PRESENTED BY HEALTHCARE PROFESSIONAL INDEMNITY INSURANCE: A MUST FOR ALL MEDICAL DOCTORS IN NIGERIA. PRESENTED AT THE ANNUAL GENERAL MEETING AND SCIENTIFIC CONFERENCE OF NIGERIAN MEDICAL ASSOCIATION DYKES INSURANCE BROKERS LIMITED
OUTLINE 1. MISSION 2. OBJECTIVES 3. DEFINITION 4. RELEVANCE 5 OUTLINE 1. MISSION 2. OBJECTIVES 3. DEFINITION 4. RELEVANCE 5. CREATION OF AWARENESS 6. BENEFIT PLAN TO NMA and her Members 7. PROPOSED LIMIT 8. CONCLUSION
MISSION To have a professional Indemnity Insurance cover is an intelligent decision No matter the wisdom you invested in building your house you will need more to make it your home.
DEFINITION This is a policy that covers legal liability for negligent acts, error and omission committed by healthcare professionals in their professional capacity.
RELEVANCE .The policy is a standard medical professional requirement across the globe . The policy is an act of professionalism . The policy is one of the six(6) compulsory insurances by the law of the federal republic of Nigeria
CREATION OF AWARENESS Creation of awareness on Healthcare NEGLIGENCE BY medical Doctors in Nigeria IS ON THE INCREASE AND THE STAKE HOLDERS ARE GREATLY CONCERNED
PROPOSED BENEFITS TO NMA AND HER MEMBERS PROPOSED BENEFITS TO NMA AND HER MEMBERS .Cover takes care of legal representation cost . Claims, damages and compensation are paid on behalf of the insured .Comprehensive value added benefit of group life insurance cover of #1,000,000.00 at no extra cost .Comprehensive car insurance at a discounted premium rate of 2% for all NMA members .Fire and burglary insurance at a discounted premium rate of 0.125% and 0.25% respectively for all NMA members .Yearly project assistance to NMA .Yearly financial support towards the AGM
PLATFORM FOR PROPOSED LIMIT PLATFORM FOR PROPOSED LIMIT *A –House officers/NYSC/Senior house officers/Medical officers *B –Registrars/Senior Registrars/Senior Medical officers I and II *C –Consultants/Senior Consultants/Chief Consultants/Principal Medical officers I and II/Chief Medical officers. CATEGORIES LIABILITY LIMIT PREMIUM @ 0.5 GROUP LIFE COVER LIMIT A #1,500,000.00 #7,500.00 #1,000,000.00 B #3,000,000.00 #15,000.00 C #5,000,000.00 #25,000.00
CONCLUSION To have a professional Indemnity Insurance cover is an intelligent decision
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