Apply on-line for a locums professional indemnity insurance in Gibraltar from a range of leading insurers providing cost effective professional liability insurance protecting you and your business against legal action in respect of claims arising in the execution of your professional duties.
What is locums professional indemnity insurance?
The professional indemnity insurance for locums policy protects you against of claims made in respect of your legal liability for low arising from a breach or alleged breach of professional duty.
What is covered by the locums professional indemnity insurance policy?
Is the locums professional indemnity policy claims made or claims occurring?
What is the limit of indemnity under the locums professional indemnity insurance policy?
Is the locums professional indemnity insurance policy on an aggregate basis or an each every basis?
Traditionally, professional indemnity insurance policies were issued on an aggregate basis and many still are, however locums professional indemnity insurance policies are now more generally available on an each and every claim basis and this has a clear advantage over the aggregate basis for policyholders. Under an aggregate basis the limit of indemnity is the maximum payable in respect of any one claim and all claims in a single policy year. The each and every claim basis means that the full limit of indemnity is available in respect of all claims in a policy year.
What is the excess under the locums professional indemnity insurance policy?
The policy excess is the amount that you will have to contribute in respect of each and every claim that occurs under the policy. You can achieve savings on the cost of your locums professional indemnity insurance if you choose to accept a higher policy excess.
Does the locums professional indemnity insurance policy cover me in respect of public liability claims?
The standard locums professional indemnity insurance policy does not include cover in respect of claims for bodily injury and property damage arising during the course of your work. This would be covered by a public liability policy but we can include this cover for you upon request.
How much does professional indemnity insurance for a locum cost?
The cost of your locums professional indemnity insurance will depend on a few key factors; the exact nature of your work, who you undertake work for, the amount of work you undertake annually and your claims history in the past.
What is locums run off professional indemnity insurance?
As a locum you can purchase a run off professional indemnity insurance policy to protect you against claims made against you in the future in respect of work carried out in the past. This is very important when you come to retire or sell your business as your existing policy will not continue to protect you as a result of the claims made nature of the policy. What is the retroactive date under an locums professional indemnity insurance policy? The retroactive date under your policy is the date from which claims arising out of work undertaken from this date will be responded to by the policy. This should be the date of your first policy, when you started trading or better still a zero date which confers cover in respect of all dates in the past.
How do I arrange locums professional indemnity insurance?
You can apply on-line or you can call us direct to discuss your requirements with a specialist professional indemnity broker who will be happy to discuss your locums professional indemnity insurance needs.