We know that medical or healthcare professionals and establishments are very vulnerable to complex risks and costly litigation. A form of professional indemnity insurance, medical malpractice insurance provides individual healthcare practitioners and medical establishments with protection and tools to manage the evolving risks of today’s complex healthcare industry.
Now you can protect your practice, reputation and financial assets with Chubb Elite Medical Malpractice – a comprehensive suite of customised solutions that even covers Good Samaritan Acts, among other aspects.
What it covers
Cover for civil liability claims arising from an act, error or omission in the provision of professional healthcare services
Cover for legal representation costs incurred directly in connection with formal inquiries into the conduct of professional healthcare services
Vicarious liability for doctors (including locums), consultants, contractors, subcontractors and agents
Cover for Good Samaritan Acts
Cover for unintentional intellectual property infringement
Cover for reasonable and necessary costs of replacing or restoring lost documents
Automatic cover for new subsidiaries acquired or created during the period of insurance (applies to medical establishments only)
Automatic run-off coverage
Advancement of defence costs and legal representation expenses
Coverage for individuals and healthcare facilities
Individuals – we serve a range of classifications, from generalists through to specialists, dentists, allied health professionals and even registered Traditional Chinese Medicine (TCM) practitioners
Healthcare facilities including, but not limited to:
Hospitals and Clinics
Chinese Medicine Clinics
Aesthetics and Beauty Centers (excluding Electvie Cosmetic Surgeries)
Physiotherapy and Rehabilitation Centers
Health Check and Disgnostic Centers
Chubb has partnered with a leading healthcare advisory consultant, Asia Care Group, to provide our Insureds with a suite of risk management services to help curtail your exposures. List of services include:
Benchmarking of risk via a structured diagnostic tool
Support to conduct clinical audits
Development of a balanced scorecard to support enterprise risk management
Development of risk policies and patient safety guides
Global network support as Chubb’s multinational capabilities offer global risk management advice and policy issuance to our insured around the world
Risk management and support from a financially secure insurer – Chubb’s core operating insurance companies are rated AA for financial strength by Standard & Poor’s and A++ by A.M. Best*
Prompt claims resolution by our local claims service to help our insured resume their operations quickly
*Ratings apply to Chubb’s core operating insurance companies. Investor Information for ratings of individual insurance companies.
For a peace of mind against reputational risks
With over 20 years of experience in medical malpractice coverage. Find out how you can be in safe hands with Chubb.