Cyber security is one of the fastest growing areas of risk, and the healthcare sector is not immune. Certified members have the option to purchase Cyber Security and Privacy Liability coverage to better manage the risk of holding increasingly large quantities of personally identifiable data of clients, employees, and others, and to mitigate the reputational damage resulting from a data security breach.
Individual Cyber coverage with a limit of $1,000,000 can be added for an additional premium of $75.00. Members can also purchase Cyber Security and Privacy Liability Insurance for their business.
Do you operate an independent practice? Is your practice incorporated? Do you have employees billing under your business name? CSHP members have exclusive access to discounted business insurance packages with coverage designed to meet the specific needs of pharmacists.
In the event of a claim, both the treating professional and your business name are likely to be named in a statement of claim or lawsuit. Legal Entity Coverage protects the business and its assets in such circumstances. This coverage is recommended if you have professionals working for, or on behalf of, your business and billing under your business name.
Do you employ administrative and/or professional staff? Does your clinic engage independent contractors, volunteers, or students? EPL coverage protects you and your business against allegations of employment practice violation, including wrongful termination, discrimination, workplace harassment, and other employment related allegations with Employment Practices Liability insurance.