All students registered with the University for the relevant term/semester are covered by the School’s malpractice insurance while engaged in any required clinical coursework.
Indiana University is insured by the Old Crescent Insurance Company, a single-parent captive insurance company of Indiana University. School of Medicine students participate in the Indiana Patient Compensation Fund with statuatory limits of $250,000/$750,000. Students in School-approved electives at out-of-state institutions have coverage of $1,000,000 per incident and $3,000,000 aggregate, unless coverage is provided by the out-of-state institution through an affiliation agreement.
The School’s malpractice insurance coverage is limited to registered students enrolled in approved clinical coursework required for degree completion. Because of the lack of malpractice insurance coverage, non-registration with the University for the appropriate term due to unpaid prior academic term fees or any other reason is grounds for removal of the student from clinical coursework. Guest students from other medical schools pursuing one or more clinical rotations at Indiana University cannot be covered under Indiana University’s malpractice insurance and must carry appropriate malpractice coverage through their home institution or through their own purchase.