Professional Indemnity or Medical Malpractice Insurance

Professional Indemnity or Medical Malpractice Insurance

Justification:

As a company that provides clients with health care services, there could be instances where a client/patient could sue the hospital for professional negligence and/or medical malpractice, thereby the Insured suffering financial loss due to legal liability. The current customers are becoming very litigious and could involve several millions as compensation. 

 

The Cover:

The insurance cover provides indemnity to the Insured in respect of all sums which the Insured becomes legally liable to pay as damages to third parties/patients in consequence of professional negligence/medical malpractice. The insurer will also pay legal costs and expenses in connection with the defence.

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