How To Avoid Litigation
PREVENTION BY PROFESSIONAL INDEMNITY
Profession indemnity insurance is a tool which not only meets the claim of compensation awarded against doctor/hospital but also gives a sense of mental security that even if same negligence is proved the insurance company will take care of it.
Please clarify in detail about different premium rates of insurance in case of individual insurance, Doctor/nursing home/hospital with qualified staff and unqualified but trained staff because at time of paying compensation there are many such enquiries are made by insurance company.
The insurance companies not only pay the compensation to other party but also arrange for the legal help from advocates because they some time join hand with other party for monetary gains with an excuse that it’s the insurance not the doctor who is to pay the compensation.
Here we must understand that only the money paid as compensation is important but also our reputation also is at stake.