Doctors try to impart the best treatment to all their patients. However, the doctors are not free from human errors and may be exposed to the risk of claims in the form of lawsuits from their patients. This poses a threat to the financial security of medical practitioners, the impact of which can be cushioned with professional indemnity insurance. Indemnity means reimbursement or compensation. Professional indemnity insurance covers the medical professionals for their legal liabilities .
A professional can opt for an insurance cover and premium depending on his/her income and the number of patients treated. The complexity and cost of treatment also can be a deciding factor. The policy should be renewed periodically to avoid any litigation during the uncovered period. Take this short quiz to enhance your knowledge about professional indemnity insurance. Source: Journal of Dental Research…
