Risk Management – How does it reduce the likelihood of a Claim?D...
Are you a cardiologist working within a private practice? Then you'll know only too well how exposed you are to receiving possible legal action. The threat of legal action being taken against you, is due to your legal responsibility should personal injury arise throughout the course of your treatment.
The likelihood of it happening at some point throughout your career is high. Lawsuits against cardiologists who aren’t smart enough to have protection can be career ending and life changing. Having a protective cover and medical indemnity however, prevents any such risk to your career and lifestyle.
At Servca, we provide a bespoke Cardiologist insurance programme that caters for professionals looking to move away from the mainstream unions. We also cater to cardiologists who may have had previous claims whilst providing the right protection for your specific medical role.
How we can help you?
Our cardiologist insurance helps you by:
- Covering you for any losses by providing you with the insurance in respect of compensation as well as costs awarded to the claimants.
- Legal defence fees against claims or potential claims made against you.
- Specialist defence helpline so you receive professional advice from the offset.
Cardiologist Insurance With A Difference
While there is of course the option of a union based membership, the cover you receive is discretionary at best. What does this mean? Well, in the event of a claim, the union you’re a member of will review the claim individually. Upon reviewing the claim, they’ll then decide whether or not they’ll cover you.
This means that you don’t actually have definitive cover. It’s also worth noting that whether or not they choose to cover you, your membership fees will increase dramatically the following year anyway. This means that despite a rather uncertain protection, you still end up paying (in some cases extortionate amounts) for the cover you may or may not receive – and then some.
At Servca, you can rest assured that you’re backed by a legally binding contract with an ‘A’ rating security and highly flexible excesses, often starting at no excess.
For more information on our alternative cardiologist insurance, simply contact us today.