Among all the professions, doctors are the ones who face high financial risks and can be sued financially and legally for cases of errors or negligence. The Professional Indemnity Insurance plan offered by Bajaj Allianz covers the liability of doctors caused due to errors and omissions while delivering their services.
The Professional Indemnity Insurance for Doctors offers high coverage up to Rs. 1 crore. You can arrive at the coverage amount based on the size of your practice, the identifiable risks and your budget. Bajaj Allianz offers the best in market premium rates starting from Rs. 9440.
Any loss of documents by the practioner which may lead to an allegation/ demand compensation from a third party are covered under this policy
Any unintentional breach of confidential information from the Doctor which leads to an allegation from a third-party stands covered under the policy
Libel and slander can go a long way in tarnishing your reputation and hampering your business. But, with a professional indemnity policy you will have the funds and the legal counsel to take necessary action.
The policy offers liability coverage for a wide range of professional risks like:
• Defence costs
• Third-party damages
• Breach of confidentiality
• Libel and slander
• Loss of documents
• Claims arising out of professional services
• Damages for loss arising out of a professional incident which takes place in the coverage territory during the policy period
|BAGIC Professional Indemnity Policy|
|Starting Premium||Rs. 9440|
|Sum Insured||Rs. 50 lakh and Rs. 1 crore|
Professional Indemnity Insurance Plan helps doctors to be protected against professional risks such as negligent misdiagnosis, incorrect medicine dosage, surgery-related procedures or wrong course of treatment suggested, etc. The plans are available starting from Rs.9440, with maximum coverage of Rs. 1 crore.
|Preferred Category||Referred Category||Declined Category|
|With no claim history||Degrees - MBBS, BDS, BPT, BHMS, BAMS, MD, MDS, MPT, MS or higher||Lifestyle-related cosmetic surgeons|
|Proposer with past claimsy||As per limit opted|
|Coverage amount (in Rs.)||Premium incl. GST (in Rs.)||Deductible for every claim (in Rs.)|
|50 lakh||9,440||2 lakh|
|1 crore||12,980||3 lakh|
Toll-free numbers - 1800-209-0144 /1800-209-5858
Mailing address: 4th Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar, Pune – 411014