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Non Life Insurance - Why Consulting Physicians should buy insurance?

11 Jan 2003

All over the globe, physicians and doctors are revered owing to the sanctity of their professions. The old-world connotations attached to medicine as being a 'noble' profession have never changed. Science and technology have definitely made several forays into the fields of medicine.

Medical science is constantly upgrading itself in the use of more and more sophisticated technology. But the underlying fact remains that no form of medication or therapy can be truly effective without the human touch or the physician's hand and his or her medical skills.

Yet even the most flawless physicians make errors in their diagnosis once in a while. And since a patient's life and metaphysical health is at stake, the implications on the physician's reputation and goodwill can be disastrous.

Why not invest a miniscule part of your earnings in Professional Indemnity insurance and protect yourself from any possible medical malpractice proceedings?

Perhaps, you want to opt for a complete package that protects you and your establishment, which is the premises itself, your employees' fidelity guarantee, the cash box, medicine kit, ECG and other specialised equipment as well as the sign board display, you can also opt for a Doctor's Composite insurance policy.

This policy covers all the aspects related to the medical profession. And what's more is that it also provides you with Indemnity insurance against all typified risks and saves you the bother of maintaining multiple policies for a single professional profile.

In case you are looking for some thing more specific like protection for your medical kit, assuming you implement the use of highly specialised and costly equipment, you should preferably invest in Portable Equipment insurance.

Source: insuremagic.com BACK