United India Insurance’s Professional Indemnity Policy for Doctors covers all the necessary expenses, like defence costs, out-of-court settlement and more, this is a good option but remember it has a minimum compulsory excess of Rs 1 lakh which means the insured has to pay this amount at the time of claim.
PI for Doctors - Key Highlights
Defence cost
Defence costs include legal fees, court costs, expert witness fees, and others
Out-of-court Settlement
Outside settlements would become important due to media hype, lack of evidence and voice in court
Reasonable Compulsory Excess
This is a fixed amount that has to be paid by the insured at the time of claim.
100% CSR
100% claim settlement ratio in last 3 months
10,470 + Hspitals
More then 10,000+ hospitals pan India
Features & Benefits
Note: Covers all sources of legal notices such as FIR, E-Notice, District Court, State Commission, National Commission, etc
Up to 5 Lacs
Rs. 1,00,000 or 5% of the claim amount, whichever is higher.
Note: This is a fixed amount that has to be paid by the insured at the time of claim.
Note: Covering claims arising due to lost or damaged medical/legal documents
Note: If the insured is proven guilty in court then only defense costs are covered
Note: If a doctor is accused of making false statements (written or oral) that harm someone’s reputation, the insurance may cover legal costs and compensation
Note:It covers qualified staff such as nurses or other medical staff.
Note: The policyholder has the freedom to choose a lawyer of his choice
Exclusions
Note: To know more about the exclusions details, please refer to the policy wording.
About United India Insurance
United India Insurance Company Limited (UIIC) is a government-owned general insurance company that offers a wide range of insurance products such as health, motor, travel and business insurance. It was founded in 1938 but became a fully public-owned company in 1972 after nationalization. UIIC has a strong presence with over 1,600 branches across India.
FAQs
Yes, Rs. 1,00,000 or 5% of the claim amount, whichever is higher.
No, this policy covers only All India cases and not outside India.
A retroactive date defines the start of coverage in an insurance policy.
Latest review
Dr. Nidhi
Basic features but does the job well. Claim support could be more transparent.
