FAQ > Applying for Coverage
- Do I need to send a payment with my application?
- How quickly can my coverage begin?
- Do you have a discount for new graduates? Am I eligible?
- The application questions whether I am employed or self-employed. How do I determine that?
- Am I eligible for the part-time discount? If I apply on-line, how do I take advantage of this discount?
- I hold two different healthcare professional licenses. How do I obtain coverage for both?
- As a Physical Therapist, I am working as a PRN (per diem) at a local hospital; how do I obtain coverage?
1. Do I need to send a payment with my application?
You can send a payment with your application, but in most cases, it's not necessary. Only when you apply on-line will you be required to submit payment with your application, as your credit card takes the place of your signature. By sending a payment with your application, you can activate your policy and guarantee your professional liability coverage for one year, as long as you are approved.
If you choose not to send payment with your application, that's okay; our policy comes with a 30-day free look! If you agree with us that our coverage meets your professional needs, you can mail your check or pay your premium on-line by using our My Account feature. You may also call us toll-free at 1-800-982-9491 and pay your premium with your credit card (Visa, M/C, AMEX, Discover) over the phone - whatever is easiest for you!
2. How quickly can my coverage begin?
Your coverage can begin when your completed application is approved and payment is received. We can usually make this happen in one day if you choose to apply on-line. If you decide to fax your application (1-800-739-8818), your application will be processed within 2-3 business days in most cases.
Your application processing time may be extended if we need additional information from you.
3. Do you have a discount for new graduates? Am I eligible?
Yes, we do offer a 50% discount off of our full-time rate if you have graduated from school within the previous twelve months.
In order to take advantage of this discount when you apply on-line, you can simply indicate your graduation date in the appropriate field on the application form.
4. The application questions whether I am employed or self-employed. How do I determine that?
In nearly every case, we offer the same coverage and benefits to you whether you are employed or self-employed. Our policy is flexible enough to protect you when you change careers, so you can pursue your livelihood knowing that you can always have adequate coverage.
A good way to determine whether you are considered an employee of a company is whether or not your company takes taxes out of your pay and files a W2 form with the IRS at the end of the year. If this is the case, you can indicate that you are employed. Generally, self-employed professionals receive a 1099 Form from the entity they have performed services for.
If you are both (working for different companies in different capacities), then you can apply as "self-employed" to be protected for both your employed and self-employed work.
5. Am I eligible for the part-time discount? If I apply on-line, how do I take advantage of this discount?
We offer a part-time discount to certain healthcare providers based on the number of hours worked. If your full-time premium exceeds $100 per year, and you work 24 hours per week or less considering all of the work that you do, you would be eligible for this discount.
Keep in mind that our part-time discount does reduce certain coverages on your policy (all coverages except your Professional Liability coverage part are reduced by 50%).
To take advantage of this discount when you apply on-line, simply indicate under the appropriate question on the application form that you are working part-time and you will receive the proper discount on your policy.
6. I hold two different healthcare professional licenses. How do I obtain coverage for both?
We provide coverage for over 70 different types of healthcare professional licenses and certifications. We will cover you for any of those licenses that you hold. Your premium will be determined by whichever of your licenses carries the higher premium.
For example, you may be licensed as an Athletic Trainer and a Physical Therapist Assistant. Your premium would be based on the rate for an Athletic Trainer (based on your work status) and you would receive coverage for your PTA license at no additional cost.
In order to obtain coverage for your dual professions, we recommend that you contact us, and tell us about your situation, so that we can advise you on how to proceed.
7. As a Physical Therapist, I am working as a PRN (per diem) at a local hospital; how do I obtain coverage?
As a PRN, you should apply for coverage as a self-employed individual. You can click here for a quick quote and our on-line application form.
Upon receipt of your application, Healthcare Providers Service Organization will process the application and, if approved, a certificate of insurance and bill will be sent to you. If immediate coverage is required, please provide a fax number and indicate on the application that you would prefer a faxed certificate as soon as possible. We can usually fax your Certificate of Insurance to you within 24 hours, if additional information is not needed to process your application
