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Medical Malpractice Coverage to Protect Your Blood Bank

Trust is the foundation we both share.

 Healthcare providers trust you to collect, process and distribute blood and blood products in a safe and accurate manner. Your malpractice insurance company should provide you with the same level of trust. Medical Protective can provide your blood bank with the 'gold standard' of coverage that will defend against any reputation-damaging and saving-draining claims filed against you.

Medical Protective has been in the malpractice industry for over 110 years. As a member of the Warren Buffett's Berkshire Hathaway with the highest financial ratings from A.M. Best (A++) and S&P (AA+), only Medical Protective can offer the strenght and stability required to protect the reputation and assets of your blood bank — now and well into the future.

You can't put a price on real trust, but contact us today and you might be surprised how cost effective superior coverage really is through Medical Protective

We provide the solution

At Medical Protective, we provide the solution to the critical exposures you face:

  • Professional Liability/General Liability coverage on an occurrence or claims-made basis
  • Incident sensitive trigger
  • Defense outside limits
  • Consent to settle is with the first named insured
  • Unlimited reporting endorsement available with reinstatement of limits
  • Prior acts coverage offered
  • $1,000,000/$3,000,000 primary limits offered with follow form excess up to $5,000,000/$5,000,000
  • First dollar coverage available as well as various deductible options
  • Medical Director coverage included
  • There is no 25% minimum earned at inception requirement
  • No-interest installment plans available for accounts > $50,000
 

Policies issued in New York are written by MedPro RRG Risk Retention Group and administered by Medical Protective.

 
 

Documentation Required for Submission

Premium Indications may be provided if the following are present:

  • Prior Carrier application/ Renewal application
  • Current valued loss information
  • Detailed written narrative on any claim in which indemnity/ reserves exceeds $50,000
  • Copy of most recent policy declarations page
  • Sample of business letterhead
  • Other information as determined by the underwriter

Quotes and Binders will be offered upon receipt of a fully completed application.

 

Contact us today!

We believe we can provide your facility with better coverage for a better value. Call 800-4MEDPRO or email hcfacilities@medpro.com.