3 Mistakes to Avoid While Purchasing Professional Indemnity Policy

Not Paying Attention To The Terms And Conditions One of the most prominent mistakes that people often make is not reading the terms and conditions. Paying attention to only coverage is not enough, you must not overlook the terms and conditions of the policy. Go through it properly, read and understand it thoroughly before investing in the insurance.

Ask the insurance provider to make you understand each and every part of the terms and conditions. Pay heed to all the exclusions, like contractual liability, penalties, loss of goodwill, defamation, etc. So, do not make the mistake of overlooking this section of the policy. If you do, then you may regret later for your decision.

Conclusion These are the three most common mistakes that people often make while purchasing the policy of professional indemnity for doctors. Thus, they should avoid these mistakes to ensure that they have not made a mistake by investing in the policy.