I know I sound like a broken record on this issue, but all the threads on professional liability insurance
always seem to focus on getting sued. Let's be realistic -- statistically
, the chances of any nurse being sued for malpractice are very
slim. It's not really a big concern (of course, as the saying goes, if it happens to YOU, your chances are 100%
). However, all the standard liability policies for nurses include coverage (payment for legal representation) for if you have to defend your license before the BON or if you're called as a witness
against someone else
(oh, say, a physician ...) in a lawsuit. Either of those situations is much more likely to occur, over the course of your career, than you being sued; in either case, you'd certainly want (need!) to have legal representation; and, in either case, a lawyer would cost you more per hour
(out of your pocket
) than the annual premium (in most cases) for your insurance. The standard nursing liability policies also often include salary replacement for the days you're out of work because you're in court or BON hearings, and other random little bennies. Seems like a pretty good deal to me!
I've never worked a day without my own coverage. So far, knock on wood
, I've never needed it -- but that could change tomorrow, and I'm sure glad I've got it!