There's no better solution for physicians who want to take charge of their financial future.

Physhield writes medical professional liability insurance on a claims-made basis for qualifying physician groups and organizations in all specialties and their professional partnerships, associations or corporations in Florida, Texas and Nevada with future expansion available into all 50 states and US territories.

Physhield provides the appropriate policy limits for each locality, specifically $250,000 per occurrence and $750,000 in the aggregate for Florida physicians, $200,000 per occurrence and $600,000 in the aggregate for Texas physicians and $1 million per occurrence and $3 million in the aggregate for Nevada physicians. Coverage for the costs of defense is outside of the policy limits.

Policies are issued for a twelve-month term renewable for successive twelve-month periods effective on the policy anniversary date at the rates and terms then in effect. Coverage under any policy is effective on the first of any month. The company may issue retroactive ('nose') coverage in select instances and will offer 'tail' coverage to physicians discontinuing their Physhield coverage.

The program offers premium rates better than traditional insurers and many captives. We require physicians to make a one-time surplus contribution in the first year of one third of their mature, claims made premium. This contribution is refundable and allows physicians to become owners and to share future underwriting and investment profits. There is no start-up capital requirement, which could total $1 million or more for equivalent captives. Physhield is a risk retention group that is not assessable.

Click here to request a comparison of your group's current medical professional liability insurance coverage and premium versus Physhield's.