Get comprehensive protection in both your clinicals and your everyday RN work with nurse practitioner (NP) student liability insurance from Berxi.
Between your NP program and your nursing day job, you have enough on your plate without having to worry about insurance. That’s why we’ve made it easy — and affordable — to protect yourself from malpractice claims with our top-rated NP student liability insurance.
Berxi’s NP student malpractice insurance policies cover you during your clinicals and in your RN job, so you never have to wonder whether you’re protected from malpractice claims. Key features and benefits of a Berxi NP student liability insurance policy include:
|
|
Nurse practitioner student liability policies vary in cost depending on a number of factors, but they can start around $140 per year. Because Berxi offers insurance directly to NP students, without a broker in the middle, we’ve eliminated many of the fees typically associated with NP student insurance costs. That means you’re able to save an average of 20% vs. industry standards when you choose Berxi. In addition, our policies have no deductible.
The best way to get an idea of what your own NP student insurance policy would cost is by getting a free quote. Our online quote process only takes a few minutes, and — if you choose to purchase — your policy can go into effect any day you’d like, including today.
Healthcare is risky, and there’s always the chance you could face a malpractice claim as a result of your NP student clinicals or your everyday work as an RN. But with NP student malpractice insurance from Berxi, you’ll get the protection you need to focus on what matters: caring for your patients and advancing your career as an NP. Here’s what’s covered under a Berxi NP student liability policy.
As an NP student and working RN, medical malpractice coverage insures you against claims of negligence or of making a mistake that caused bodily harm to a patient. This includes providing you with a lawyer to defend yourself and the funds you can use to pay judgments or settlements.
Amount Covered: Typical limits of liability range from $500,000 per claim/$1 million aggregate to $2 million per claim/$6 million aggregate.
If a claim is filed against you, we’ll retain a lawyer for you from our network of defense attorneys specializing in medical malpractice. We’ll also pay for related defense costs (e.g., lawyer fees, court fees, expert witness costs).
Note that these defense costs are outside the limits of your insurance. This means that their services don’t cut into the settlement fees you may need to pay after a ruling or settlement.
Amount Covered: Provided in addition to your policy’s limits of insurance.
We work with your defense attorney to reach the best possible outcome for you. We won’t settle a claim without your approval.
Your policy applies on a worldwide basis, as long as a claim is brought against you in the U.S. (which includes any U.S. territories or possessions).
If you provide professional care to someone who is not your patient in a first aid or emergency situation, and that person files a claim against you, your policy will still apply.
If a claim alleges that you violated privacy rules in connection with private health information, we provide you with access to counsel and will reimburse you for costs related to HIPAA proceedings — including relevant HIPAA fines.
Amount Covered: $25,000 limit per policy period.
If a professional licensing authority is investigating matters related to your professional conduct, our policy provides you with legal defense.
Amount Covered: $25,000 limit per policy period.
If we ask you to attend litigation activities (e.g., a deposition), our policy will reimburse you for actual lost wages and any necessary expenses you incur (e.g., travel, meals).
Amount Covered: Up to $1,000 per day.
If you face a threat to your professional reputation, we can provide you with a crisis management/public relations consultant to help clear your name.
Amount Covered: $50,000 limit per claim.
If you’re audited by either Medicare or Medicaid, we offer reimbursement for related accountant or attorney costs that result from the investigation or defense of the audit proceedings.
Amount Covered: $30,000 for a covered audit and related expenses.
This optional endorsement protects you in your role as a medical director, adding coverage for your administrative services in addition to your professional services. It covers potential liabilities arising from your oversight and management duties, rather than direct patient care, such as errors in policies or protocols. This coverage is available only in positions where you have no voting or ownership interest.
Amount Covered: Equal to your policy’s limits of liability. Typical limits of liability range from $500,000 per claim/$1 million aggregate to $2 million per claim/$6 million aggregate.
This optional endorsement covers claims concerning errors and omissions in your billing practices.
Amount Covered: $25,000 per claim, subject to a maximum limit payable of $25,000 for all claims.
This add-on coverage applies if someone files a claim against you alleging that your premises or operations caused them bodily injury or harm.
