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Malpractice insurance is mainly designed to provide medical professionals protection from lawsuits. and covers doctors against malpractice during there work.
Malpractice is a type of insurance that mainlgy covers Health Practitioners against any mistake or negligence during providing medical care to the patients.
It could be customized to cover other professions according to the same concept.
Gastritis
Peptic ulcer
Appendicitis
Diverticulitis
Small bowel obstruction
Malpractice insureance cover medicine mistakes , faults, accidents while the physician is practicing his medical job . The insureance company pays damage
caused by the medical practitioner . In fact it is very important and necessary to every medical physician
illegal insurance , like in medicolegal cases.
It is a professional liability insurance purchased by health care professionals which provides protection against liabilities imposed by lawsuits and claims.
It protects the insured individual in case of lawsuits and claims brought by patients or their families for negligence or harm which might have occured intentionally or unintentionally by the healthcare provider.
It is designed to protect healthcare providers from various forms of lawsuits which are put up from the patient's side due to any negligence during treatment.
protects those persons practicing medical professions from the risks associated with their work, and the legal third party liability that may arise out of any error, negligence or omission incurred during the performance of their work according to the terms, conditions and exclusions set forth in the insurance policy.
It cover usually physician espescially in the west where mal practice suit are very rampant, it cover doctor any untoward outcome to the patient while under his care
The insuarance coverage which focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm.
This insuarance Coverage sometimes provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include,crinina prosecution,nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. Professional liability insurance is required by law in some areas for certain kinds of professional practice.