Advantage Program for APPs

Advantage Program for APPs

Medical professional liability coverage for Advanced Practice Providers (APPs)

COPIC is excited to provide a new coverage option for APPs that is insured under COPIC's Risk Retention Group and offered through Western Summit, LLC.

As the role of APPs continues to expand and many states are allowing APPs to practice independently, COPIC is working with Western Summit to offer medical liability insurance built upon our trusted coverage. Western Summit is an MGA (Managing General Agent/Underwriter) that has worked with APPs for decades on similar programs. COPIC's partnership with Western Summit is focused on stand-alone policies for APPs separate from existing COPIC policies. 

PROGRAM HIGHLIGHTS

  • Eligible risks: Physician Assistants, Nurse Practitioners, Certified Registered Nurse Anesthetists CRNA, and RNs doing limited Aesthetics
  • Stand-alone MPLI policy offering separate limits of liability
  • Program is not available in all states 
  • Limits of Liability: $1M/$3M maximum limit
  • Opportunity to earn CNE credits through online education modules
  • Access to cyber resource website, Tokio Marine CyberNET (access available through COPIC’s website)

COVERAGE HIGHLIGHTS

  • Claims-made or occurrence coverage
  • Consent to settle provision
  • Medical liability coverage: Defense costs are outside of policy limit
  • Covered Proceedings: $25,000 limit. Defense cost coverage for governmental investigations, medical board inquiries, disciplinary proceedings, and billing fraud and abuse investigations
  • Cyber liability coverage: $50,000 embedded coverage

ADDITIONAL COVERAGE OPTIONS

  • General Liability coverage
  • Prior acts coverage: Available, subject to underwriting approval
  • Additional insureds with shared limits, subject to underwriting approval
  • Medical Director/Supervising or Collaborating Physicians, subject to underwriting approval
  • 50% Part-Time Premium Credit if working 20 hours or less per week
  • Suspension of premium for military or medical leave, subject to minimum premium requirement
  • Extended Reporting Period (Tail Coverage): An offer to purchase Tail Coverage is part of the cancellation process for claims-made policies. The length of the Extended Reporting Period is unlimited, or upon exhaustion of policy limits.
  • Slot coverage

Why choose Advantage Program?

Advantage Program is built on the strong, stable foundation of COPIC-RRG—COPIC Insurance Company is a financially stable company that earned its “A (Excellent)” rating from A.M. Best in 1999 and has maintained it without interruption since, and COPIC-RRG carries this same rating.

Access to trusted experts and resources
—As a COPIC-RRG insured, you will have direct relationships with our claims department and you have the option to access our extensive online patient safety and risk management resources, which includes on-demand educational course, to support efforts to improve outcomes.

For brokers looking to offer this coverage, please contact Western Summit

For APPs who are interested in coverage, please contact your existing agent or Mitch Laycock