Is malpractice insurance worth it?

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I work for a large hospital system as a floor nurse. I'm curious to know if getting insurance is a good thing to have. I have been given mixed reviews about it. Higher ups (at work) say it's not needed if you follow protocol to a t (I understand that and try to do so!). However, I've also heard that you're a target for malpractice if the other party learns that you have insurance- you're an even bigger target and on a radar. I'll take any stories/experiences you want to share.

Specializes in Pediatrics, PICU.

We were advised by instructors in my ASN program over 15 years ago to carry a personal policy, and I have always done so. I am in school for my MSN now, and it is required for all students by my program. Thankfully, I have not needed to use the insurance but it is worth the $110/yr for some peace of mind.

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Specializes in Vents, Telemetry, Home Care, Home infusion.

Have had a Nursing Professional Policy since 1977....never used the policy. $125 yearly fee priceless in order to protect my nursing license.

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Specializes in Sm Bus Mgmt, Operations, Planning, HR, Coaching.

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