When these two types of policies are kept in continual force, the coverage they afford is basically identical. However, their principle differences lie in the protection they provide after they are cancelled and their pricing structure.
Medical liability insurance is an absolute must-have for practicing physicians and dentists, and deciding who to receive coverage from is a very important decision that should not be made lightly.
Many of MLMIC’s policyholders receive solicitations from risk retention groups (RRGs) promising lower premiums.
If you ever find yourself involved in a malpractice dispute with one of your dental patients, the dental records you’ve kept on that patient – if maintained well – will be invaluable to you.