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Do insurers vary in pricing for a doctor’s professional indemnity policy?

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 […]

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How to negotiate best pricing for a doctor’s professional indemnity insurance?

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 […]

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How is a premium for Doctor’s Professional Indemnity calculated?

How is a premium for Doctor’s Professional Indemnity calculated? A Doctor’s Professional Indemnity Insurance policy covers financial liabilities that medical practitioners face in case of negligence or errors during the treatment. The policy covers legal costs and the compensation amount. The sum insured and the level of risk determines the premium’s policy. Below are the factors […]

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How much does a Doctor’s Professional Indemnity Insurance cost?

How much does a Doctor’s Professional Indemnity Insurance cost? There has been a rise in patients filing liability claims against doctors even though doctors have always been highly respected in our society. These suits are either because of a few doctors engaging in malpractices or certain hospitals recommending unnecessary medical procedures. Many are now looking […]

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