Liability Insurance For Medical Professionals

I have always wanted to work in the hospital to take care of the sick patients and of course to save lives. I have high respect for medical workers because they don't just deal with papers or machines. They deal with life. Working as a nurse is a dream come true. Aside from wearing my white uniform with my matching nursing cap with pride, I have met great doctors and passionate nurses whose only goal is to provide the best medical care to all their patients. But let’s face it, even in a hospital setting, a lot of accidents can happen. No matter how educated and how trained these medical allied professional are, medical malpractice can happen.

Medical malpractice occurs when a doctor or other health care professionals causes an injury or harm to the patients. The negligence can be a result of an error in diagnosis, while providing treatment, or aftercare management.  As the number of health related malpractice in the Philippines increases, it is important for allied medical professionals to get malpractice insurance.

What is liability insurance?
It is an insurance contract where the insurers agree to indemnify the insured in the event that he/she is held financially and legally liable for damage to property or injury inflicted to another person that arises from an accident due to negligence in connection with the insurer’s business, household operations or professional service. The purpose of liability insurance is to pay for the cost of damages and defense cost resulting from the negligent acts or omissions of the assured.

We all know the importance of insurance that's why we insured our house and our cars. We have life insurance in case something bad happens to us. And for those working in the hospital, liability insurance will be a big help in times of untoward incidents. Under liability insurance is medical malpractice insurance. This type of Insurance will serve as protection for medical professionals. Malayan Insurance offers liability insurance that covers medical malpractice. The policy covers liability arising from failure to render medical services or an error in rendering medical services which resulted in death, sickness or bodily injury to the patient. This product is available for both the hospital establishment and for individual doctors.

Consider insurance as an investment. And when we speak of investments, we have to make sure that we only partner with someone who is reliable and someone we can trust. In getting any type of insurance, Malayan Insurance is a trusted name. It adheres to globally accepted quality management standards as evidenced by the ISO 9001:2000 certification it has received from Certification International U.K.Ltd in 2009. After 89 years, Malayan Insurance still stands tall and continues to provide the best insurance coverage in the country.