Professional indemnity insurance covers defense costs, the process of lawyer appointment, and associated cost i.e. cost of legal defense once a lawsuit has been filed against the insured. Listed below is the manner that would manage the claim, once triggered: Insured receives a legal notice or a compliant threatening for legal action It is […]
Articles Tagged: Doctor’s Professional Indemnity
What are the factors to consider while selecting DPI insurance providers?
Factors to consider while selecting DPI insurance providers- 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 cover for such liabilities. All doctors must check some parameters before buying a […]
Why do you need a Doctors Professional Indemnity policy?
Medicine is a noble vocation. Your work involves helping ailing persons get relief from health complications. In some cases, it is a matter of life and death. Nevertheless, a doctor can make mistakes. Mostly, these are unintentional and sometimes caused by negligence. Often, the negligence is on part of the support staff or assisting doctors. […]
What are the important features of a doctor’s PI insurance policy?
What are the important features of a doctor’s PI insurance policy? A doctor’s profession comes with the risk of lawsuits and compensation demands. A patient or a patient’s family can sue the doctor in the event of medical negligence or failed treatment. A doctor’s professional indemnity policy has proved to be of great help in bearing […]
Who are covered under Doctor’s Professional Indemnity (DPI) policy?
Who are covered under Doctor’s Professional Indemnity (DPI) policy? A Doctor’s Professional Indemnity (DPI) insurance policy covers medical professionals against liabilities arising out of unintended professional mistakes. Doctors are held in high regard as they save lives. However, they may make unintentional mistakes while treating patients. Such mistakes may lead to costly lawsuits. So, the […]
Can unqualified staff be covered under medical indemnity insurance?
A medical indemnity insurance policy covers claims in case of misdiagnosis, delays in referrals, error and omission, wrong treatments or negligence either by doctors or the unqualified staff members of a hospital or clinic. This policy also covers the unqualified staff of a medical establishment. However, it comes at an additional premium. The unqualified staff […]
What is a comprehensive cover in Doctor’s Professional Indemnity policy?
A Doctor’s Professional Indemnity Insurance Policy protects the interests of medical practitioners. Doctors might make a mistake during the treatment or diagnosis despite having the best of experience and intention. Such unintentional errors may lead to disabilities or even the death of a patient. In such a scenario, the patient or the family might file […]
How does a Doctor’s Professional Indemnity (Doctor’s PI) policy work?
Doctors are professionals who deal with human lives. They have the power of restoring health and hence good quality of life to the sick and unwell. However, during the course of their work, they might commit some professional errors which, in turn, might lead to severe consequences. So how does a Doctor’s Professional Indemnity (Doctor’s […]
Claims not covered in a doctor’s professional indemnity
A Doctor’s Professional Indemnity Insurance (PI) protects the insured against breach of duty or negligence. It saves the legal cost incurred while fighting liability claims. S0, lets see what Claims not covered in a doctor’s professional indemnity. Thus, doctors need to scrutinize the scope of the coverage offered and understand the exclusions carefully. Following claims […]
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 that determine the premium for Doctor’s Professional Indemnity : […]