Medical indemnity insurance protects you against the financial consequences of litigation. Claims are lodged when standards of care are felt to have been breached resulting in the personal injury or death of a patient.

An important component of individual premiums is the your risk profile. This is typically determined by a number of factors:

• medical specialty
• income band/gross billings
• location (jurisdiction) of practice.

Your risk profile depends largely on the claims experience of a given indemnity provider, and thus premiums can vary significantly between providers.

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