To avoid the pain and suffering of a malpractice complaint. It doesn’t matter the level of experience, doctors must always carry nurses malpractice insurance to protect themselves.NSO Nursing Insurance offers Personal Insurance Options For You and Your Family.

Sign Up For a Free Quote Today!

While most people are aware that physicians require malpractice insurance, others may be unaware that they aren’t the only ones who require professional liability insurance.

Patients can sue whoever provides them medical care, like doctors, nurses, and dentists.

It is important for nurses to have malpractice insurance because it protects them and their license against any medical malpractice claims they may face in the future.

NSO malpractice insurance is one of many options for nurses or the physicians who employ them. The benefit that specifically allows a nurse to have liability insurance, NSO offers a range of benefits for nursing professionals.

Not sure if NSO is right for you?

You can get the following from NSO- a brief overview of nursing liability insurance, and how it might apply to physicians and nurses.

What is NSO?

Since 1976, the NSO has been one of the leading providers of nurses malpractice insurance and professional liability coverage for nurses. They offer a whole range of products that are designed to suit individual needs and budgets.

NSO has an advisory board that helps create and provide unique services and insurance policies to nurses around the country.

They specialize in providing liability insurance to nurses, but they also provide other types of insurance, such as:

• Health insurance
• Life insurance
• Disability income insurance

The Continental Casualty Company, which has been in business since 1897, underwrites NSO policies. CNA has an A rating from A.M. Best, an A2 rating from Moody’s, and an A+ rating from Standard & Poor’s in terms of financial strength.

As in 2024 , NSO is providing nursing malpractice insurance coverage to 500,000 nurses in the U.S.

Malpractice insurance features:

• Liability coverage: up to $1 million dollars per claim
• Coverage wherever you go, wherever you practice
• License protection: up to $25,000
• Medical payments: up to $25,000 per person or $100,000 annual aggregate
• Assault coverage: up to $25,000
• Sexual misconduct: up to $25,000
• Defense attorney provided
• 24/7 coverage
• First aid expenses: up to $10,000
• Deposition Representation: up to $10,000 annual aggregate

Why Nurses Need Malpractice Insurance

Nurses are an important part of any healthcare team. They give critical care to patients in the same way as physicians do. They also provide emotional support to patients who are dealing with an illness, preparing for a medical treatment, or recovering from one.

Mistakes made by nurses can be grounds for a malpractice process. Even an unintentional mistake in something as routine as administering medication can lead to a malpractice case.

Nurse practitioners and certified registered nurse anesthetists, for example, require malpractice insurance for the same reasons that physicians do:

To Pay for Damages

If a patient is able to prove that they were harmed by healthcare providers, they may be awarded monetary damages. These will be paid to the plaintiff and can be taken from the hospital, one specific physician or one specific nurse.

You’ll have to pay for malpractice damages out of your own bank account if you can’t prove that you weren’t at fault.

To Waive Defense Fees for Trial

If you’ve ever been sued or had to defend yourself in court, you know that attorney fees are costly and can rapidly pile up.

If you are sued in malpractice, you need a lawyer to prepare your defense and speak for you in court. Malpractice insurance covers legal defense fees so you don’t have to go into debt defending yourself against patient claims.

To Protect Personal Assets

There is one thing that all insurance policies have in common:

They’re all meant to help you secure your finances and keep more money in your pocket over time.

Malpractice insurance is no different.

For nurses, medical malpractice insurance through their employer might not cover the limits of their work. In this situation, having an individual liability policy will provide them with greater benefits.

Why?

If you are found guilty as a result of your employer’s negligence, they may sue you to recover the costs of your defense.

Malpractice insurance is important because it helps you to not go bankrupt defending yourself. If you have a claim, the payout of this type of coverage will alleviate any damages.

To Protect Your License

When you are sued for malpractice, the patient isn’t the only one who can pursue a complaint. If your nursing board finds you guilty of wrongdoing, they will revoke your license.

Malpractice insurance will help you pay legal fees while also having coverage on malpractice charges regarding your license. If you’re accused or charge with any malpractice, you’ll still need to defend yourself by protecting your license. Coverage will help you survive without being burdened financially.

NSO Nursing Insurance

What are the NSO Policies?

Nurses of all types can use various NSO healthcare policies to protect themselves. Nurses who are still in nursing school or licensed nurse practitioners with decades of experience in healthcare can both take advantage of these policies.

Over 80 different types of policies are available from NSO. Every nurse in every capacity can locate an NSO malpractice insurance coverage that adequately covers them, depending on their license and level of certification.

NSO provides coverage for many types of nurses, including student nurses, employed nurses, and self-employed nurses. They offer policies for locum tenens nurses, CRNAs, and part-time nurses.

They also have insurance created expressly for business owners, nursing school teachers, and private practice physicians who want to give liability coverage to their nurse personnel.

If you are a nurse or have an on-staff nurse, then you may benefit from an NSO malpractice insurance policy.

What Benefits Does NSO Offer?

NSO coverage comes with many built-in benefits.

The following are some of the primary advantages of NSO coverage:

Professional Liability Coverage

Professional liability coverage of up to $6 million will be provided by NSO. NSO will pay up to $1 million each claim, up to six times per year, if you are required to pay monetary damages to a patient.

