View this article online: https://www.insurancejournal.com/news/national/2018/03/09/482819.htm

Hiscox Launches Mental Health Professional Liability Policy

Hiscox has added new coverages to its insurance policy for U.S. businesses in the mental health industry. Hiscox PRO Outpatient Mental Healthcare Professional Liability offers a variety of specialized benefits for mental health professionals tailored to cover emerging risks in the allied healthcare field.

Coverage will apply to claims involving a variety of areas and treatment options, including:

• Outpatient mental healthcare
• Behavioral therapy
• Substance abuse counseling
• Medication management
• Partial hospitalization or intensive outpatient programs
• Remote therapy (teletherapy)

Medical directors, non-physician employees, independent contractors, students, volunteers (including mid-level providers) and employed or contracted physicians by endorsement are also included as insureds and receive key benefits, such as:

• Waiver of retention available for outpatient mental healthcare practices following exemplary risk management standards
• Billing and regulatory errors sublimit
• Sexual abuse and misconduct sublimit
• HIPAA liability sublimit
• Reported incident trigger of coverage
• Affirmative coverage for remote therapy services
• Duty to defend

The Hiscox PRO Outpatient Mental Healthcare Professional Liability offering can be combined with other insurance products, including general liability, technology E&O, and crime and privacy, to create packages of coverage for each individual business’s needs.

In the US, Hiscox offers general liability coverage alongside a portfolio of executive risk, professional liability, property insurance and a full suite of small business insurance products. Hiscox USA operates offices in New York; Atlanta; Chicago; Dallas; Los Angeles; San Francisco, and White Plains, N.Y.