What type of insurance is designed to protect healthcare professionals from negligence claims?

Medical Malpractice Insurance is specifically designed to protect healthcare professionals, such as doctors, nurses, and hospitals, from claims of negligence related to the services they provide to patients. This type of insurance covers the legal defense costs and any settlements or judgments that may arise from allegations of malpractice. It addresses claims resulting from errors in diagnosis, treatment, or patient management, which can be critical for healthcare providers operating in a high-risk environment.

The focus on negligence claims makes Medical Malpractice Insurance essential for healthcare professionals, as it provides financial protection against lawsuits that can arise from their clinical decisions and actions. While other types of insurance, such as Errors and Omissions Insurance, might seem relevant because they also deal with negligence in a broader sense, they are typically geared towards different professions like real estate agents or consultants, not specifically healthcare.