The importance of doctors goes beyond saving lives. It also matters to them if they can help their patients enjoy life or improve its quality, in case they can’t be cured.
Doctors are absolutely an integral part of the society. However, they are human too — capable of committing errors. Failing to render medical services or an error in rendering medical services may result to death sickness or bodily injury of the patient. When mistakes are made by medical professionals, medical malpractice arises. Medical malpractice also refers to mistakes of medical facilities such as hospitals. According to research, the two most common reasons for a lawsuit are failure to diagnose or delayed diagnosis and complications from treatment surgery.
The good news is, medical professionals are protected by purchasing medical malpractice liability insurance from Malayan. It is a liability insurance which purpose is to pay for the cost of damages and defense cost resulting from the negligent acts or omissions of the Assured. In this case the medical professional.
Medical malpractice insurance are not as popular with healthcare providers despite being a highly valuable cover and being available locally for a while now. Liability coverage means peace of mind for the healthcare professionals. They can perform and concentrate on their jobs with no worries of losing their financial assets in case of a lawsuit. Purchasing one would be beneficial for the individual doctors and hospital establishments.
Some of the common medical malpractice covered by Malayan insurance are wrong diagnosis provided, diagnosis failure, improper treatment, errors in medication, and errors in surgery.