Healthcare Professional Indemnity/Malpractice
This type of cover is becoming more common in the healthcare sector not only for private clinics, but also for medical practices, due to the nature in which medical practices are obtaining business from their PCT/PCO.
Over recent years there has been clarification over the scope to which an individuals indemnity arrangements extend. What has been established is that an individuals indemnity arrangements will no longer extend to cover the activities of the business they operate. This is due to the increased nature of how claims are put in. Claims are more than likely directed towards the business/company that provided the service at the first instance, as the business is the entity the customer obtained the services from.
An example is creating a company that then sub-contracts work out to practices/GP's. By creating the company and using it as the point of providing services to the PCT/PCO the company now becomes the first port of call for any complaints etc. Even if the company is not at fault, but the individual GP, the claim may initially be directed at the company that employed the services of that GP or Practice. Redirecting a claim can be an expensive process, which is why comprehensive Professional Indemnity Insurance cover should be obtained in order to cover these costs.
Benefits of cover:
- £10,000,000 indemnity limit any one claim
- Up to £25,000,000 aggregate limit available
- Vicarious liability cover for self-employed persons
- Indemnity to Principals & Employee's
- Worldwide cover for Good Samaritan acts
- Libel and Slander cover
- Retroactive and Run-off cover available
- Claims made policy
To talk to an adviser call 0800 163 870 or click on the 'Request Quote' button.
