Lately, with so many medical groups and individual physicians practicing in telemedicine (or aesthetic laser, medispa’s, urgent care, integrative medical, wellness, chiropractic aesthetic, interstate telemedicine, etc…..) the standard insurance carriers have started to decline requests to provide coverage in these evolving areas.
So, insurance agents and brokers are required to creatively and resourcefully market these ‘risks’ (insurance jargon for ‘healthcare organization seeking insurance) to some ‘non admitted carriers.
MediSpas, Urgent Care Centers, Family Practices engaged in Integrative wellness, chiropractors incorporating aesthetic and nutritional counseling and telemedicine businesses start to look for professional liability insurance, they sometimes find the Admitted, standard markets to be closed.
So, understanding the difference for purposes of feeling good about and having confidence in your professional liability solution is i ...
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