What it does
PR 20 03 is the additional insured – employees endorsement for use with the allied health care providers claims-made coverage form (PR 00 06). It extends insured status to the named insured's employees for professional liability claims, on the terms of the endorsement.
Program context
ISO's medical professional liability (PR) program provides separate coverage forms for physicians, surgeons and dentists; hospitals; allied health care providers; blood banks; diagnostic testing laboratories; optometrists; and veterinarians, each in an occurrence version and a claims-made version, with matching declarations (PR DS 01 to PR DS 07) and shared endorsements. Forms lists show the 09 08 edition as current. ISO has filed this as its Simplified Medical Professional Liability program.
Who needs it
Therapy clinics, home health agencies and similar allied health employers.
Quoting and selling notes
- Additional insureds share the policy limits.
- Ask about independent contractors, who are not employees under the endorsement.
- Keep the retroactive date consistent for employees covered over several policy years.
