Insurance coverage for medical professionals

Anyone who causes damage to a third person is already liable without limitation and with their entire assets in accordance with Section 823 of the German Civil Code (BGB). Since this can happen not only in the private environment but also when working with patients, professional liability insurance is important in medical studies. This is because it takes over justified claims for damage from the injured third party. The sum insured should be high and continuously adapted to the level of case law.

We therefore offer a flat-rate coverage of 10 million euros for personal injury, property damage and co-insured financial losses. This is maximised three times (i.e., three times a year). This is far more than the legislator requires for practices or medical service centres. We recommend dealing with the topic of professional liability insurance in medical studies at an early stage and will be happy to support you with our expertise.

As double insurance is not possible with professional liability insurance, the existing (older) professional liability insurance contract must (!) first be cancelled in compliance with the notice period. The period (often three months) and the corresponding expiry (often the end of the calendar year) are stated in the insurance policy. Funk Experts are happy to help with any questions you may have.

The protection exists for both parties involved in the claim. On the one hand, you are protected against economic damage from legitimate claims by third parties or from the costs of defence vis-à-vis unjustified claims. On the other hand, the injured person is also protected, and should also be given a reasonable sum in the case of justified claims. Both are assumed by the insurer in accordance with the conditions, if professional liability for medical students has been concluded.

Yes, you will receive an "insurance confirmation according to § 113 paragraph 2 of the Insurance Contract Act", which confirms that the contract meets the requirements according to § 95e SGB V.