What does casualty insurance protect in a medical practice?

Casualty insurance within a medical practice primarily addresses protection against financial liabilities resulting from incidents that may occur within the practice environment. This form of insurance specifically covers claims related to injuries or accidents that may happen on the premises, which can include legal claims made by patients or third parties.

In the context of this question, financial liabilities from patient legal claims—often associated with malpractice—are generally covered under a different form of insurance known as malpractice or professional liability insurance. This means that casualty insurance is not the correct type of coverage for such liabilities.

Employee misconduct, while a serious issue, is typically addressed through different provisions such as employment practices liability insurance rather than casualty insurance.

Property damage or loss is part of another category of insurance, which often includes property insurance that specifically protects the physical assets of the medical practice such as the building, furniture, and medical equipment from damage or theft.

Medical equipment depreciation refers to the loss in value of medical equipment over time and is not covered by casualty insurance. This area might be addressed through different financial planning strategies or specific inventory management practices rather than an insurance policy.

Thus, casualty insurance predominantly safeguards against liability arising from injuries and accidents which may directly occur as part of the operational activities within a medical practice.