Being a practicing physician you are legally responsible to
many things that can cost you fortune and can end your practice. Though It is
not very common for patients to sue a doctor for negligence or for failing to
exercise due seriousness during the treatment of patients, which is usually
known as malpractice, and it can cost the doctor a bundle of money. The court
may order the doctor to pay the patient for damages caused if it is proven
that the doctor’s failure was responsible. Physician malpractice
insurance offer doctors with financial security in case they are sued
by patients, and provide him peace of mind.
It is obligatory for a practicing doctor to have doctor malpractice insurance .The
insurance provider owns the responsibility of any legal liability if it comes
into reality because of any sort of malpractice if the doctor is having
malpractice insurance. It means that Doctor doesn’t have to pay anything if for
the damage caused by the doctor but insurance provider will pay for such damages
.This insurance can be bought as individual or as part of large group such as a
hospital. There are many companies out there in the market are offering
malpractice insurance at very reasonably charges, websites of these companies
can be visited for online quotes.
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