Recognizing that standard markets are reluctant to offer coverage to non-traditional medical practices, General Star Management Co. has expanded its physicians professional liability program beyond traditional allopathic and osteopathic physicians. The AIM program provides coverage for physicians whose practices integrate alternative modalities such as acupuncture, ayurvedic medicine herbalism, traditional Chinese Medicine and anti-aging medicine with conventional medicine.
Maximum limits available are $1 million/$3 millionexcept for: Florida ($250,000/$750,000); Texas ($200,000/$600,000); and Virginia (limits increased as required by statute). Minimum premium is $10,000. Minimum deductible is $5,000.
Coverage is available on a non-admitted basis through General Star’s designated surplus lines brokers. In states where coverage is available, it is provided by General Star Indemnity Co., except for Connecticut. In Connecticut coverage is provided by General Star National Insurance Co. Both companies are rated “A++” by A.M. Best and “AAA” by Standard and Poor’s. Coverage is not available in Kansas, Indiana, Louisiana, New Mexico, New York, Pennsylvania or South Carolina.
For more information, contact Tom Gossett, assistant vice president, at 312-267-8532 or visit www.GeneralStar.com.
General Star National Insurance Co., General Star Indemnity Co. and General Star Management Company are subsidiaries of General Reinsurance Corp., which is owned by Berkshire Hathaway Inc.
Topics Professional Liability
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