Your business insurance needs will depend on several factors and understanding it all can be complex and time consuming. One thing you can’t afford is to put your business at risk by choosing the wrong type of insurance. A professional Insurance Broker like Edge has the knowledge and expertise to identify what the most appropriate cover is for your needs and will take the time to explore and explain your options to you.

Not only do we ease the stress and deliver peace of mind, but we find you the most appropriate cover at the right price. We provide guidance when you need it and we accurately present your risk, understand your needs, as well as study the market, the covers available, the differences between the insurance providers, and what the implications of those differences are for you. We also deal with your claims on your behalf.

There are two basic policy forms of medical malpractice insurance, claims made and occurrence. Claims-made policies provide coverage for any claims filed during the coverage period, even if the actual event or act occurred prior to that time. Occurrence coverage, just as the name implies, protects for incidents that occur during the coverage period.

Generally, the retroactive date is the date in a claims-made liability policy, which triggers the beginning period of insurance coverage. If such date is shown on your policy, any claim made during the policy period will not be covered if the loss occurred before the retroactive date.