Professional indemnity insurance for medical establishments offers wide coverage to hospitals and clinics for claims made by patients for medical negligence. This policy offers coverage for defence costs, court fees and settlements. Therefore, the importance of Indemnity insurance for Doctors in medical facilities is critical.
Doctors Professional indemnity insurance is a type of liability insurance that protects wide range of professionals, including medical establishments, any errors or omissions in their work or against claims of negligence. It also covers legal costs and damages awarded in the event that a client sues for alleged professional wrongdoing. Professional indemnity insurance is a must-have for medical establishments as it can protect insured against costly court awarded damages. It ensure the financial stability of the medical services and business operations.
We highlight the key reasons why doctors require professional indemnity insurance:
With increased consumer awareness levels, patients today are very assertive and can sue doctors for any perceived negligence, malpractice, or unintentional mistake. Courts have also been imposing fines on doctors, ranging in the lakhs and even crores. Professional indemnity insurance for doctors covers the costs of litigation, court fees, and settlements. This medical malpractice insurance even includes coverage for lawyers’ fees, fines, and out-of-court settlements.
The below infographic explains the importance of Indemnity insurance for Doctors in Medical Facilities and they should consider buying professional indemnity insurance for them.
Make an informed decision and secure Indemnity insurance for Doctors in your medical establishments. For any queries, reach out to us at +91 96966 83999 or email us at support@securenow.in. Trust SecureNow for best professional indemnity insurance in India that safeguard your establishment against exorbitant claims.
