Nursing liability insurance is simply malpractice protection. Some employers offer this type of insurance to their nurses, but there are a number of nurses that choose to purchase their own liability insurance for their own protection.
While some employers offer nursing liability insurance, the policies under it may still be limited. For instance, they may not be able to cover private-duty activities and off-duty incidents. In other cases, the insurance may also not take effect once the nurse transfers to another hospital, even if he or she is still involved in a case that concerns an activity made for his or her past employer. All these things make nurses susceptible to lawsuits and this is the reason why several nurses choose to invest in their own nursing liability insurance.
Nursing liability insurance typically offers claims that may amount to as much as a million dollars. Aside from this, there are also other components that make such insurances attractive. The first is personal protection. This insures the owner of liability damages that may result from work outside his or her employer’s premises. There is also personal injury protection that safeguards the owner from charges relating to slander, libel, and assault arising from the practice of the nursing profession.
Medical payments are also being offered for work-related injuries that occur in the clinic or household of the owner. Such reimbursements may amount to as much as two thousand dollars per person.
Other services are being offered together with nursing liability insurances. First, the insurance is effective on a 24 x 7 basis. This means that the owner is protected even after work hours. Legal representation is also available whenever the situation calls for such. For nurses who travel abroad, some nursing liability insurances also offer worldwide coverage.
Discounts are also given to certain groups of individuals. Student nurses may be given a discount of as much as $30 a year. Those who are new graduates may also be given a certain discount percentage. Other discount groups are retirees who still have valid licenses with them and nurses who took risk management courses.
By: Jimmy Sturo
Employers Liability This is required by law and it covers personal injuries sustained in the course of their employment by your employees. It will also cover an employee (current or former) if they become ill as a result of their work. Failure to take out an employer’s liability policy can result in fines of up to
Most disc jockeys forge ahead into the DJ world full of enthusiasm, and make their top priority the purchase of their equipment. Visions of mixers, speakers, cd decks, turntables, and effects flow through their minds. That’s all fine and expected, but when such a focus is put on the DJ’s gear; it makes no sense not to protect that investment.
Protecting the equipment with proper casing for transport is recommended and a smart practice, but that is not the focus of this article.
Strange as it may seem, many Djs operate without an insurance policy to protect them from a lawsuit. Mobile Djs operate on location and are required to carry a liability policy so that they will not be personally responsible should they be faced with a lawsuit. A liability policy – which can many times be purchased from standard car insurance companies – will ensure that the Dj’s personal assets are not attacked in a lawsuit.
The profession of Djing has gone through radical changes in the last decade. Equipment has grown in all arenas. Speakers have gotten a major overhaul. They are lighter, cleaner in sound, and more powerful. Many are even self powered, where a separate amplifier is not required.
Advances in computer technology has allowed for today’s Djs to operate with a laptop computer and proper software. In an industry where it’s practitioners had to carry heavy turntables and crates of records, modern day Djs may never touch a cd. One can only hope that the new wave of thinking will carry on into the arena of proper business practice where insurance is concerned.
It makes no sense to invest so much into equipment and then have a flagrant disregard for protecting a business and it’s assets.
Insurance companies have become aware of the mobile DJ profession and many car insurance providers have responded by offering discounted plans for thaose Djs that choose to combine their car and liability insurance with the same carrier. It’s as simple as going online to a few car insurance providers and filling out quote request forms to find the best rate.
All prospective Djs would be well advised to find adequate insurance before forging ahead into the entertainment world. As has been said about insurance: “It’s better to have it and not need it, than to need it and not have it.”
By: Ray Mardo