This insurance covers doctors against liabilities arising out of wrong treatments, mishaps or mistakes. It pays the cost of litigation, court fees, settlements, loss of documents, breach of confidentiality and defamation, etc.
A doctor’s indemnity insurance covers the legal costs faced by doctors when a lawsuit is filed against them for professional errors and mistakes. This insurance pays the cost of a lawyer, court fees, investigations, and filing.
Options for regions which we cover:
-Worldwide excluding US/Canada
This policy also offers retroactive cover. So if a doctor continues to pay the premium on time for his policy every year, the doctor is protected for all the work he has done in past till date and original retroactive date is restored.
Claims pertaining to a period before the retroactive date are not covered. If there is a break in the renewal of the professional liability insurance then the retroactive date is reset to the start date of the new insurance. We prevent this by ensuring timely renewal.
Claims that come about from an issue that was known before the insurance was bought are rejected. The insurer will cross examine the case closely to see when the doctor became aware of the matter. This can be addressed by clearly describing any known issues when you buy your first professional indemnity cover.
If the information in the proposal form is different from actual practice you run the risk of claim rejection. For example, you may state that you have trained nurses but may not; you may have used an OT that is not properly licensed; or not declared your specialty appropriately in the form. We address this by ensuring that the proposal form is well filled and you understand the implications of each information
Provide the completed claim form, legal notices, court and other correspondence on the matter, estimate of legal fees, letter of subrogation. Prescription copies or medical records are also helpful. Do not admit liability without informing the insurer.
Extensions can be purchased to cover litigation overseas as well, by your foreign patients. An emergency cover can be purchased that provides money to you at short notice.
The main exclusions are known issues, prior acts, unlicensed practice and surgeries outside your typical scope. This is a long list but we can help you navigate and understand these exclusions.
We have specialized liability underwriters and tie-ups with international experts.
We work with all insurers to get you the best options- both in terms of price and features.
Cover notes are issued within hours of request. This documentation is sufficient for any contractual requirement.
We manage all aspects of your claim - from preparing documentation to follow-up with the insurer.
We will advice you on risk management best practices.
See all your contracts renewal information in one place. Place service requests on PAM.