P.I.E. offers a claims-made insurance policy which is the current industry standard. Coverage is available for dentists who practice hospital dentistry or perform minimal to moderate I.V. sedation, either themselves or with the help of a qualified anesthesiologist or nurse anesthetist, in their own office. Minimal to moderate oral sedation coverage is also available under the same classification. Coverage is also provided for dentists who have their dental hygienists perform local anesthetics. Premiums are very reasonable and, as is typical with claims-made policies, start out relatively low and step up to a mature rate which remains constant from the fifth year of coverage onward. Discounted rates are available for recent dental graduates as well.
The liability limits offered by Professional Insurance Exchange Mutual, Inc. are industry standard at $1 million per claim and $3 million annual aggregate. After January 1, 2018, liability limits of $2 million per claim/$6 million annual aggregate will also be available as an option at an additional premium.
The Company retains a team of experienced lawyers at the firms of Snow, Christensen & Martineau, Gross and Rooney, and Dunn and Dunn. Our lawyers are instrumental in defending claims and negotiating reasonable settlements when necessary.