlines and credit monitoring.

Talk to an acupuncture professional liability insurance provider today to learn more about its benefits and how to get started.

Contact the American Acupuncture Council today at (800) 838-0383.

Why An Acupuncturist Insurance Is Vital (And How To Find The Best Provider)

You should perform a comprehensive search for prospective providers for products as valuable as acupuncturist insurance. You have to make sure that the company you choose can deliver its promise. Your choice will have a crucial impact on your finances and your professional reputation as an acupuncturist.

Many companies in the market present themselves as the best acupuncturist insurance provider you can find around. However, as the saying goes, “there’s more than meets the eye.” That implies you have to be careful in choosing an acupuncturist insurance product to buy; make sure you do it based on an informed decision – not just on how these companies portray themselves. With that said, here are some crucial things you need to consider when choosing an acupuncturist insurance provider:

Experience (you would want to look for an acupuncturist insurance provider with proven track records, probably with decades of industry experience)
Good reviews from previous and current clients (there is no better way to learn about how good (or bad) a company is than those who have experienced their product themselves.)
Package quotations are transparent (what you see is what you get; what you get is what you pay)
The total value of insurance claims they pay out each year (this provides insights into the company’s capability to deliver the insurance protection as promised)
Has physical location or office (that means they are legitimate and have the approval from regulating bodies to offer insurance for acupuncturists.)

Some benefits of acupuncturist insurance

Offers liability insurance to protect your business and professional reputation from potential malpractice lawsuits;
Offers workers’ compensation, covering all employees (except those from independent contractors);
Offers premises liability protection or commonly called slip or trip and fall insurance (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)
Offers protection for business personal property (can cover the named insured for lost, stolen, or damaged property of the business, such as equipment)

Online looking for a reputable and most qualified acupuncturist insurance provider? Reach out to the team at the American Acupuncture Council today.

Please call (800) 838-0383 for inquiries.

Jumpstart The New Year With Acupuncturist Business Insurance

2021 is about to close, and we will welcome a new year a couple of weeks from now. It symbolizes a new beginning. It is a metaphor for change – for the better.

As you think of the year ahead as a person running an acupuncture clinic, you probably have asked yourself how you can jumpstart the year for your business. How about you include getting acupuncturist business insurance in your list?

There are compelling reasons why you should buy insurance for your acupuncture business, and some of these are the following:

Custom protection for your business – acupuncture business insurance protects you from liabilities arising from different circumstances. For instance, a patient files a lawsuit complaining about malpractice or negligence. Acupuncture insurance can cover the financial obligations while dealing with the case.
Employees’ protection – you also have the option to tailor your insurance in a way that covers your staff. In case of hospitalization, insurance can shoulder the medical bill. It can also provide the needed compensation for the days your affected employee.
Coverage for professional reputation – your acupuncturist business insurance can take care of any legal complaint lodged against you. You can rest assured knowing that it can protect your business and professional reputation as well. For instance, license revocation is highly unlikely.

Now, let’s go to the most crucial question: How do you find a trusted provider of acupuncturist business insurance? Several criteria go into the process of hiring a highly qualified one. Consider the following:

Consider a company having a physical office or business address because that validates the legitimacy of their business. It also allows you to have easy access to them should you want to meet them face to face.
The feedback/reviews received – how has the acupuncturist business insurance performed in the past based on clients’ feedback (one question to ask: are there more positive reviews than negative ones?)
And lastly, you have to know whether or not the insurance provider has obtained the necessary licenses, permits because that signifies they passed the standards imposed by regulating bodies.

Online looking for a reputable acupuncturist business insurance company? Contact the American Acupuncture Council today at (800) 838-0383.

Some Instances Where Insurance For Acupuncture Businesses Is Helpful

Are you new to the industry and curious about whether or not insurance for acupuncture businesses is helpful? In this post, we will discuss some specific cases that prove buying one is a must.

A patient files a case, claiming malpractice.

A couple of months into the acupuncture treatment completion, a patient of yours suddenly claims that your procedure is not working. On the contrary, he signifies that it makes the condition worse. Of course, this is highly debatable. Such a scenario leaves you with a few options to address the concern. One, convince the client to stay and show the areas that improved. Two, refuse to refund. Three, grant the refund.

If negotiations fail to settle scenarios like mentioned above, and your client chooses to abandon the treatment and files a case in court for malpractice instead, insurance for acupuncture businesses (liability insurance) comes into play. It will help ensure that you and your business will be okay during the entire duration of a legal battle, having your financial needs covered.

The equipment in your clinic needs repair or replacement.

Equipment is not damage-proof. It will succumb to natural wear and tear. With daily use, it will eventually break down, and repair or replacement is imminent. Plus, damage from a natural calamity can potentially make its lifespan even shorter. For instance, an acupuncture table can cost from USD 300 to USD 2,400 to replace. That is quite a price tag. The good news is, acupuncture insurance can cover that. A small business property insurance will pay for the replacement or repair, saving your bank account from bleeding out.

A patient accidentally slips and stumbles upon entering your clinic, obtaining injuries.

Such an unfortunate case can be a result of negligence on the part of the patient. However, the chances that the patient will pursue a legal complaint are still high. That is because the incident happens inside your facility. Like other similar cases, you are technically responsible for paying for the medical fees. But with acupuncture insurance, you should be okay, knowing that your business and your professional reputation are covered.

Online looking for the best insurance for acupuncture businesses? Contact American Acupuncture Council today at (800) 838-0383.