Keeping patient’s sensitive information confidential is a cornerstone of medical ethics. Doctor-patient confidentiality plays a crucial role in the healthcare system. Patient trust allows doctors to provide effective healthcare services and outcomes. It is not just an ethical obligation, but also a legal obligation for medical professionals to keep patients’ data confidential. Medical malpractice claims […]
Advantages of Professional Indemnity Insurance for Professionals and How to Purchase
If you are a professional service provider. You know the value of managing client relations and rapport in market and how difficult it can be to maintain. A professional indemnity policy can help you to avoid damage to the image or your financial health in the case of a claim of negligence by a customer. […]
Professional Indemnity Insurance versus Public Liability
Insurance Professional Indemnity Insurance (PII) and Public Liability Insurance (PLI) are two types of insurance that protect businesses from potential legal claims. Professional Indemnity Insurance policy protects professionals, such as lawyers, accountants, and consultants, from financial losses due to mistakes or negligence while providing services. On the other hand, PLI covers a business for third-party injury or […]
What is a Retroactive Date in Legal Indemnity Insurance?
Even if you are the best lawyer and have years of expertise and skills, mistakes can happen. If any of your clients file a case against you, you would have to pay not only the compensation amount (of course, if you lose) but also have to incur legal expenses. Therefore, it is essential to purchase […]