Stand-Alone Tail Policies for Individuals and Large Institutions

Stand-Alone Tail Policies for Individuals and Large Institutions

Put your Clients’ Minds At Ease, Help Protect Their Tails!

Markets Available for Stand-Alone Tail Policies.

With increasingly mobile careers, physicians and groups need an affordable tail policy to cover past exposure. Stand-Alone Tail coverages are not as painful as you may think, and can be cheaper than the ERP pricing your Insured can get from their existing carrier.  Let HPSI market your account!  We now have a Carrier in the “A” Rated market that will allow financing of the tail for up to 6 months. Stand Alone Tails may be just the way to go. Gone are the days of traditional tail pricing and limited options. HPSI has the “A” Rated Carriers to offer this product and the experience to get the terms and pricing your client needs.

Benefits:

  • Competitive Pricing
  • Tail Options for Individual Physicians, Groups, Allieds and Large Institutions
  • 48 hour turn-around time on simple risks
  • 6 Month Financing
  • Available in 47 States including DC
  • Increased Commission Percentage (dependent on Carrier placement)

Getting a Quote or Indication – What we need from You:

  • Full Policy, Current Tail Offer
  • Current Loss Runs & Terms
  • Limits Requested

How can a Stand-Alone Tail policy be beneficial?

There are a multitude of options, besides retirement for which a tail policy can assist your Insured. Is your Insured leaving a private practice to switch to a group practice or vice versa? Or, are they thinking of simplifying their practice from surgical to non-surgical? Perhaps they have a coverage form on a Written Demand policy and want to switch to Incident Trigger?

All these and more are instances where a tail policy can come in handy! Tailing out a part of their practice can give your Client the flexibility and peace of mind they need to start a new venture or switch to a coverage right for them. The best part, is that most of the time, this clean slate is a great financial incentive! Your Insureds can start a new venture without the risk and baggage from their old practice. This saves them money on their malpractice insurance going forward and makes them more marketable to Carriers looking to insure your Client’s new risk. HPSI now has a few Markets offering financing options on tail policies, which makes the up-front cost of a tail policy not so insurmountable after all.

Contact one of our Agents today at HPSI for more details!

Did you know? HPSI can market your non-medical related E&O Stand Alone Tails!