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Business and Personal Insurance

Coverage tailored to physicians and medical practices.
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CAP members can take advantage of CAP Physicians Insurance Agency, Inc. (CAP Agency), a wholly owned subsidiary of CAP, for free advice and consulting on a wide array of insurance products beyond medical malpractice coverage. The experienced insurance professionals of CAP Agency administer the value-added insurance benefits members automatically receive upon joining CAP. CAP Agency provides members with competitively priced insurance products for purchase from carriers rated “A” (Excellent) or better by A.M. Best. For a free consultation, contact CAP Agency or call 800-819-0061.

Business Insurance

The business operations of a medical practice require insurance solutions that are unique from other professions. Filing a claim should not be the first time you review your business insurance. The experienced insurance agents at CAP Agency work with some of the top carriers in the industry to help you get the best pricing on the following insurance products that all businesses should consider.

Business Owner's Policy (BOP)
Business Owner's Policy (BOP)

CAP Agency has arranged to provide CAP members with a business owner’s policy tailored to the needs of the medical practice. A BOP combines a wide range of liability and property coverage into a package that is typically less expensive than purchasing the coverage individually. Typically a BOP includes coverage for:

  • Business Liability
  • Building and Business Personal Property
  • Business Income and Extra Expense
  • Accounts Receivable
  • Valuable Papers
  • Employee Dishonesty

BOP coverage through CAP Agency also includes enhanced features specifically for medical practices.

For more information, contact the CAP Agency at 800-819-0061 or CAPagency@CAPphysicians.com. Or you can fill out this quote request form.

Workers’ Compensation Insurance
Workers’ Compensation Insurance

All California employers must provide Workers' Compensation benefits to their employees. Workers' Compensation insurance pays the medical expenses of injured employees along with compensation for lost income. It also protects the business owner against lawsuits stemming from workplace accidents.

CAP’s Specialized Workers’ Compensation Program, provided through Hanover Insurance Group, offers comprehensive workers’ compensation coverage for medical practices at negotiated low group rates for CAP members.

For more information, contact CAP Agency at 800-819-0061 or CAPAgency@CAPphysicians.com. Or you can fill out this quote request form

MEDEFENSE™ Plus
MEDEFENSE™ Plus

This enhanced coverage of the MedGuard plan protects you against potential expenses related to non-compliance audits and proceedings. MEDEFENSE™ Plus will reimburse you for any legal or audit expense, and/or fines or penalties arising out of:

  • Inquiries by the Medical Board of California
  • Allegations of Medicare/Medicaid and Private Payor fraud and abuse
  • Recovery Audit Contractor (RAC) audits
  • Alleged non-compliance of HIPAA, STARK, or EMTALA regulations
  • Fines and penalties for HIPAA violations

For more information, contact CAP Agency at 800-819-0061 or CAPAgency@CAPphysicians.com.

Employment Practices Liability Insurance (EPLI)
Employment Practices Liability Insurance (EPLI)

EPLI is an often-overlooked but vital coverage for medical practices. This important policy provides for the defense and indemnity costs of:

  • Lawsuits brought by employees, former employees, and job applicants
  • Third parties alleging discrimination, wrongful termination, harassment, and more

For more information, contact CAP Agency at 800-819-0061 or CAPAgency@CAPphysicians.com.

Directors and Officers Liability
Directors and Officers Liability

Protects directors, officers and the entity against liability exposures associated with the operation of corporate entities and partnerships.

For more information, contact CAP Agency at 800-819-0061 or CAPAgency@CAPphysicians.com.

Errors and Omissions
Errors and Omissions

Provides protection to physicians who perform consulting activities apart from patient medical care. Services include:

  • Evaluating court-ordered child custody and child abuse
  • Reviewing medical records for insurance companies
  • Evaluating defendants in criminal cases
  • Providing an expert medical opinion in a civil trial
  • Performing peer review, credentialing, or utilization management for a third party
  • Workers' Compensation and Disability Evaluations

For more information, contact the CAP Agency at 800-819-0061 or capagency@capphysicians.com.

CyberRisk
CyberRisk

As physicians adopt patient electronic medical records and share these records among different health care providers, they are facing an avalanche of new regulations with potential civil monetary fines. Added to HIPAA is the Health Information Technology for Economic and Clinical Health (HITECH) Act, enacted to secure patients’ personal identity and health information.

