Liability Insurance: Counselors and Therapists

  • Friday, May 31, 2019
professional liability insurance counseling, professional liability insurance for mental health providers, mental health professional liability, malpractice insurance for therapists

Professional Liability aka Malpractice Insurance protects professional services such as mental health, counseling, therapy, etc. But what about teletherapy or cyber liability coverage? Online or in-person: CPH & Associates has you covered.

Online therapy (teletherapy, telehealth) is booming and to the benefit of mental health professionals and their clients. With online platforms like TheraPlatform , therapists have the flexibility to work from just about anywhere and their clients can book sessions with ease and convenience. It’s important to know if your professional liability insurance provider is there to support your practice. CPH & Associates and TheraPlatform have teamed up to provide affordable and comprehensive coverage.


What is Professional Liability Insurance?

Professional Liability and Malpractice Insurance are different terms referring to the same thing: protection for your professional services. Mental Health Professionals dedicate their careers to helping their clients. With professional liability insurance, you have peace of mind knowing you’re protected in the event of a claim or suit, or a grievance from a regulatory board.

 

CPH Insurance Coverage Highlights Include:

 

  • Portable, Occurrence lifetime coverage follows your licensure or certification
  • Unlimited defense coverage
  • $35,000 State licensing board defense coverage
  • Optional General Liability and Property Coverage (The CPH TOP™)
  • Deposition/Subpoena expense coverage
  • Attorney helpline – 2 free hours of attorney consultation
  • A++ rated carrier for Financial Stability by A.M. Best Co.

 

CPH & Associates specializes in coverage for students, provisionally licensed interns and fully licensed professionals at competitive rates. The premium for self-employed or part-time providers start at $115/year and increases according to specialty and caseload. Corporate coverage is also available to providers who own and operate their own practice (LLC, PLLC, or S-Corp) with premiums beginning at $320/year. Discounts for newly licensed professionals and those who have completed an approved risk management course in law or ethics, as well as group discounts are available.

 Does CPH coverage include coverage for teletherapy?

Yes, online therapy is covered provided 1) such practice is authorized (or allowable) under the scope of your license in the state where you practice, 2) you are performing such services lawfully and the online platform you're utilizing is HIPAA compliant. Utilize your state-specific resources and contact your state licensing board if you are unsure.

 What about Cyber liability coverage?

If electronic data stored on your computer is lost, stolen, or compromised, the cost of restoring it can be significant. You may also be held liable for damages to third parties – those individuals whose data has been compromised. An example is a damage to your electronic data files caused by a hacker. Or, a lawsuit in which a client sues you for negligence after his personal data is stolen from your computer system and released online. CPH’s Cyber liability is protection for you in the event of a breach of your client’s electronically-stored information.

Coverage highlights include:

  • Security Event Costs: Reimbursement for costs that are a result of Security Breach, Privacy Breach or breach of privacy regulations
  • Network Security and Privacy Liability Coverage: Coverage for damages you are legally obligated to pay as a result of a security breach or privacy breach
  • Customer Notification Expense Sublimit: Expenses to notify customers of actual or suspected breach to their non-public information
  • Public Relationship Expenses: Expenses to re-establish your reputation or public image that was damaged as a result of a breach

You must have a professional liability policy with CPH & Associates in order to add the claims-made cyber liability endorsement. Two limits are currently available*, $15,000 ($87/year) and $25,000 ($141/year).

*CPH’s cyber liability is NOT currently available in the following states: Colorado, Florida, New Hampshire and Virginia and will never be offered to the states of Alaska, Louisiana, North Dakota, New York and New Mexico.

Simply put, Professional liability insurance is designed to protect you in the event you’re held liable for damages caused by your professional services. Visit CPH & Associates online to get a quote and apply to protect your practice as an individual provider or business entity. https://www.cphins.com/theraplatform/


This guest blog was written and provided by CPH & Associates

About CPH & Associate: Over the last decade, more than half a million mental and allied health professionals chose CPH & Associates for liability insurance. Because our business is specialized, we are able to focus on your liability needs in a way that bigger companies are not. Our team of associates represent over 50 years of collective experience in this field, and we are able to serve a large client base while maintaining a small-office approach. 


ResourcesInsurance
informed consent forms, informed consent in counseling, therapy consent forms, client consent form, consent to treat mental health,consent forms templates, consent forms private practice, consent for teletherapy, consent form example, consent form for telehealth, consent form for telemental health, consent form for telespeech, consent form for telepractice, consent form for telepschyology, consent forms for SLPs, consent forms speech therapy, consent forms OT, consent for PT, consent form physical therapy, consent form occupational therapy, consent form counseling, teletherapy, telemental health, telepractice, consent form social worker, informed consent, consent to treat mental health, telehealth mental health, telehealth counseling, documents for teletherapy clients,paperwork for teletherapy

3/11/2019

Telehealth Consent Form – The Struggle is Real

Telehealth Consent Form, misconceptions and tips will be covered in this blog article. As a licensed clinician, you are likely required to obtain consent form for treatment. Depending on where you are in the world, you may have more than one type of consent that is required. You probably have standard consent form(s) and a process that you use to get it signed. Easy right? Well, yes, if the client is sitting in your waiting room.But what about your telehealth clients? What are the requirements for telehealth consent form in your jurisdiction? And, working virtually, just how do you get it signed? These are the dilemmas that telehealth clinicians have to work with on a daily basis.

teletherapy, telehealth getting started in teletherapy, getting started in telepractice, getting started in telehealth, telemental health, telepractice, how to launch online therapy, online therapy, getting started in online therapy; ,teletherapy mental health, online therapy, launching telepractice,online counseling,telepsychiatry, telcounseling, telehealth, telehealth platform, HIPAA compliant video conferencing platform, HIPAA compliant video conferencing, how to start online therapy

2/21/2019

Beyond the Preparation: 4 Ways to Launch Your Teletherapy (Telehealth) Practice

You’ve done the training on telehealth and you’re ready to offer telehealth (teletherapy) services. What’s next? Here are 4 ways of launching teletherapy (online therapy) practice.

Teletherapy e-book

Subscribe to our blog

    Blog Categories
    Resources
    Teletherapy
    Law
    Telepractice
    Marketing
    Getting Started
    Press
    Behavioral Therapy
    Insurance
    Case Studies

    Latest Posts

    • Where Occupational Therapy and Mental Health Meet

      Friday, September 17, 2021

      Occupational therapy has a strong historical connection to mental health.  Therapists can work with individuals and populations in a variety of settings to promote positive mental health.  Several OT skills that we use in multiple environments can be easily adapted to support mental health populations. 

    • Top Occupational Therapy Blogs of 2021

      Thursday, September 2, 2021

      TheraPlatform aims to provide occupational therapists with the best resources and has created this list of occupational therapy blogs making waves in 2021.  Blogs were selected based on excellent content, unique insight, potential applicability to the reader’s practice, recent activity, and overall quality. 

    • The 10 Principles of Recovery

      Friday, August 27, 2021

      In 2010, the Substance Abuse and Mental Health Services Administration (SAMHSA) created an expanded definition of recovery to include people who are both suffering from addiction and mental health illnesses.  The principles of recovery apply to both populations.  Therefore, the content of this article pertains to both individuals recovering from mental health illness and addiction.

    Download FREE Resources
    Anger Management Worksheets
    Anxiety Worksheets
    Couples Therapy Worksheets
    Self-esteem Worksheets
    DBT Worksheets
    Therapy Notes Templates
    Emotional Literacy Worksheets
    Addiction and Recovery Worksheets
    Group Therapy Worksheets