Professional Indemnity Insurance for Doctors compensates patients for physical injuries, which the doctor is liable for due to errors made while providing medical treatment.
What is covered? | What is not covered? |
|---|---|
| The insurance covers: | The insurance does not cover: |
Claims for damages against a doctor due to physical injury suffered by a patient in connection with medical treatment they provide and occurs within the duration of the insurance. | Damage due to reasons other than consequences of medical treatments. |
Damages due to treatments the insured is not authorized to perform. |
The insurance does not cover damages caused by the fact that the treatment did not achieve the desired result.
The insurance is valid in Iceland.
You must report any damage as soon as possible and no later than one year from the date of the damage.
You must ensure that all the information in the insurance policy is accurate.
You must inform us of any changes in your address, telephone number, and email address.
You must follow the precautions in the terms of the insurance policy.
The premium must be paid on the due date. When the insurance policy is issued or renewed an electronic claim is created in your online bank. You have the option to distribute the premium payments by:
Credit card payment, where the premium is charged monthly to a credit or debit card.
Direct payment, where your bank account is debited monthly.
Corporate distribution, where the premium can be paid in monthly payments.
The insurance policy takes effect when an offer is accepted and is renewed annually until it is canceled.
Individuals and companies with fewer than five full-time positions can cancel the insurance at any time and it will expire at the end of the following month after the cancellation is received. Other companies can cancel their insurance one month in advance before the end of the insurance period.
The cancellation must be in writing, for example with an electronic signature.