Medical Indemnity Explained

Medical indemnity is there to protect surgeons from medical malpractice claims made by patients not satisfied with the treatment they have received.

\1. What is medical indemnity?
\2. What is “claims made” Medical Indemnity insurance?
\3. Is it necessary to purchase medical indemnity insurance?
\4. What is “adequate and appropriate” medical indemnity?
\5. What are the consequences of not purchasing medical indemnity insurance?
\6. What do I need to know about my medical indemnity insurance policy?
\7. What am I covered for?
1. What is medical indemnity?

Surgeons work hard to deliver good quality healthcare but sometimes, even with the best experience and training in the world, things can go wrong.Often, these mistakes can have serious financial consequences for a patient, and therefore, the operating surgeon.

If a patient has suffered harm as a result of a surgeon’s negligence, it’s very important that the surgeonhas adequate and appropriate insurance (or indemnity) to compensate the patient.

Medical indemnity insurance responds to an accusation of medical malpractice, where the medical professional service provided was allegedly substandard, and caused physical or mental harm, injury or death to a patient.

Medical indemnity insurance is designed to protect the surgeon during the claims process, including any costs and defence fees arising from the claim. In cases where malpractice is proven, compensation is paid to the patient.

Sadly, our society is becoming more and more litigious and the risk of legal action against a surgeon for medical malpractice is increasing every day.

To find out more about Incision Indemnity membership visit our membership page or click the get a quote button below to start your application.