Professional Liability
At Nevada Mutual Insurance Company, we pledge to uphold strong
underwriting principles, to fight for our clients' legal rights
and to assist in development of a business environment that
allows doctors to practice medicine.
Consent to settle
No claim is settled without your written permission.
Discounts and payment options
We offer new doctor, part-time practice, risk management, and voluntary deductible
discounts to name a few. Standard payment schedule is quarterly,
but do we have other options available.
Claims-made coverage
This coverage protects you from claims filed while a policy
is in effect. Standard coverage is $1million per claim/$3 million
annual aggregate.
Retroactive coverage (nose)
This coverage protects you from claims filed on incidents during
a previous policy's coverage period.
Tail coverage
Tail coverage protects you from claims filed after a policy
has expired. If the physician has been a member of NMIC for
five or more years, free tail coverage is provided upon the
physician's full retirement. Free tail
coverage is also provided if the policyholder suffers permanent
and total disability or in the event the policyholder dies.
Extended leave options
We offer discounted extended-leave options for military deployments and certain other
involuntary obligations approved by the company.
Entity coverage
Upon request we offer shared or separate limits of liability.
All policy provisions are subject to underwriting approval.
This published language should not be construed as a coverage
interpretation of the policy in whole or in part. Any actual
coverage determination would be subject to all terms and conditions
of the actual policy, endorsements, application and any actual
claim.