Medical Practice Indemnity Insurance
Why Your Business Needs Medical Indemnity Insurance
Are you covered for Individual Medical Practitioner Indemnity Insurance? Did you know this insurance may not cover you for risks arising from running a practice? This may include claims resulting from employee disputes, data and privacy breaches, to name a few.
No doubt about it, managing a practice can be challenging. With the medical field constantly evolving — newer technologies, more advanced treatments, and changes in regulations — medical practices are exposed to unique risks which may not be covered by practitioners’
individual indemnity insurance.
Now more than ever, breaches of data privacy due to improper handling of patients’ medical information is a common risk. And staff failure to abide by protocols (for example, triaging, patient recalling and scheduling), system failures, administration errors, and other issues may lead to poor patient outcomes, exposing the business
to legal action.
Why get General Liability Insurance From Aspect SME Insurance
Medical Practice Indemnity Insurance covers against allegation of medical malpractice or clinical negligence by providing the legal costs of defending the practice and its employees against allegations and complaints, as well as compensation for patient loss or injury.
We specialise in helping medical, dental and allied health businesses. This can include:
- General and dental practices
- Specialists
- Day Surgeries
- Private Hospitals
- Radiology
- Allied Health Practices, and more.
Medical Malpractice (Including standard wordings and extensions), Errors and Omissions (including standard wordings and extensions) and General Liability.
Policy Coverage:
Aspect SME Insurance works to understand not just the various Medical Indemnity insurance policies available today, but also the threats of today and the trends of tomorrow.
Running a medical practice? Schedule a free call with us to learn more about how we can secure your practice
now and for the future.
