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 Liability Insurance plan offered by Bajaj Allianz covers the liability of doctors caused due to errors and omissions while delivering their services.
The Professional Liability 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. 9,440.
Any loss of documents by the practitioner which may lead to an allegation/demand compensation from a third party is 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 the Professional Liability Insurance 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 that takes place in the coverage territory during the policy period
|Bajaj Allianz Professional Liability Insurance Policy|
|Starting premium||Rs. 9,440|
|Sum insured||Rs. 50 lakh and Rs. 1 crore|
Professional Liability 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. 9,440, with maximum coverage of Rs. 1 crore.
The policy can be taken by the following professionals:
|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 claims||Per limit opted|
You need to follow three simple steps to process the claims:
Professional liability insurance for doctors excludes the following incidents:
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
Conditions apply. This product is offered under the Group Insurance scheme, wherein Bajaj Finance Limited is the Master policyholder. The insurance coverage is provided by our partner Insurance Company Bajaj Allianz General Insurance Co Ltd. Bajaj Finance Limited does not underwrite the risk. IRDAI Corporate Agency Registration Number CA0101. BFL does NOT hold any responsibility for the issuance, quality, serviceability, maintenance, and any claims post-sale. This product provides insurance coverage under the product Bajaj Allianz Professional Liability Insurance Policy with the UIN: IRDAN113CP0031V01201920. Please refer to the insurer's website for Policy Wordings. Purchase of this product is purely voluntary in nature. BFL does not compel any of its customers to mandatorily purchase any third-party products.
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