Market Intelligence

MARKET INTELLIGENCE

PURPOSE

Based on the market intelligence done on or selected company the purpose of professional indemnity insurance for medical practitioners in particular serves a common purpose. The purpose would be to cover claims and claims costs, range of expenses including proceedings, inquests, inquiries, investigations or complaints and advisory assistance arising out of the practice of medicine. It helps in cover the loss you are responsible for to the people that you treat or otherwise come into contact with as a healthcare professional. It is designed to protect your personal assets and provide legal costs to defend you.

COVER FOR YOU CIVIL LIABILITY

The professional indemnity insurance covers policy holder for amounts that you become legally liable to pay as compensation for civil liability. Such civil liabilities compromises breaches of privacy, breaches of consumer protection legislation, defamation, contractual liability, tele-health activities, intellectual property rights, advice on goods sold, clinical trial cover, liability for restricting practice, National Disability Insurance Scheme, reports about others and actions of others. As of for public patients it covers you for the treatment of public patients provided you are not otherwise entitled to indemnity for medical services provided to Public Patients. The following would be vicarious liability which covers you and the Practice Entity for vicarious liability in respect of acts, errors or omissions committed or alleged to have been committed by another insured in the course of Practice, an employed doctor or contractor (including a locum) and a non-employed health care professional under direct supervision, training or mentoring by you in the course of providing health care treatment, advice or service within the same category as you. For the competition and consumer complaints part it covers you for any action by a government or statutory authority alleging a contravention of or seeking...