Defense spending

Defense attorney expenditures up to $25,000 per year are covered by NSO. The daily cap is $1,000, and NSO will cover these costs regardless of whether you win or lose your case.

License Protection

Your NSO coverage will cover defense fees and other covered expenditures if you need to defend yourself against disciplinary charges brought against you by a state licensing body.

Information Privacy

Despite the fact that every nurse recognizes the importance of HIPAA legislation, lapses in privacy protection do occur from time to time. If you are required to pay fines or penalties as a result of a HIPAA violation, NSO will reimburse you up to $25,000 per year.

Sexual Misconduct

NSO will pay up to $25,000 per year to cover sexual misconduct claims brought against you if you are found guilty of sexual misconduct on the job.

Assault Coverage

NSO will pay up to $25,000 if you are the victim of a violent assault at work or on your route to or from work. You can use this money to pay for medical bills or damage to your property as a result of the assault.

Portable Coverage

You can take your malpractice insurance with you from employer to employer. Coverage also extends to volunteer work or a second job.

Keep in mind that not all NSO policies provide all of the following perks. Student nurse regulations, for example, provide fewer perks and opportunities than those granted to CRNAs and NPs.

Nurses malpractice insurance NSO Nursing Insurance

NSO nursing insurance Reviews

15967 reviews for NSO, rated 4.70 stars on ResellerRatings.com.

Quick, simple, and inexpensive
“After observing how hospital systems and the criminal justice system treat nurses, I decided it was time to seek coverage.”

The most important thing is to be safe.
“I was referred by someone at a nursing agency, and the application process was simple.”

As simple as it gets

“Simple quote. It’s not a problem. The explanation is straightforward.”

It is a type of insurance.

“Affordable and simple peace of mind.”

It’s simple to use.

“I’d suggest it. NSO affects a few of my coworkers.”

Excellent coverage

“I’ve had this insurance for a long time. I’m hoping I’ll never need it.”

Free of tension
“Signing up was simple and straightforward.”

It’s that simple.

“Signing up is a breeze. I’ve heard nothing but good things about NSO from other nurses, so I’m looking forward to being a little less stressed.”

NSO Insurance for Practice Owners and Businesses

Hospital executives, physicians who run their own practices, and physicians who work as partners in a medical group all recognize the value of having a top-notch nursing staff.

• Recruiting and maintaining top-tier nurses frequently necessitates two factors:
• Providing a competitive wage

Providing a more comprehensive benefits package than other practices or hospitals Malpractice insurance from NSO is a great addition to any benefits package, but it can also help your business or practice in other ways.

You can add a “Business Owner Coverage Extension” to any policy you give your nursing staff through NSO. This additional coverage protects both your company and your individual employees from malpractice.

You can also include a Business Owner’s Policy if you want (BOP). The BOP protects your organization from both property and liability risks, and it can protect you from a range of unforeseen events (like employee theft or cybercrimes).

How Much Does NSO Insurance Cost?

The cost of a malpractice insurance policy with NSO varies from person to person. Student nurses can get malpractice insurance for as little as $35 per year, and professional nurses can get it for as little as $106 per year through NSO. Nurses who work in more dangerous specialty should expect to be paid more.

NSO (or any other insurer) will evaluate the type of job you do, as well as your speciality and amount of experience, before quoting you a monthly premium. The more dangerous your employment is, the higher your pay will be.

A nurse practitioner, for example, is more likely to face a malpractice claim than a nursing student with limited clinical experience. An NP will pay greater premiums than a nursing student for this reason alone.

However, experience and specialty are only two of the factors that influence your premium prices.

Who Pays for NSO Nursing Insurance?

You will be responsible for paying the monthly premiums on your NSO individual malpractice insurance policy as a nurse. Your company will cover the price of an NSO liability policy if it is included in your benefits package.

Regardless of whether or not their employer has a policy, we encourage that all nurses have their own personal policies.

Your current location

The state in which you have a work permit is also a consideration. In New York, physician malpractice insurance is more than five times the cost of a similar policy in California, Ohio, or Tennessee.

Keep in mind that this isn’t always the case when it comes to states with high annual wages or a high cost of living. The frequency of liability claims filed in your state, as well as the limits on the amount of damages that patients can collect, play a large role in determining monthly rates.

The Amount of Insurance You’ll Require

Your monthly premiums are also affected by the amount of coverage you require and the additional perks you wish to include in your policy. Whether you’re a Maine NP, a Kentucky CRNA, or a Kentucky NP,

Your monthly premiums are also affected by the amount of coverage you require and the additional perks you wish to include in your policy. Obtaining an insurance quotation is the only way to know precisely how much you’ll pay, whether you’re a nurse practitioner in Maine, a CRNA in Kentucky, or a student nurse in Oregon.

Your Claims History

The amount of insurance claims you’ve made in the past also aids NSO in determining your policy’s monthly premium price. If you’ve had a prior malpractice episode, NSO may consider you a higher risk and charge you extra for coverage.

Consult your insurance agent or go to www.nso.com to acquire a quote and calculate your premium rates right now.

The CAROL Bike review – All you need to know for the fastest way to get fitter and healthier