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 to cover such liabilities. All doctors must check some parameters before buying a liability insurance plan. These factors help one choose […]
How can I get the best doctor PI policy from the insurer?
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, they can put doctors as well as hospitals under financial strain. Most find it difficult to get the right professional indemnity (PI) policy for doctors. Here […]
Who is the right insurer to buy a doctor’s professional indemnity policy from?
A doctor’s professional indemnity (DPI) policy safeguards medical professionals and establishments against liabilities and lawsuits. The liabilities are effectively a third-party’s losses. These occur due to an error of judgment or negligence on the doctor’s part. So, Who is the right insurer to buy a doctor’s professional indemnity policy from? Considering the importance of this […]
Right insurance company for buying doctor’s professional indemnity – Infographic
There are various general insurance companies in India offering doctor professional indemnity insurance. These insurers offer various benefits and charge different premium rates. There are a few factors to consider when choosing an insurance company for a doctor’s professional indemnity policy: Financial stability: Choose a financially stable insurer that will be able to pay out […]
How is Insurer’s liability decided under Professional Indemnity Insurance?
Under a professional indemnity insurance policy, a party or each person is indemnified separately with regard to claims made against the party or person by any other party or person (excluding the insured). This is subject to the insurance company’s total liability limit, which should not exceed as specified in the policy terms and conditions. […]