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. […]
Here’s Why You Need to Protect the Hands That Protect Others’ Health
Doctors take care of our health and well- being. However, unintentional mistakes or negligence can result in lawsuits from patients or their families. This is where professional indemnity insurance can protect doctors from substantial losses.
Are medical malpractice settlements tax-free?
Any act of negligence or omission on the part of a medical professional that results in physical harm or trauma to a patient is medical malpractice. This also includes providing substandard quality treatment. So, let’s see what Are medical malpractice settlements tax-free? Some instances of medical negligence are: Failure to give correct medical advice Improper […]
Can a doctor lose his licence for medical malpractice?
Medical malpractice or medical negligence refers to poor quality of medical care. So, they occur due to negligence or acts of omission. Furthermore, these instances can lead to medical complications or the death of a patient. Therefore, such acts of medical negligence can be considered as a transgression of the legal duty of care. In […]
Buying a Doctor’s Indemnity Insurance? Be sure to Consult an Insurance Broker
Buying a Doctor’s Indemnity Insurance
Why Should Doctors Buy Professional Indemnity Insurance?
Doctors professional indemnity insurance covers doctors against third-party legal liability claims arising out of medical negligence, errors, malpractices, and mistakes. In the below infographic, you will learn some facts and figures about the medical industry and why doctors’ professional indemnity insurance is much important to consider. Doctors should buy professional indemnity insurance to protect themselves […]
Is medical indemnity insurance meant only for doctors?
Is a Medical Indemnity insurance policy meant only for Doctors? You couldn’t be more wrong!
What is the concept of AOA: AOY in Doctor’s Professional Indemnity Insurance?
The medical profession is considered a noble one. However, there have been cases of patients and relatives accusing doctors of medical negligence and misdiagnosis. In this article, we will discuss AOA: AOY in Doctor’s Professional Indemnity Insurance. Meanwhile, Indian laws have become stringent on matters of medical malpractice, breach of duty, and negligence. Hence, the […]
The Doctor’s Essential Guide to Protect Self from Themselves – The Doctor’s Guide for Protection from Professional Hazards
Being a doctor is a tough job. While every type of work has some challenges involved, that of a doctor means you are dealing with one of the most critical things in the world, i.e. life itself. Patients and their families look up to you as nothing less than God himself, especially when caught up […]
What happens if you pursue unlicensed medical practice?
The knowledge of medical science gives doctors the expertise to diagnose ailments and find their cures. If you’re a doctor, you surely realize the weight of responsibilities you carry on your shoulders. However, you also need to abide by regulations and possess a valid license to carry out your medical practice. A doctor must renew […]