Professional Indemnity Insurance for Doctors
Doctors in the course of their duty handle scores of patients on a daily basis. Doctors are responsible for making decision relating to the patient’s diagnosis to advising them for their medicines and even conducting surgeries. These decisions are immensely critical for a patient’s well-being.
A minor lapse in judgement or any negligent mistake committed while discharging your duties might have an adverse impact on the patient’s health.
Such cases often result in the Patients suing the Doctors in Courts and the Courts also award Substantial Damages.
Consider the case of this Ahemdabad based Doctor where the Gujarat State Consumer Dispute Redressal Commission ordered the doctor to pay Rs16 lakhs as damages.
The frequency of such cases has been increasing by the day and Doctors have been sued even for minor mistakes.
The Court may award huge Compensatory Damages which the Doctors may not be able to afford. They may have to sell Personal Assets, like a House or a Clinic, or use up savings to fund the Damages awarded by the Court
To safeguard themselves, Doctors should, thus always, protect themselves with a Doctors’ Professional Indemnity Insurance in India (alternatively known as Medical Malpractice Insurance)