HCP National Annual Scholarship

Happy Friends Studying TogetherAt HCP National Insurance Services we believe that knowledge is power and as such we are committed to helping students achieve a higher level of education. We want to help you pursue an education in the field that you are passionate about, which is why we’ve created an annual scholarship program. Following your dreams can become expensive and at times very overwhelming, so this is our small way of helping to contribute to your success.

Please be sure to include your full name and mailing address with your application submission. The award will be received by the winning applicant 2 weeks after the deadline.


Professionals that provide a service need to purchase professional liability insurance.  This coverage is also known as errors and omissions for most professionals, and medical malpractice insurance for health providers such as doctors and nurses. When a suit is filed, the plaintiff (suing party) can be awarded damages based on economic loss.

For example: A surgeon makes a mistake in surgery and it costs the patient $200,000 in time loss from their job. This is the amount of money the patient can recover for economic damages. There are also punitive damages which are meant as a punishment. If the surgeon acted recklessly or with bad intent, those damages can be millions of dollars, in addition to the $200,000. This example applies to any professional field, from engineers, to architects, to attorneys, etc.

Professional liability is very cost prohibitive; in particular, medical malpractice insurance can be very expensive. This is not only due to legitimate economic claims, but also to illegitimate claims that seek easy money and fast settlements. These are often plaintiff attorneys who work on a contingency basis. In California, the Medical Injury Compensation Reform Act, or MICRA, was passed, which limits punitive damages to $250,000, helping lower the cost of medical malpractice insurance.

2015 Essay Question

“Do you think there should be a MICRA cap on all professional liability claims? Why or why not?”

Eligibility Requirements

Award Value: $2,000

Application Deadline: October 1, 2015

This yearly scholarship is available to all high school seniors, and all students currently registered in any accredited post secondary institution, college, business or technical school.

How to Apply

Please write an essay based on the question outlined above. Your essay should follow acceptable blog article and be between  1,000 – 2,000 words.  Make sure that you incorporate malpractice insurance, business liability insurance, and E&O insurance in your response. Grammar, spelling, logic, and limited research are the basis of the evaluation.

All submissions must be sent to us by one of the following options:





HCP National Insurance Services, Inc.
16-A Journey, #150
Aliso Viejo, CA 92656


The following information  is also required to have a valid application:

  • Your full name, address, and contact details.
  • The name of the high school or post-secondary institution that you are currently enrolled in.
  • A copy of your current transcript.
  • Your essay as a Microsoft Word attachment or PDF file.

2015 Scholarship Recipient

Phalen Kohlruss-Reuman
Colorado State University 

2014 Scholarship Recipient

Tatiana Zaatiti
Loyola University Chicago



Communications & Privacy

Privacy Policy – By submitting an application, the applicant automatically grants HCPNational.com permission to post essay and first name on HCPNational.com and in other marketing communications. The Sponsor is also granted permission to call and/or send you information regarding your application.

Collection of Information from Children – HCP National Insurance Services, Inc follows the guidelines set up by the Federal Trade Commission regarding youth privacy. HCP National Insurance Services, Inc will not knowingly collect any personal information from or allow the registration of young people under the age of thirteen (13) years.

User Communications – When you send email communications to HCP National Insurance Services, Inc, we may retain those communications in order to process or respond to your inquiries or application as related to the scholarship. HCP National Insurance Services, Inc will not knowingly sell, share, rent or otherwise transfer your information other than in accordance with the terms set forth in this Privacy Policy.