Indemnity Insurance

Indemnity Insurance for Medical Establishments

Medical establishments such as hospitals and nursing homes have right to take professional indemnity to insure their employees including physicians and medical assistants from any third party liability in case of negligence, error and omission during the tenure of the service.
For securing a safe working medical working environment, medical establishments can go to various insurance companies which to seek indemnity insurance against any third party legal liability during the course of the service. The risk also covers failure of the promised service to the client.
In order to get adequate risk cover against medical risks, medical establishments should fulfill certain criterions. A medical establishment is liable for any insurance policy cover if it is a registered with the competent authorized body, certified by the governing body of the area. However, in some areas appropriate registration facilities are not duly available. For providing risk cover in those areas, a medical establishment has to be fulfill some criterions including, minimum 10 in-patient facility, fully equipped operation theater, a qualified team of nursing staff for non-stop 24 hours and, trained and qualified physicians remain in duty for 24 hours a day.