The profession of a doctor requires a lot of studying and training. However, despite all the efforts, doctors face various unfortunate circumstances, leading them to financial and legal liabilities. To safeguard them from such claims, doctors can purchase different insurance plans. Furthermore, as a doctor, you can also buy the best health insurance and life insurance policies to help you get financial assistance in emergencies. After all, even doctors can fall sick, right?
To support doctors in their professional journey, CoverYou offers various kinds of insurance policies catering to the different requirements of doctors and hospital staff. Our insurance deals are made with extensive planning and consultation so that you get more advantages.
Exclusive Insurance Policies for Doctors by CoverYou
As a doctor’s role involves inherent risks, one needs to take precautionary measures to overcome unforeseen situations. The insurance policies by CoverYou ensure doctors practice with confidence by protecting their finances at various events. Let’s check out the essential insurance policies that will help you perform your duties as a doctor without worrying about the consequences.
1. Professional Indemnity
Professional Indemnity is a typical insurance scheme for doctors that provides them with financial protection when legal disputes arise due to patient allegations. As a doctor, you will definitely look forward to providing the best treatment and care possible for your patients, but as humans, you can also make mistakes. In situations like these, patients or their relatives may move to court, claiming a medical mistake or negligence. Though that was not your intent, once a case moves to court, the trials would eventually begin, which is quite costly. Hence, you must purchase Professional Indemnity insurance to get that financial aid without spending money from your pocket. At CoverYou, we provide Professional Indemnity coverage against allegations, including breaches of confidentiality, medical malpractice, negligence, mistakes, omissions, and loss of documents.
2. Public Liability Insurance
When patients’ or their relatives’ claims originating from physical injury or property damage are sustained by a court of law, doctors must pay them compensation. If you’re not insured, you might have to bear a hefty expenditure. To prevent such financial loss, you can obtain public liability insurance. With CoverYou, you can purchase public liability insurance that covers individual injury, property damage, and substantial injury. Our dedicated team of experts will offer you guidance if you’re obtaining this kind of policy for the first time. Furthermore, if there are any situations arising out of advertising rights, we can help you settle the matter in no time. By paying a small premium every month, you can get a lump sum of money to settle such claims.
3. Health Insurance
At CoverYou, we provide health insurance not only to doctors and medical professionals but also to the general public. As the name suggests, it is a type of financial assistance that insurers provide to individuals so that they can carry out medical and surgical expenses. With soaring healthcare expenditures, everyone must get themselves insured, and that counts for doctors as well. Even as a doctor, you never know how serious your health can get at times, so you should always seek medical insurance that offers maximum coverage based on your health condition, age, and many other factors. At CoverYou, you can buy health insurance for yourself and your entire family under one policy. Furthermore, with our insurance plan, you will get coverage worldwide. Over 1.5 lac doctors trust our health insurance policy for its unique offerings.
4. Life Insurance
Life Insurance is a financial product that offers lifetime coverage to an individual. In this type of insurance, the person pays premiums at given intervals. At the end of its term, the insurance provider will provide the said money to the beneficiary of the person if the insured event like disability/death or any factor takes place. Even doctors are not immune to such circumstances, so for the betterment of your family, you can apply for life insurance from CoverYou. We help you meet your financial obligations in hard times. Additionally, we offer significant tax benefits that can act as emergency funding for your family in unfortunate situations.
5. Property Insurance
There are various machines and equipment used by doctors to treat patients or to run medical examinations. Doctors also buy surgical instruments to carry out surgeries on patients. Since hospitals and clinics mostly own them, you might have to pay for their damage if you break them. Instead of relying on personal finances, securing a property policy is an ideal choice. Accidents can happen anytime; thus, CoverYou comes with a great deal of property insurance. Our premiums for this policy are highly cost-effective, and our team confirms the risk of damage immediately.
Conclusion
The profession of a doctor is noble. However, it is associated with many risks. There can be a risk of physical injury to patients or alleged claims of medical negligence. Furthermore, as a doctor, you can face several health problems. But whatever the case is, you cannot keep away from your responsibilities to your patients and yourself. So, you must seek the aforementioned insurance policies. Understand these policies and premiums and apply for one or all based on your requirements. CoverYou is always ready to get your insurance needs covered.