Traditional property and liability insurance typically does not cover these exposures. Rather, a tailored insurance response is required to address the varied risks now emerging.

In addition to the $50,000 CyberRisk protection CAP members automatically receive, they are eligible to purchase additional coverage with limits of $1 million to further protect you.

For more information, contact CAP Agency at 800-819-0061 or CAPAgency@CAPphysicians.com.

Free HIPAA Training - NAS CyberNET®
Free HIPAA Training - NAS CyberNET®

CAP members and their staff have access to free HIPAA training through NAS CyberNET®. With 24/7 access to online training courses, NAS CyberNET® helps physicians mitigate the risk and impact of a cyber breach. For complete details, please visit our HIPAA training article.

How Much Insurance Do You Really Need?
The Physician's Guide to Choosing the Right Insurance is available to CAP members to help them make informed decisions about business and personal insurance coverage options.
  • Learn about physician-specific insurance programs for you and your practice.
  • Request a free copy via phone 800-819-0061 or by completing the below form.
Life and Disability Insurance

Disability insurance is a difficult item for physicians to shop for because the details of coverage are somewhat nuanced. But it’s important to consider the long-term financial impact should you be unable to work. Whether you are single, married, just starting a family, or retired, life insurance can also be a valuable tool.

Short-term Disability
Short-term Disability

If you find yourself unable to work, our short-term disability insurance will provide funds to help ease the financial stress of a covered illness or injury.​*

  • Pays up to $1,000 a week after 14 days of disability
  • Choice of an 11-week or 24-week benefit period
  • Pays in addition to state disability insurance

*Must be currently working at least 17.5 hours per week/per calendar quarter and not currently disabled or at time coverage becomes effective.  Limited time pre-existing condition exclusion may apply.

Long-term Disability
Long-term Disability

Protects you from the significant financial loss caused by long-term illness or accident by providing you with a monthly income.*

  • Up to 60% of your income or $10,000 per month
  • Available for individuals and groups
  • Higher coverage limits available upon request; height/weight, vitals, blood, urine, and/or medical records may be required

*Must be currently working at least 17.5 hours per week/per calendar quarter and not currently disabled or at time coverage becomes effective.  Limited time pre-existing condition exclusion may apply; $200,000 annual income required to qualify for $10,000 monthly benefit otherwise benefit will be based on 60% maximum.

Benefits Enrollment Portal
Benefits Enrollment Portal

Log into the Benefits Enrollment portal which offers you convenience to enroll online any time. (First-time users must register for an account.) If you are outside of a general open enrollment period, you will only be given access to enroll in the Short and Long Term Disability coverages. Voluntary Benefits and Guaranteed Issue Term Life are only available during open enrollment periods. Other term life options may be available. Please contact CAP Agency for inquiries.

Life Insurance
Life Insurance

Favorable Term Life Insurance purchase options are available to CAP members during an open enrollment period.*

  • Term life: $500,000 maximum guaranteed issue*
  • Spouse term life: $50,000 maximum guaranteed issue*
  • Child term life: $10,000 per dependent*
  • Higher coverage limits available upon request; height/weight, vitals, blood, urine, and/or medical records will be required

*Guaranteed issue available during an open enrollment period only. Must be currently working at least 17.5 hours per week/per calendar quarter and not currently disabled or at time coverage becomes effective.

CAP Group Critical Illness Insurance
CAP Group Critical Illness Insurance

CAP Group Critical Illness Insurance1 pays you, your spouse, and dependent child a lump sum benefit that you select for certain conditions such as cancer, heart attack, stroke or major organ failure. You can use this coverage more than once. If you receive a full benefit payout for a covered illness, your coverage can be continued for the remaining covered conditions. 

Plan Design:

  • Member: $10,000, $20,000 or $30,000 of available coverage
  • Spouse: $5,000, $10,000 or $15,000 of available coverage
  • Dependent Child(ren): Automatically covered at 25% of the member amount

Covered Conditions: 

  • Heart attack, blindness, major organ failure, end-stage renal (kidney) failure, benign brain tumor, coronary artery bypass surgery (25%), cancer, carcinoma in situ (25%), stroke, coma, paralysis

For additional details, please download this flyer. 

