Tuesday, February 15, 2011

If my malpractice insurance is not enough to cover award, will I lose my assets?

I am a nurse being sued along with the hospital, the doctor and nurses in a malpractice suit. If the jury decides in favor of the plaintiff, and my malpractice insurance does not cover the hospital in my part of the sentence, I can lose my house and other assets? Consult a lawyer. But I think if the insurance is inadequate, since it is a good chance you can lose everything. I know that when you have lost the winners can have a guarantee against everything we have and ask the judge to make you pay or sell. As this is a model of medical practice to remember the appeal process. I will ask an attorney in your area you can confidently answer that question. Good luck. In most cases, if the price is higher than the insurance covers, the insurer will retransmit the sum insured or offer a settlement amount and obtain a signed authorization before they presented the check. If your insurance company and the lawyer is not competent you may be in trouble.

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