Additional Coverages

  • -

Danna-Gracey is proud to offer and recommend to you the following additional coverages:


Higher Limits on your Malpractice Coverage: As pricing has decreased in the last several years, we are seeing more doctors carrying higher limits so you might consider a quote.  Limits available are:
•    $250,000/$750,000
•    $500,000/$1.5 Million
•    $1 Million/$3 Million
•    Others upon request and underwriting approval

Investigatory Coverage:  Your basic malpractice insurance policy may or may not include coverage for state, federal, and managed care audits and investigations, including RAC audits and their cousins on steroids!  We have stand-alone investigatory coverage, or if your policy already has it, then you may be eligible to purchase higher limits.

Employment Practices Liability (EPLI): Provides liability insurance protection for employment-related claims made by current, former, and even prospective employees, such as:
•    Wrongful dismissal, discharge, or termination of employment
•    Employment-related misrepresentation
•    Violation of employment discrimination laws
•    Sexual and other harassment
•    Wrongful failure to hire or grant tenure
•    Negligent evaluation
•    Retaliation
•    Invasion of privacy
•    Employment-related defamation or infliction of emotional distress

Internet Protection Coverage: An aggressive, broad coverage that protects doctors against regulatory and liability claims arising from the theft, loss, or accidental transmission of confidential patient or financial information, as well as the cost of data recovery.

Medical Directorship Coverage: Medical liability insurance plans generally cover clinical issues as defined by hands-on care of patients, but do not cover medical director administrative activities and decisions, implementation of resident care policies, or coordination of medical care. Therefore it is necessary to have separate liability insurance that covers the administrative duties and role of the medical director.

IME/Expert Witness Coverage:  Did you know that most medical malpractice policies do not provide coverage for expert witness testimony or independent medical examinations? We also have options for a stand-alone policy that will protect you for these practices.

Long Term Care (LTC) Coverage: As we grow older we all certainly want to protect our families from being financially strapped with our care.  We offer options that will pay you a cash benefit each day without regard for reimbursement paperwork once you lose two or more functions of daily living.  With most LTC coverage you have to file bills for reimbursements, which we don’t think will be on top of a retired doctor’s or administrator’s list in a nursing home!

Term Life Insurance:  Due to recent changes in the life expectancy tables, many term life policies that were purchased even a few years ago are much too expensive so let a specialist review your coverage.  We have saved others considerable amounts.

Group Health Insurance:  Are you struggling with group health insurance costs? We have a number of affordable health insurance options available to fit the needs of your practice.

Professional Employer Organization (PEO):  Have you had an independent evaluation of your PEO or looking to have a better understanding of the available options? We can review your current employment related expenses such as health insurance, workers’ compensation and employee benefits and outline options that are available.

Workers’ Compensation Insurance:  The rates for workers’ compensation insurance are set by the State of Florida. Your practice will pay the same price no matter where you choose to secure coverage. However, under the OptaComp program, you may be eligible for a potential dividend of up to 24.8%.

If you would like more information on any of these products, or to discuss all available options and coverages, please contact the experts at Danna-Gracey at 800.966.2120.