Surgeons Insurance

Surgeon Malpractice Insurance does not cover all types of lawsuits and claims. It is always recommended to talk to your insurer, insurance broker, or directly read the terms of your policy agreement to understand your specific insurance coverage. Typically, claims involving misdiagnosis, personal injury, breach of professional confidentiality, and incorrect treatment that lead to bodily or mental harm to a patient fall under Medical Malpractice Insurance. However, coverage may vary depending on the insurance company and policy details.

Misdiagnosis, injury and breach of confidentiality that lead to bodily or mental harm to a patient is typically what falls under Medical Malpractice Insurance.

When filing a claim with Medical Malpractice Insurance for Surgeons, the first step is to notify your insurer immediately or contact a broker like Jensten, who can liaise with your insurer on your behalf. Next, other parties such as solicitors, insurance brokers, or a dedicated claims team may assist you throughout the claims process. Our in-house team is experienced in supporting surgeons and other medical professionals, including general surgeons and physicians, ensuring you have access to the right advice and assistance for a successful claim.

We have a team dedicated to helping with the claims process surgeons or other medical professionals may have to face. This team can help check that you are making the best case for your claim to the insurer and help surgeons unfamiliar with the process.

While not a legal requirement by the UK government, Medical Malpractice Insurance for Surgeons or Indemnity Insurance specifically, is a requirement for memberships in regulatory bodies. The GMC states “You must make sure you have adequate and appropriate insurance or indemnity arrangements in place covering the full scope of your medical practice in the UK.” on their Insurance, indemnity and medico-legal support web page.

Tail cover, also known as run-off cover, provides extended protection after a surgeon has retired, ceased practicing due to disability, or death. The length of the run-off cover is usually defined by the insurer and can vary by province or country. This extended coverage protects surgeons from claims made after they have stopped practicing but related to incidents during their active coverage period. Tail cover can affect the overall Malpractice Insurance cost for surgeons and neurosurgeons. At Jensten, we arrange a 5-year run-off cover, provided the surgeon has maintained continuous coverage without any gaps.

When selecting Malpractice Insurance for surgeons, it is essential to consider the insurance needs specific to your practice type and location, such as Ontario or other provinces in Canada. Different insurers offer varying amounts of insurance coverage, premiums, and benefits. Some policies are fixed, while others are customizable, allowing surgeons to include or exclude certain coverages based on their personal and business needs. Look for policies that also cover property damage, office liabilities, and provide access to medically qualified legal advice. Additionally, consider whether the insurer offers coverage for employees and other healthcare professionals working within your practice.

Besides Malpractice Insurance, surgeons should also consider other types of insurance coverage to protect their medical practice and personal life. These include disability insurance, which provides income replacement if illness or injury prevents you from working; critical illness insurance, which offers a lump-sum payment upon diagnosis of serious illnesses such as heart attack or stroke; and life insurance to protect your family and financial plan. Business insurance options like property insurance for office premises and general liability insurance for personal injury or property damage to clients are also important for comprehensive protection.

By understanding and addressing these insurance needs, surgeons can ensure they are financially protected against the unique risks of their profession, safeguard their medical practice, and provide peace of mind for themselves, their employees, and their clients.