As people near the end of their lives, they may need to use the services provided by hospice organizations. These invaluable institutions are responsible for providing care to patients as well as support to the patients’ relatives. In the event that a problem arises that could financially damage them, most organizations protect themselves with hospice coverage.
When providing services to clients, an organization is at risk for encountering a lawsuit. A patient could sue the hospice for anything from negligence to sexual abuse. In addition, if a patient slips and falls, then he or she may claim that the hospice was responsible for the injuries that were sustained. Without having a form of insurance to cover the costs of the lawsuit, an organization could face financial ruin.
Fortunately there are plenty of insurance providers that can supply hospice organizations with hospice coverage. General liability insurance can cover a wide range of different claims, including ones that concern personal injury and property damage. There are also several other services that hospices could utilize. Professional liability coverage, for example, will provide financial assistance in the event that a caregiver performed an error that harmed a patient.
There are many other types of protection that can be secured with hospice coverage. Hospices provide an essential service to their patients, and they require a comprehensive form of insurance to guarantee that they are able to remain operational in the event that a lawsuit occurs.