Pharmacists Mutual Introduce PM Vet Protect
PRODUCT: PM Vet Protect
COMPANIES: Pharmacists Mutual
BEST RATING: A-
AVAILABILITY: Appointed agents and brokers only.
FOCUS: Pharmacists Mutual has introduced PM Vet Protect, a specialized product designed to support veterinary professionals and practices. Developed by licensed veterinary professionals, it addresses the unique risks these practitioners face every day, ensuring protection designed for the realities of veterinary practice.
“PM Vet Protect ensures industry-specific protection, backed by experts who truly understand the professions they serve,” says Chris Ward, head of distribution, Pharmacists Mutual Insurance Group.
COVERAGE DETAILS: PM Vet Protect offers tailored protection for veterinary professionals. It includes professional liability with business entity coverage and access to licensed defense counsel, plus options for business owners protection that combine property and general liability coverage for complete practice protection.
The product primarily protects veterinarians from malpractice claims, with coverage for both individuals and entities, and includes $100,000 in license defense coverage with no extra premium. Coverage follows the insured whether they’re practicing in the clinic, teaching vet classes or volunteering their services. Limits up to $5 million per occurrence and $5 million aggregate are available.
Additional options, such as workers compensation, commercial auto and umbrella coverage, are also available to safeguard every part of a veterinary business.
UNDERWRITING: PM Vet Protect is rated based on the primary type of animals they work with.
TARGET: PM Vet Protect is designed specifically for veterinary professionals and practices of all sizes. It provides coverage tailored to the veterinary field, supporting everyone from independent veterinarians to large multi-location practices. The program protects the full range of roles, including veterinarians, veterinary technicians and support staff, with solutions customized to the unique risks of animal care.
COVERAGE AVAILABILITY: Available in all U.S. states except New York and New Jersey.
CONTACT: Chris Ward, head of distribution, Pharmacists Mutual Insurance Group; 808 US-18, Algona, IA 50511; 515.295.2461 ext. 7117.
Will Jones is IA editor-in-chief.