1Pre-existing condition exclusions apply. Member must purchase coverage in order to purchase spouse and/or child coverage and must be working at least 17.5 hours a week to be eligible to apply for coverage. Member must purchase coverage in order to purchase spouse and/or child coverage; Spouse issue ages 17 to 64 years only; dependent children ages newborn to 26. Must have comprehensive medical coverage in order to apply for Critical Illness coverage.

CAP Group Accident Insurance
CAP Group Accident Insurance

CAP Group Accident Insurance1 pays you, your spouse, or dependent child a set benefit amount that covers certain conditions in the event of an accident such as hospitalization, blood/plasma/platelet transfusions, burns and joint dislocations.

Plan Design:

  • Coverage any time
  • Portable if you leave CAP or retire
  • Available family coverage

Added Coverage:

  • $50 wellness benefit - per insured, per calendar year for receiving a covered health screening

For complete details, please download this flyer and this schedule of benefits. To enroll now, log into the Member's Area of the CAP website to access the Benefits Enrollment portal.

1Pre-existing condition exclusions apply. Member must purchase coverage in order to purchase spouse and/or child coverage and must be working at least 17.5 hours a week to be eligible to apply for coverage. Member must purchase coverage in order to purchase spouse and/or child coverage; Spouse issue ages 17 to 64 years only; dependent children ages newborn to 26. Must have comprehensive medical coverage in order to apply for Critical Illness coverage.

Life is unpredictable. Be prepared.
Personal Insurance

For independent physicians, what impacts their practice may also impact their personal financial situation and vice versa. Therefore, in addition to protecting the finances of their practices, physicians should also hedge against financial risks that impact them personally.

Group Personal Excess Liability (Personal Umbrella)
Group Personal Excess Liability (Personal Umbrella)

Physicians are vulnerable to personal liability lawsuits, which can generate exposures that easily exceed homeowners and private passenger automobile insurance limits.  CAP Agency offers highly competitive rates on this must-have coverage.

To learn more about how you can better manage your risk with a Group Personal Excess Liability policy, contact Integro Insurance Brokers at 888-939-2377 or capumbrella@integrogroup.com. Or enroll online today.

Dental and Vision Insurance
Dental and Vision

CAP offers affordable health benefits for you, your family, and your employees through MetLife Dental and vision benefits through EyeMed Vision Care. With the extensive network of providers and customizable options, these insurance packages are designed for the small independent practice:

  • Plans are available at significant discounts over the retail market.
  • CAP member practices with at least one employee1 can take advantage of our competitively priced dental and vision programs.
  • Family members2 can be included on insurance plans.
  • Businesses get the tax advantage of deducting plan contributions. (Consult your tax advisor for more information.)

Even if you already have dental and vision plans in place, most plans can be moved with a one-month notice to your current carrier. Compare your current rates and plan benefits with the high-level coverage and exceptional group rates that CAP Physicians Insurance Agency offers. Get a quote or enroll now.

 

1 Employee is defined as: a Permanent W-2 Employee. Both member and employee must be actively working a minimum of 20 hours per week.
2 Dependent is defined as: Spouse, Qualified Domestic Partner, and Dependent Children to age 26. 

Homeowners and Automobile
Homeowners and Automobile

Homeowners and Automobile insurance covers:

  • High-valued homes
  • Vacation homes and rental homes
  • Fine Art, jewelry, and collections
  • High valued vehicles
  • Recreational vehicles
  • Yachts and watercraft
  • Private Aircraft
  • Gentlemen farming and wineries
  • Hard-to-place exposures such as brush, flood, earthquake

Get more information and apply online now.

Pet Insurance
Pet Insurance

CAP has partnered with Petplan pet insurance, so you can provide the love and hugs, and let this coverage help cover the cost of unexpected veterinary bills.  Learn more and sign-up for Petplan Pet Insurance.

Fact
In 2014, 5.3 percent of insured homes experienced a claim. Property damage, including theft, accounted for 97.3 percent of those claims.
  • Insurance Information Institute

Contact CAP Agency

Apply now! Enjoy the benefits of CAP protection.