I am a RN being sued along with the hospital, dr and other nurses in a malpractice suit. If the jury decides for the plaintiff and my malpractice insurance from the hospital does not cover my full part of the award, can I lose my home and other assets?
2007-03-09 11:09:32 · 2 answers · asked by helensfrogs 1 in Business & Finance ➔ Careers & Employment
Check with an attorney. But, I do believe that if your insurance is inadequate then there is a really GREAT chance you could loose everything.
I know that when you have lost the winners may file a lien against everything you have and request the courts make you pay up or sell.
Since this is a medical mal practice remember the appeals process.
I would ask an attorney in your area that can reliably answer that question.
Good Luck.
2007-03-09 11:16:14 · answer #1 · answered by Nana 4 · 0⤊ 0⤋
In most cases if the award is greater than what your insurance company covers, your insurance company will relay the amount covered or offer a settlement amount and get a signed release before they forward the check.
If your insurance company and your lawyer are not competant, you may be in trouble.
2007-03-09 19:24:51 · answer #2 · answered by smile4cobra 3 · 0⤊ 0⤋