Medical Office Insurance
Schaefer Enterprises understands and addresses the insurance needs of medical office businesses with cost-effective coverage that protects against a full range of exposures and challenges. This includes issues common to all business but also those related to the unique situations and events faced in the medical office setting.
- Does your Workers’ Compensation have policy specific coverage for needle sticks? Let us identify the carriers that do offer this coverage.
- Do you have vaccines, botox or other temperature-sensitive items in your refrigerator? If the answer is yes, do you have the proper amount of spoilage insurance?
- Are you HIPAA compliant? Did you know cyber-liability insurance can afford coverage in the event you are fined or compromised through the internet?
Business Owners Policy
Business Owners Policy Insurance protects against a variety of property and liability risks. It is often compared to a Homeowners policy for a business. BOP’s combine basic coverage needed by small or midsize companies into a single policy with a single premium that should cost less than buying coverages separately. Covered perils for property coverage include those covered under regular commercial property policies such as fire, windstorm and explosion. Property coverage also covers loss of business income and extra expenses resulting from a covered property loss. Among the available optional coverages:
- Employee dishonesty
- Equipment breakdown
- Money & securities
Commercial Umbrella
Commercial Umbrella insurance protects against liabilities and losses after primary insurance benefits have been exhausted. This policy does not apply to professional liability claims or property limits.
Medical Malpractice Insurance
Medical professionals working with Schaefer Enterprises get piece of mind knowing that they are covered with Medical Malpractice Insurance. Allow our Medical Malpractice insurance team to explain your options individually according to your individual specialty and practice.
Workers’ Compensation & Disability
Workers’ Compensation Insurance and disability insurance are required by New York State. Workers’ Compensation protects against lawsuits stemming from workplace accidents. It provides medical care to injured employees as well as compensation for lost income. Disability Insurance reimburses workers who are not covered by Workers’ Compensation benefits with a percentage of their lost wages.
Cyber and HIPPA Violation Coverage
Most cyber policies will specifically exclude HIPPA coverage in the event of a data breach. At Schaefer Enterprises, we make sure HIPPA violations are included in your coverage.
Employment Practices Liability (EPLI)
Employment Practices Liability Insurance protects against financial costs of lawsuits brought by employees or former employees, i.e.: discrimination, wrongful termination, sexual harassment and breach of employment contract.
Telemedicine
Healthcare providers are incorporating telemedicine to improve communication and a patient’s clinical health status. This emerging technology raises new liability concerns for healthcare providers. Talk to Schaefer Enterprises about coverage options for telemedicine including medical malpractice, professional liability and cyber liability coverage.
