Healthcare Professionals Insurance Company Will No Longer Offer Excess Professional Liability Coverage
By Melissa on April 18, 2017
Effective July 1, 2017, Healthcare Professionals Insurance Company will no longer offer excess liability coverage for either the NYS Section 18 program or for the Direct Pay option. HPIC has made arrangements with Medical Liability Mutual Insurance Company (MLMIC) to provide this coverage going forward for HPIC's insureds.
HPIC will mail its policyholders information regarding this seamless transition on May 1, 2017 and is assisting in continuing their excess coverage with MLMIC effective July 1, 2017. HPIC and MLMIC are working together to ensure a smooth transition in the renewal of coverage from HPIC to MLMIC. There will be no change in the coverage or eligibility requirements for excess professional liability coverage. The process will also remain the same.
To secure coverage for the upcoming policy period July 1, 2017 - July 1, 2018, HPIC policyholders will need to complete and return the application by fax or regular mail in the reply envelope by June 1, 2017. Completing and returning the application as soon as possible will insure the policyholder uninterrupted excess coverage.
Applications for physicians who were not covered by HPIC in the 2016 - 2017 policy year, can obtain a MLMIC Section 18 application by calling MLMIC at 1.888.672.1844 or by visiting the MLMIC website at the following link: Click Here
HPIC claims will still be processed through HPIC's Albany Claims office.
If you have any questions, please contact our Underwriting Department at 518.862.0110 or 866.374.4742.