Professional Indemnity Insurance for Doctors & Medical Establishments – National Insurance

In today’s healthcare environment, medical professionals face increasing expectations, rising patient awareness, and growing legal scrutiny. Even the most skilled and experienced doctors or medical institutions may face allegations of negligence, misdiagnosis, or professional error.
To safeguard against such financial and legal risks, National Insurance offers the Professional Indemnity (PI) Policy for Doctors and Medical Establishments, a crucial layer of protection for the healthcare community.

What is Professional Indemnity Insurance?

Professional Indemnity Insurance is designed to protect medical practitioners and healthcare organizations from claims arising due to professional negligence, errors, or omissions made while rendering medical services.
It helps cover compensation amounts, legal fees, and defense costs, ensuring peace of mind for medical professionals.

Why It Is Essential for the Medical Sector

1. High-risk profession

Doctors and medical establishments deal with human lives, making even minor errors potentially serious.

2. Increasing litigation

Patients today are more aware of their rights and quick to seek legal remedies.

3. Financial protection

Medical lawsuits can lead to significant compensation demands that may severely impact practitioners without an insurance shield.

4. Mandatory in many hospitals

Many institutions require PI coverage before allowing doctors to practice.

Key Benefits of National Insurance’s PI Policy

1. Comprehensive Legal Liability Cover

Covers liability arising from:

• Misdiagnosis
• Surgical errors
• Wrong medication
• Delay in treatment
• Errors in diagnostic tests
• Professional oversight by the insured or their employed staff

2. Cover for Legal Defense Cost

Includes:

• Lawyer fees
• Court expenses
• Settlements awarded by the court
• Investigation-related legal charges

3. Suitable for Individuals & Institutions

The policy is structured for:

• Doctors (all specializations)
• Surgeons
• Dentists
• Physiotherapists
• Diagnostic centers
• Clinics & polyclinics
• Nursing homes
• Hospitals
• Imaging centers & laboratories

4. Retroactive Coverage

Ensures claims relating to past treatments are covered, provided the policy is continuously renewed without break.

5. Wide Range of Sum Insured Options

Allows customization based on the:

• Nature of specialty
• Patient load
• Risk exposure
• Scale of operations (individual or institution)

What the Policy Does Not Cover

Common exclusions include:

• Criminal acts or intentional misconduct
• Cosmetic procedures done for non-medical reasons (unless specified)
• Services rendered while under the influence of intoxicants
• Claims outside the policy period without retroactive cover
• Contractual liabilities or fraud

Conclusion

Healthcare professionals devote their lives to patient care, yet they remain vulnerable to legal challenges beyond their control. The Professional Indemnity Insurance by National Insurance shields them from the financial burden of legal claims arising out of professional services.

It ensures medical practitioners and institutions continue their noble service with confidence, security, and peace of mind.