Doctors Professional Indemnity
Professional indemnity insurance covers defence costs, the process of lawyer appointment and associated cost i.e. cost of legal defence once a lawsuit has been filed against the insured. Listed below is the manner in which the claim, once triggered, will be managed : Insured receives a legal notice or a compliant threatening for legal […]
Legal cases against veterinarian doctors Introduction Like any other doctor, veterinarian doctors have a huge responsibility on them. Understanding the problem of and treating a species that cannot speak what it feels is considerably more difficult than treating humans. People who entrust these doctors with their pets create a fiduciary relationship with them, and thus […]
What are the factors to consider while selecting DPI insurance providers? A doctor’s liability insurance policy provides financial coverage to meet third-party claims. In case of medical negligence, a doctor has to bear hefty settlements and legal costs. That’s why doctors must buy insurance cover for such liabilities. All doctors must check some parameters […]
Doctors need a professional indemnity policy to cover them against financial liabilities in case of a lawsuit. Since, these lawsuits lead to heavy legal costs and major financial settlements, it can put doctors as well as hospitals under financial strain. Most find it difficult to get the right professional indemnity (PI) policy for doctors. So, […]
Pricing for a doctor’s professional indemnity A professional indemnity insurance policy covers doctors against third-party liabilities. A lawsuit filed in case of wrongful treatment or negligence can be expensive. The premium charged depends on many factors like the coverage and likelihood of claim. Moreover, every insurance company follows its own pricing policy. The premium varies even […]
Do past claims impact renewal premium for a doctor’s professional indemnity policy? A doctor’s professional indemnity insurance policy covers legal expenses that might be incurred in the wake of unintentional errors or wrong diagnosis. It provides financial protection to doctors from third-party claims and legal costs incurred while defending lawsuits. Moreover, the policy also covers compensatory […]
How to negotiate best pricing for a Doctor’s Professional Indemnity Insurance? A doctor’s professional insurance policy provides cover against third-party settlements and legal costs in case of a lawsuit. The premium is calculated on the basis of the following factors: Sum insured Firstly, the sum insured directly impacts the premium. Doctor’s speciality Statistics show specialists […]
Why do you need a Doctors Professional Indemnity policy? Medicine is a noble vocation. Your work involves helping ailing persons get relief from health complications. In some cases, it is a matter of life and death. Nevertheless, a doctor can make mistakes. Mostly, these are unintentional and sometimes caused by negligence. Often, the negligence is […]
What are the important features of a doctor’s PI insurance policy? A doctor’s profession comes with the risk of lawsuits and compensation demands. A patient or a patient’s family can sue the doctor in the event of medical negligence or failed treatment. A doctor’s professional indemnity policy has proved to be of great help in bearing […]
What is the right price to pay for a doctors professional indemnity policy? A doctor’s professional indemnity insurance policy covers financial risks that medical professionals face in case of negligence. A mistake at the hands of doctors can lead to death or medical complications. A lawsuit may be filed in case a patient is unsatisfied […]
