Tail Coverage

Your Guide to Post-Policy Protection

With physician movement and turnover increasing in recent years, there has been a growing need for more cost-effective tail options. As you may know, obtaining tail coverage can be very expensive, typically costing 200% of your expiring premium with your existing carrier. However, you should be aware that there are tail options in addition to your current carrier that could save you significant money on your tail costs.

Stand-alone tail coverage provides coverage for potential claims after the original malpractice insurance policy has been cancelled. It is essential to obtain quality tail coverage in order to ensure you are properly protected.

At PLI Consultants, our network of licensed agents can provide stand-alone tail coverage that could save you significant money on your tail costs without sacrificing quality of coverage. Our stand-alone tail carriers can offer “A” rated coverage, 10%-35% less than your existing carrier’s tail quote. We use our access to numerous stand-alone tail carriers to obtain multiple tail quotes and have them compete with each other in order to provide the most cost-effective solution available.

Before you simply purchase tail coverage through your incumbent carrier, make sure you are receiving the most cost-effective tail coverage available by contacting us today!

A common circumstance where tail coverage is needed:

A physician leaving employment with a group practice where coverage was provided by the group, but the physician is required to purchase tail upon departure.
A group practice that provides its physicians with coverage during employment and is obligated to purchase tail for a departing physician.
A physician who will be selling his or her private practice and no longer needs individual malpractice insurance coverage.
A physician who joins a hospital or group setting and no longer needs his or her own individual malpractice insurance coverage.