People put a lot of faith into the physical therapists that they are dealing with. If you have ever been or are currently a physical therapist, then you know what kind of liability you are to your clients. If you want to better prepare for a situation in which you would be sued for something that you did or did not do as the professional physical therapist that you are, and then you need to consider getting some liability insurance for yourself, just as a social worker would consider obtaining social workers professional liability coverage. In doing this, you will be able to know that even if you were to get sued for something that you did or did not do, you would still be able to carry on with your practice because you would not have to worry about the money that you would otherwise have to pay in order to cover the costs of the lawsuit that would come about.
The best way to determine what the value is for this kind of coverage is to show you a situation in which having professional liability insurance would be a good idea. In doing this, you will better be able to determine if it is something that would interest you or if you would rather not have to deal with it. In any case, you should at least be educated on the matter.
Physical Therapy and Liability Cover
Let’s say that you are a physical trainer to a young woman who is training for a race across the country on bikes. You have been working with her for a few weeks now on building tone as well as enhancing her endurance. You have also been personally helping her stretch because it is important to have limber muscles when you are biking for such long distances. After working with her for about three to four weeks, you get a call from her attorney. Apparently, some of the muscle stretches you have been doing were too intense and it tore some muscles in her thighs. She is now not going to be able to compete in the race. She expected to at least place in the top 10. This means that she at least expected to make $40,000, which was the 10th place prize. It was suppose to be her salary for a few weeks while she got some sponsors for the next race.
The attorney claims that this means that you have ruined her chances to make a future income and she is suing you for the prize that she expected to take as well as future earnings potential. The final bill comes out to be $450,000. If you did not have professional liability insurance, this lawsuit would likely financially destroy you. This is why it is so important for you to have this kind of coverage. It will protect you from something like that happening that could cause you to need some kind of monetary backing. In any case, check into these kinds of coverage more seriously if you want protection.
Now that you know more about professional liability insurance for physical therapists, you will be able to make a better determination about whether or not doing this kind of thing would be good for you. Though there are a lot more situations that you could get into that you would need this kind of coverage, this situation represents all of them. Just consider it if nothing else so that your decision is as educated as it can be when the time comes for you to pick some coverage for yourself.