Insurance Coverage for Hospice Care Practices and Agencies

Running a hospice practice is uniquely demanding. Meeting the medical, emotional, and spiritual needs of your patients isn’t an easy goal. Juggling social workers, chaplains, volunteers, and healthcare professionals takes a lot of bandwidth. It’s vital to understand the types of insurance coverages that your business may need, and regularly review your insurance coverage with a local agent.

Professional Liability Insurance

Professional liability insurance can help protect you if a client believes that a mistake you made in connection with your professional services caused them harm and decides to sue you.

Workers’ Comp Insurance for Hospice Care Practices

Depending on what state your business is located in, if you have employees, workers’ compensation may be a legal requirement. A workers’ compensation policy can help your employees who are injured or become ill because of work related events by covering things like medical bills, emergency room visits, and ongoing care costs. Policies can vary, so it is always good practice to review them with your local insurance agent.

General Liability Insurance

Typically, a general liability policy can give you financial protection if a client or other third-party is accidentally hurt or their property is damaged while they are on your premises due to a covered claim. For example, if a client trips and falls in your office, or if a visitor injures themselves on a piece of equipment, a general liability policy could help.

Abuse and Molestation Liability

Employment Practices Liability Insurance, sometimes known as EPLI, can help protect against claims from your employees such as, but not limited to:

• Harassment
• Discrimination
• Wrongful termination
• Retaliation
• Wrongful failure to promote
• Certain other employment related issues

Employment related claims can lead to substantial legal costs. An EPLI policy typically provides coverage for defense costs and damages for employment related claims. In today’s litigious landscape, businesses should manage their risks by having coverage in place before a lawsuit arises.

Steps to Get Insurance as a Hospice Care Practice

• Take your time to research, learn, and ask questions about different insurance coverages.
• Evaluate the unique needs of your business. This could be whether you rent space, what services you offer, and other factors.
• Request a quote for your business. You can fill out our online form here to request a quote or call one of our offices to start the process.
• Review your policies and make a decision on what coverages to choose. Once you bind coverage, you can request proof of insurance.

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This article is for general informational purposes only and is not to be relied upon or used for any particular purpose. Cross Insurance shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal, insurance, accounting or other professional advice, nor shall it serve as a substitute for the recipient obtaining such advice. The views expressed in this article are that of its author and do not necessarily represent the views of Cross Financial Corp. and its subsidiaries and affiliates (“Cross Insurance”) or Cross Insurance’s management or shareholders.