|
Vendor Services and Discounts - Medical & Office Supply
American Physicians Assurance Corporation
Purchasing Group Can Save You 20% on Liability Insurance
Good news for NPO members:
Members who join the Physicians Network Purchasing Group, which is sponsored by NPO, can save 20% on liability insurance from American Physicians Assurance Corporation.
Effective July 1, 2006, the purchasing group credit has been doubled from its previous level – so now is the perfect time to reconsider the benefits of coverage from American Physicians. Members of the Michigan State Medical Society and the Michigan Osteopathic Association are eligible for an additional 3% discount through their Member Rewards Plan. You may also qualify for merit rating credits, up to a maximum of 60% off base rates:
| PNPG program credit |
20% |
| Member Rewards Plan credit |
3% |
Claims-free credit
Three to five years – 5%
Six to seven years – 10%
Eight or more years – 15% |
Up to 15% |
| Discretionary schedule rating credit |
Up to 45% |
| Maximum potential premium credit |
60% off base rates |
American Physicians has recently partnered with Mark Dupuis of American Professional Liability Group Insurance Agency, Inc., in Charlevoix to provide local representation and service for our members. Mark has more than 25 years of experience in the insurance industry and is available to meet with you to discuss your insurance needs. You can contact him directly at 231-675-1964.
In addition to competitive rates and local service, American Physicians offers unique benefits you won’t find elsewhere:
30% to 100% more annual aggregate coverage at no additional cost. For example, if you currently have policy limits of $200,000 per claim/$600,000 annual aggregate, you’ll get $200,000 per claim/$800,000 annual aggregate. This increase in aggregate limits also applies to the limits for extended reporting endorsements (tail coverage), which is especially important if you are nearing retirement and are depending on your tail aggregate for years to come.
Free on-site risk management assessment (a service valued at $1,500). Forty percent of claims originate from a breakdown in systems and procedures in the office setting, and American Physicians is dedicating resources to help you prevent these losses from occurring. In fact, we believe so strongly in the importance of risk management for medical practices that we provide a free on-site assessment for all newly-insured practices. No other professional liability company is performing this level of risk assessment for policyholders.
For more information about these and other benefits, please go directly to our web site: http://www.apassurance.com/
American Physicians insures more Michigan doctors than any other professional liability company in the state, and has been doing it continuously for three decades. NPO is proud to be working with them to sponsor the Physicians Network Purchasing Group.
|