6 Reasons to Call Underwriting

6 reasons to call underwriting

A guest blog by Remy Palumbo, Senior Underwriter

Many of us have a tendency to purchase insurance and then set aside our policy hoping to never need it.  Of course sometimes “life happens” and as a result, there are times when you’ll want to provide the underwriter of your medical professional liability insurance carrier with updates.  A few of these include:

1) When your mailing address and/or practice locations change.

2) When the scope of your duties change (if you are employed or contracting).

3) When you are thinking of retiring or closing the practice.

4) If your total number of practice hours (for locations covered) falls over or under 20 hours per week.

5) If you are not sure a practice scenario (e.g., a new procedure, a restructuring of your practice) is covered.

6) When you complete additional training or certification in a specialty or subspecialty.

In short, we encourage you to call underwriting any time you have questions about your insurance policy.

Remy Palumbo – Senior Underwriter II – Ms. Palumbo joined PRMS in 2003 and is the senior account manager for all individual and group accounts with The Psychiatrists’ Program. She maintains a strong knowledge of the policy contract and works closely with her clients as their advocate. Prior to joining the company, she worked in customer service. She holds her resident Property and Casualty agent license in Virginia and is currently pursuing a CPCU designation. Prior to joining PRMS, Ms. Palumbo attended St. John’s University in Jamaica, New York where she obtained her Bachelor of Science degree in management and finance.

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Actual terms, coverages, conditions and exclusions may vary by state and are subject to underwriting. Insurance coverage provided by
Fair American Insurance and Reinsurance Company (FAIRCO), New York, NY (NAIC 35157). FAIRCO is an authorized carrier in California, ID number 3715-7.
PRMS, The Psychiatrists' Program and the PRMS Owl are registered Trademarks of Transatlantic Holdings, Inc., a parent company of FAIRCO.