What to consider when choosing a medical indemnity insurance provider

All medical practitioners in Australia are required to have medical indemnity insurance cover, and rightly so.

Medical indemnity insurance exists in order to protect both the doctor and the patient in the event of something going wrong from medical care. It’s not something that’s pleasant to think about, but anyone could find themselves in such a situation, even with the highest level of expertise and attention to detail. We are all human and accidents do happen. In such a scary situation it’s important that you have someone you trust watching your back, and that’s why you should take care when choosing your medical indemnity insurance provider.

Choose an insurer who is on the Medical Board of Australia’s list of medical indemnity insurers

Being on this list means the insurer has met the minimum product standards and they are legally able to insure you. Clear Insurance works with Tego who provides medical indemnity insurance that is underwritten by Berkshire Hathaway – one of the top medical indemnity providers on the Medical Board of Australia’s list.

Ensure all of your practicing activities are covered

Every medical practitioner and medical business is a unique case that will require a specialised insurance package. At Clear Insurance, your insurance broker will work closely with you to ensure you are covered for all of the services you provide. To cover any potential gaps in coverage, we also have a wide definition of what constitutes healthcare services.

Safeguard your reputation

For medical practitioners, reputation is everything.  Even one false claim can ruin a career. That’s why a medical indemnity policy with Clear Insurance can contribute to legal costs and even cover costs of engaging a PR consultant to help protect your reputation.

Protect yourself from the past

Don’t we all sometimes wish we could be protected from the actions of our younger selves now that we know better? With Clear Insurance, you can. We can provide you with retroactive “tail” cover for any practice you’ve previously undertaken.

If you’re in need of medical indemnity insurance, choose Clear Insurance!

We offer customised insurance packages to ensure that your cover meets all your needs.

Coverage is issued by Tego Insurance Pty Ltd 34 608 505 960 (ASFL 482467). This material contains general information only and may not suit your particular circumstances. The precise coverage afforded is subject to the statements and information in the relevant Product Disclosure Statement (PDS) and the terms and conditions of the insurance Policy when issued. You should obtain and consider the relevant PDS or Policy wording before deciding to acquire any insurance product. A copy of the PDS or policy wording is available by contacting our office.