Liability Insurance:



  • Professional Indemnity Policy for Doctors
  • Medical Establishments Errors











Professional Indemnity Policy For Doctors & Medical Practitioners:



APPLICABILITY:
The policy will indemnity any act committed by the insured who shall be Registered Medical Practitioner, giving rise to any legal liability to the third party due to professional negligence. The insured includes the policy holder and his qualified assistants or employees named in the proposal .

The act has to be committed during the period of insurance commencing from the retroactive date. Jurisdiction applicable will be Indian Courts. Registered Medical Practitioners shall be classified as:
  • Physicians
  • Pathologists
  • Oncologists
  • Cardiologists
  • Psychiatrists
  • Radiologists or Reontgenologists
  • General surgeons
  • Plastic Surgeons
  • Orthopaedic Surgeons
  • Urologist
  • Abdominal Surgeons
  • Thoracic Surgeons
  • Neuro Surgeons
  • Cardio-vascular Surgeons
  • Otolaryngologists
  • Prootologists
  • Opthalmologic surgeon
  • Opthalmologic physician(excl. surgery)
  • Obstertrician and Gynaecologists
  • Physician & Non-specialist Surgeon
  • Other Practitioner describe fully.
  • Whenever doctors wish to cover unqualified staff working with then the same may be allowed by collecting additional premium of 7.5% of the indemnity premium.
  • Whenever multiple professional specialization are involved, then the rate applicable will be that of the specialization which attracts the higher premium rates.
  • Minimum Premium Rs. 100/-
  • No compulsory or Voluntary Deductibles are applicable.







Medical Establishments:



ERRORS & OMISSIONS INSURANCE POLICY:

APPLICABILITY:
The policy will indemnify the insured in respect of any act committed by the professionals or qualified assistants named in the proposal engaged by the medical establishments which gives rise to any third party legal liability. Such activities will be apart of the declared medical activities of the establishment.Such an act should have taken place during the period of Insurance commencing from the retroactive date.

REGISTRATION OF THE ESTABLISHMENTS:
Medical establishment shall be registered with competent authorities as per the local regulations.

Explanations:
For this purpose whenever necessary, applications have been made such registrations and the same have not been rejected then this requirement shall be deemed to have been complied with.

In territories, where no registration facilities exist, the following minimum norms need to be complied with for considering the proposal.The establishment should have:
  • At least 10 in-patient bed facility.
  • A fully equipped operation theater of its own.
  • Fully qualified nursing staff in its employment round the clock unless indicated to the contrary and additional premium paid.
  • Fully qualified doctor/doctors should be in-charge round the clock.

Subject to the condition that as and when additional regulations are introduced in the concerned territory the insured shall comply with registration formalities for continuation of the policy or renewal.

LIST OF ELIGIBLE MEDICAL ESTABLISHMENT:
  • Hospitals
  • Nursing homes

EXCESS:
0.25% of the A.O.Y. limit subject minimum of Rs. 1,000/- and a maximum of Rs. 1Lac.