Professional indemnity insurance is a universally accepted insurance cover recognized by doctors. It gives cover for claims made by patients due to negligence or wrong treatment or mishaps on the part of the doctor.
The policy from leading NBFCs covers risks such as,
1. Incorrect diagnosis
2. Fraud by employees
3. Loss of medical documents
4. Breach of confidentiality
5. Slander and libel
But, before you apply for Professional indemnity insurance, here are some tips on how to choose the best policy.
1. Check for coverage
2. Do a cost analysis
3. Study claims handling
Hope this helps to you and you knowWhat Is Medical Professional Indemnity Insurancefor Indian medical professionals.