Articles

Futurists and scientists have always predicted that with the rapid onset of science and technology, the practice and use of medicine will undergo major evolutionary changes. And such estimations have only gained strength from the fact that day after day, we hear and see of new happenings in the fields of health and medicine.

An operation like heart surgery which lasted for hours with a team of surgeons and nurses cutting and stitching up a patient's insides has been declared unnecessary ever since stent angioplasty was perfected and the treatment is now administered to thousands of people all over the world.

Nevertheless, nothing can eliminate the pressure and tension a surgeon is subjected to while he is conducting an operation. And at times, people tend to blunder or under-perform if they cannot cope up within a stressful environment. However, the impact of an error or mistake made in the administering of medicine can have a potentially fatal impact on the patient. Little wonder why courts continually award major amounts of compensation to claimants seeking damages from erring surgeons in medical malpractice suits.

As a surgeon, you may be responsible, capable and committed towards your career but all it takes to ruin your reputation and financial standing is one ill-timed malpractice suit. You invest your entire life and motivation into your professional commitments, shouldn't you insure that nothing can damage or deter you from your desired objective, come what may? Nothing can be wiser than investing in Professional Indemnity Insurance for you.

Professional Indemnity Insurance protects you against legal liability claims made by any of your patients that may be based on bodily injuries and/or death. If you opt to name your staff, nurses and technicians while taking a policy, the policy will cover any errors, omissions and negligence on their part.

Not only do the premium payments offer tax benefits, but they are miniscule if you compare them to the amount that you might have to pay as compensation towards a botched-up case using your own personal resources. If you wish to opt for a scheme that covers your clinical premises as well as your professional practice, then you should consider investing in a Doctor's Composite Package scheme.

The Doctor's Composite Package scheme offers 7 types of cover and insures the contents of your clinic, including machinery, medical kits and supplies, monetary value and even your sign-board from most major perils. It also provides fidelity guarantee insurance of your employees and professional indemnity as well. Besides, if you opt for more than two covers then you also receive a discount of 15 percent off the premium amount.