Professional liability insurance for doctors and medical students

The premiums for professional indemnity insurance vary greatly depending on status (from medical student to attending physician), speciality and type of activity (from outpatient conservative to inpatient activity as an attending physician). Prices for students usually start at around €10 per year, including insurance tax, and end at several thousand euros for gynaecologists with obstetric services. The sums insured and possible discounts (e.g., no-claims bonus) also play an important role.

In general, anyone who intentionally or negligently injures the life, body, health, freedom, property or any other right of another person is obliged to compensate the other person for the resulting damage.

In principle, professional indemnity insurance provides security for both the injuring party and the injured party. On the one hand, the injured party is protected, e.g., the patient, who should, of course, also receive an appropriate amount in the event of justified claims.

On the other hand, it protects the injuring party against financial losses caused by justified third-party claims or by the defence against unjustified claims. The insurer will cover both in accordance with the conditions – the limit is drawn in the case of intentional acts, as such cover is, of course, not permitted. Contrary to popular opinion, cover for even gross negligence is permissible and is, of course, guaranteed by Funk EXPERTS cover. Also in the event of recourse by the employer in the event of a claim. These recourse claims occur regularly. The possibility of the employer (e.g., the clinic) taking recourse against the employee (e.g., the employed doctor) is regularly overlooked.

Yes, professional indemnity insurance also protects against possible claims after hours when providing medical assistance, e.g., at the scene of an accident or when giving tips to friends or acquaintances.

No, unfortunately this is not possible for legal reasons.