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Employment Agreement between Physician and Professional Limited Form

Employment Agreement between Physician and Professional Limited Form

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Instructions and help about Employment Agreement Between Physician And Professional Limited

today I'm going to talk about who pays for tail coverage one many employers who do have claims made insurance they may make the physician pay for tail Insurance unless the employer terminates them without cause some places will do it as for given over time so let me give an example many places will say all right if the physician completes one year of employment then the employer will pay 25% of the tail cost and then 2 years 50% 3 or 75 if they're there for 4 years then the employer will pay for the entire amount if it's not listed in the Employment contract it really is up in the air of who's going to be responsible for it it's a key term to most agreements you need to identify what policy you have what your annual premium is and then if you're responsible for tail then just double whatever your annual premium is and that's a good indication of what you'll have to pay for tail insurance it's a onetime cost you don

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