Episode 34 - Ketamine Clinic Insurance: Expert Insights with Canyon Clifton

Insurance is one of the most crucial yet misunderstood aspects of running a ketamine clinic. Many medical professionals assume their existing malpractice coverage extends to ketamine therapy, only to discover costly gaps when it's too late. In this essential episode of the Ketamine StartUp Podcast, Sam sits down with Canyon Clifton, a specialist insurance agent whose family business (Clifton Insurance Agency, Inc) has been serving medical professionals since 1982 and has become a leading expert in ketamine clinic coverage. Canyon shares insider knowledge about coverage requirements, common mistakes, claims processes, and strategic insurance planning that every ketamine clinic owner needs to understand. This conversation provides practical guidance for protecting your practice, your assets, and your professional future in the evolving ketamine therapy landscape.What You’ll Learn:・The biggest insurance mistakes ketamine clinic owners make and how to avoid them・Essential coverage types beyond malpractice: cyber liability, business interruption, and property insurance・Real-world claims processes and how to protect your practice from costly litigationEpisode 34 show notes:00:00 Teaser - Don't Forget to Update Your Insurance00:38 Welcome to the Ketamine Startup Podcast01:30 Meet Canyon Clifton02:12 Common Insurance Mistakes in Ketamine Clinics03:15 Understanding Insurance Policies and Coverage07:05 Admitted vs. Non-Admitted Insurance Carriers11:48 Essential Insurance Types for Ketamine Clinics14:11 Additional Insurance Enhancements15:48 Niche Market Focus18:27 Handling Insurance Claims and Lawsuits22:01 Risk Mitigation and Patient Care24:15 The Legal Process Post-Lawsuit29:14 The Hammer Clause and Settlement Decisions36:43 Understanding Lawsuits in Ketamine Therapy37:30 Choosing the Right Insurance for Your Practice38:04 The Importance of Reading Your Insurance Policy38:53 Working with Insurance Agents and Brokers40:06 Preparing for Insurance as a New Ketamine Clinic41:09 Simplifying the Insurance Application Process46:21 Commercial Business Liability and Fire Scenarios57:54 Rapid Fire Questions with Canyon01:02:46 Conclusion and Contact InformationThanks for listeningConnect with Canyon at:Clifton Insurance Agency Website - Mention “Ketamine StartUp” and receive FREE quotes & exclusive policy discounts.Phone: 877-212-4368Clifton Insurance Agency | LinkedInClifton Insurance Agency | Instagram Follow us onYouTubeLinkedinKetamine StartUp WebsiteInstagram🚀Want to fast track launching your ketamine clinic? If so, download our free checklist.