By law, it is mandatory for all the professional to own a professional indemnity insurance and doctors are included in the list of these professionals. All the doctors or medical establishments are required to fulfill some kind of services for which the people come to them and if they are not able to perform them correctly and the patients or clients are not satisfied with them, they can be held liable for the damages.
Professional indemnity insurance is a very necessary insurance that all medical practicing professionals must own to safeguard their interests and save them from any kind of financial liability. The professional indemnity insurance for doctors and medicos provides tailored and comprehensive policies for all the general physicians, oncologists, pathologists and other medical establishments. This policy covers all sorts of legal claims that someone may file against you as a doctor for bodily injury or may be death caused by your negligence in the service provided by you. A claim can also be fled even if your assistant has made a mistake and caused the patient an injury or death. So if the policy covers the assistant’s name too, he will be covered too against the legal liabilities.
The professional indemnity insurance covers all the legal costs and also the compensation claims money, however it is all based on the limit which was specified when you bought the policy.