Professional Indemnity Insurance

For Doctors and Medical Practitioners

The policy protects professionals from financial losses due to claims of negligence, errors or omissions in their work. It covers litigation expenses when lawsuits arise and pays settlements whenever applicable.

 

Key Highlights

Out of Court Settlement

Policy can pay for an out of court settlement up to the limit of indemnity, this is subject to prior intimation to the Insurer and consent thereof, by the Insurer.

Retroactive Cover

Policy can cover work done prior to inception, as per the retroactive date.

Boosts Conversions

Organizing and presenting key information effectively increases the likelihood of turning your visitors into customers.

Compulsory Excess

The Insured has to bear a compulsory excess of 0.25% of the claim or Rs. 12,500 whichever is higher.

Multiple Claims

Multiple Claims can be paid up to the limit of liability within the policy period. Even if there is a single claim, the maximum compensation up to limit of liability can be paid.

Defense Cost

Policy covers legal liability arising out of defense cost, fees and expenses anywhere in India in accordance with Indian Laws.

Breach of Confidentiality

Policy covers claims arising due to loss of critical documents of the patient.

Loss of Documents

Policy covers claims arising due to loss of critical documents of the patients.

  • Insurance with unique advantages.
  • Litigations handled by in-house team of medicolegal lawyers.
  • Regular updates about ongoing litigation on email.
  • The status of your case can be inquired just over a call to our office.
  • Discounted premium for indemnnity insurance.
  • Concession at conferences & books purchase.
  • Login to Panacea website & avail downloads like bare acts, gazettes, notices etc.
  • Inclusion in all future activities of Panacea.
  • Up to 60 calls/year.
  • Immediate answers to emergency queries in real time, eg: should I inform police? how? Can I treat foreign patient? Can I terminate pregnancy after 24 weeks? etc.
  • Unique concept of visit by medicolegal consultant at your hospital, checking the compliances, documents, consents, registers. etc.
  • On spot realtime guidance.
  • Training to the staff and solving queries.
  • Support for issues of other medical laws like PNDT,MTP,ART,Surrogacy, Drug act, Bio medical waste acts. etc.
  • Reply to notice under those laws
  • Assistance in court cases under those laws
Be Safe Charge Sheet

Be Safe Indemnity

Category General Physician (MBBS)
Membership
₹5,000
Basic
₹3,400
Call Center
₹5,000
Audit
₹10,000
Add. Cover
₹10,000
1
CATEGORY

General Physician (MBBS)

Membership₹5,000
Basic₹3,400
Call Center₹5,000
Audit₹10,000
Add. Cover₹10,000
2
CATEGORY

Consultant (MD, DNB-Equivalent)

Membership₹5,000
Basic₹4,500
Call Center₹8,000
Audit₹15,000
Add. Cover₹10,000
3
CATEGORY

Surgeon, Phy (MD) Consultant – NICU, PICU, ICU

Membership₹5,000
Basic₹6,000
Call Center₹10,000
Audit₹25,000
Add. Cover₹10,000
4
CATEGORY

Gynaecologist, Super Specialists (MCH, DM)

Membership₹5,000
Basic₹7,000
Call Center₹20,000
Audit₹50,000
Add. Cover₹10,000
5
CATEGORY

Anaesthetist Intensivist

Membership₹5,000
Basic₹9,000
Call Center₹15,000
Audit
Add. Cover₹10,000
6
CATEGORY

Plastic Surgeon Maxillofacial Surgeon

Membership₹5,000
Basic₹15,000
Call Center₹15,000
Audit₹50,000
Add. Cover₹10,000
7
CATEGORY

Dentist

Membership₹5,000
Basic₹7,000
Call Center₹10,000
Audit₹15,000
Add. Cover₹10,000

Hospital/Nursing Home

Enquire on the contact number for details about premium

Contact Details

Frequently asked questions

Here are some common questions about our company.

What is Professional Indemnity Insurance?

It’s a specialised policy that protects doctors and medical professionals from financial loss arising due to legal claims of negligence, errors, or omissions in their professional duties.

All practicing medical professionals, including doctors, surgeons and medical practitioners across specialties, are eligible.

Yes, the policy covers legal liabilities and proceedings anywhere within India, under Indian jurisdiction.

You’ll typically need to submit:

  • A copy of your medical registration certificate
  • Valid ID proof
  • Any previous indemnity policy details (for retroactive cover)
  • A completed proposal form

50,000+ medical professionals trust Panacea Medicolegal for comprehensive protection

Join us to safeguard your practice and ensure peace of mind.