Excerpted from insurancenewsnet.com |  January 26, 2012

The physician's own coverage usually has an option for tail coverage with stated terms, typically a percent of the annual premium, notes John Geisbush, placement leader for the healthcare practice of Marsh, an insurance broker and risk adviser based in Phoenix, AZ. If you want to obtain the tail coverage through that policy, you're stuck with those terms, he explains.

"The fact that we have freestanding tail options is a positive development," Geisbush says. "We didn't have any freestanding options in the past. It's a limited market now, but I think we may see an expansion of those options."

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