Professional Indemnity Insurance
Covers risks of financial losses arising from allegations of malpractice, errors, oversight, or other omissions.
With IRM Insurance Brokers, no more hassles & no more worries in future.
This Policy broadly covers medical establishments against legal liability arising out of bodily injury and/or death of any patient caused by error, omission or negligence in professional service. It also covers legal costs and expenses incurred in investigation, defence or settlement of such legal liability.
- Depending on exposure, Proposer has to fix two limits of indemnity as under
- Any One Accident (AOA)
- Any One Year (AOY)
This Policy does not cover liability arising out of cosmesis ( plastic surgery, hair weaving etc.). It also does not cover third party liability, pure financial loss, fines and penalties (punitive or exemplary).
FAQ
Premium chargeable depends on risk group, number of inpatients and outpatients, limits of indemnity selected and ratio of limits (AOA:AOY).
You can download the product details from here.
Call us for further information. IRM Insurance Brokers is here to help you anytime.
We're available for 1000-1800 Hrs IST Monday to Friday