Pharmacists Mutual Introduces New Individual Pharmacy Technician Professional Liability Policy
Algona, Iowa – Pharmacists Mutual Insurance Company, with its century-long legacy for personalized service to its members nationwide, is pleased to unveil professional liability coverage specifically for Pharmacy Technicians. The pharmacy technician profession is ever-changing and expanding. With these changes, there is an increase in professional liability exposure for the technician. Pharmacists Mutual acknowledges the need and has developed a professional liability product specifically tailored to cover a pharmacy technician's evolving role.
The Individual Pharmacy Technician Professional Liability Policy is designed to support a broad range of technician's duties, including processing prescriptions, compounding, tech-check-tech services, remote pharmacy-related services, and administering immunizations, where allowed. Coverage is also offered for legal expenses involving a disciplinary action involving the technician license or certification, a HIPAA privacy violation, or allegations of sexual abuse while providing professional services. Unlike coverage that may or may not be included under an employer's policy, Pharmacists Mutual's individual professional liability policy offers 24/7/365 coverage – whether as an employee or an individual, outside of work. For coverage details and to apply, visit phmic.com/pharmacy-technician-professional-liability/.
When it comes to insuring a pharmacy, pharmacist, or pharmacy technician, no company understands this business better than Pharmacists Mutual. "We strive to keep up-to-date of the changes within the pharmacy profession and the other market segments we cover. Over the past few years alone, the changes in the pharmacy profession have led to the scope of practice of a technician expanding greatly," explained Edward Yorty, President and CEO of Pharmacists Mutual Insurance Group. "We are excited to unveil our new Individual Pharmacy Technician Professional Liability Policy offering customized coverage and services we provide all of our members."
About Pharmacists Mutual Insurance Company
Pharmacists Mutual Insurance Company has been a nationally recognized leader in insurance and risk management solutions since 1909. Pharmacists Mutual offers professional liability, commercial, and personal insurance products. The company is financially stable, rated "A" Excellent* by AM Best, and named to the Ward's 50® list of top-performing property-casualty insurance companies. The company employs nearly 300 professionals through its operations across 50 states, the District of Columbia, and Puerto Rico. Learn more about Pharmacists Mutual Insurance Company and its full product line at phmic.com.
*AM Best Financial strength rating is an independent opinion.