What is a tail policy or tail coverage?
A. A tail insurance policy is additional insurance coverage that covers any claims made after a claims-made policy expires or is cancelled. Since most healthcare providers carry claims made insurance policies, tail insurance provides important protection against claims that could be made months or even years after care was provided to a patient.
A. A tail insurance policy is an endorsement to the current policy that extends the reporting period of a claim after a claims-made ploicy has expired or has been canceled. Since most healthcare providers carry claims made insurance policies, tail insurance provides important protection against claims that could be made months or even years after care was provided to a patient.