Do past claims impact renewal premium for a doctor’s professional indemnity policy?

Do past claims impact renewal premium for a doctor’s professional indemnity policy? A doctor’s professional indemnity insurance policy covers legal expenses that might be incurred in the wake of unintentional errors or wrong diagnosis. It provides financial protection to doctors from third-party claims and legal costs incurred while defending lawsuits. Moreover, the policy also covers compensatory […]

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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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