Amount Covered: $1 million occurrence/$1 million aggregate.
At Berxi, we’re committed to making NP student malpractice insurance easier — easier to buy, easier to understand, and easier to afford. Here are a few things that set us apart from other insurance companies.
Berxi is part of one of the most established and trusted insurance companies out there. Our parent company, Berkshire Hathaway Specialty Insurance Company, is rated A++ for financial strength by AM Best — the highest possible rating. Every Berxi NP student policy is backed by this industry-leading financial strength, so you never have to wonder whether we have the resources to pay a claim.
Berxi is a direct-to-customer insurer, so there are no broker fees, middlemen, or commissions. Buying your policy directly from us eliminates many fees that are typical in insurance transactions, and we pass the savings on to you. In fact, our customers save an average of 20%.
When you call our support line, you’ll reach a real-life human being from our in-house customer support team who will work hard to answer all your questions. And if a claim is ever filed against you, our claims team will support you every step of the way. That’s why Berxi is rated 4.87 out of 5 stars by more than 13,000 customers.
You can manage every aspect of your Berxi coverage through our easy-to-use online portal. Not only can you get an instant quote and buy your policy in just a few clicks, but once you’ve purchased a policy, you can download proof of insurance, update your account information, and manage your payment options online. And if you ever need to file a claim, you can do that online, too.
First of all, congratulations! As you launch your new career as a nurse practitioner, it’s important that you have your own NP malpractice insurance in place. Berxi offers our malpractice coverage to NPs at an affordable rate, and you can get a quote in minutes. Learn more about nurse practitioner malpractice insurance from Berxi.
Protecting your career with NP student malpractice coverage doesn’t have to be expensive. At Berxi, we’re committed to offering our comprehensive, top-rated Berxi NP student policy at an affordable rate, and our customers save an average of 20%. Take a minute to get a quick online quote and see how much you could save.
“Berxi is hands down the most accessible and helpful insurance company I have ever worked with.”
– Shannon
“Berxi was recommended to me by a friend at another company, and now it seems that everyone where I work has them too! The quoting process was easy… and the price is better than anywhere I’ve found.”
– Jeremy
“Completely stress-free setup and customized to my needs. So easy I didn’t even need to talk to anyone!”
– Che
To help you land your dream NP job, we’ve created this guide to the most common interview questions you’ll encounter — along with pointers and strategies for how to answer them.
learn more
Medical malpractice lawsuits can happen to any nursing professional. Read about these real-life cases, as well as common types of malpractice and why the right insurance can be a lifesaver.
learn more
Nurse practitioner insurance can help protect you in your work as an NP, your financial stability, and your ability to build your career. But what types of insurance do you really need?
learn moreYes, NP students need malpractice insurance. Most NP programs will require you to have your own insurance before starting clinicals. Plus, if you’re continuing to work as an RN during your transition to NP, you’ll need insurance for your everyday work too.
When you’re providing care for patients, there’s always the risk that you could be blamed for a patient’s injuries and sued for malpractice. Even if you aren’t at fault, a malpractice lawsuit can take a huge toll on your finances and your career. Not only are you responsible for the legal costs of defending yourself against a claim, including court fees and wages lost due to court appearances, but if found at fault, you’ll also be responsible for paying damages.
That’s why malpractice insurance for NP students is so crucial: it can provide the legal and financial support you need in the event of a malpractice claim, whether it arises from NP clinicals or your day job.
As an NP student and a practicing RN, there’s always the risk of a potential malpractice claim. But there are ways you can potentially help mitigate risk at work and during clinicals.
In fact, most nursing programs require that you have your own policy before you start clinicals to protect you in the event of a malpractice claim. Your insurance policy can help protect you during your clinicals if a patient or a patient’s family sues you for allegedly making a mistake that caused them bodily injury.
Nurse practitioner student liability insurance can start at around $140 per year, but the actual cost of your policy will depend on a number of factors such as the number of hours you work, your location, and your claims history.
Want to get a better idea of how much your NP student liability insurance policy could cost? Take a moment to get a quote now. If you decide to purchase, your NP student malpractice insurance policy can go into effect any day you’d like, including today.
