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How much professional liability insurance does a hospital need?
Wiki User
∙ 12y ago
The annual aggregate exposure of the facility would dictate the amount of coverage required. Most facilities can make due with a few million up to 10 or 20 million dollars per claim coverage.
But bear in mind that a large facility could potentially have many malpractice claims pending at any one time. So an annual aggregate limit should be much higher perhaps in the range of 50 to 100 million per year.
AnswerI would think in the many millions to billions area. Contact an agent they will be able to assist you with the amount needed.Wiki User
∙ 12y ago
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