Professional indemnity insurance for healthcare businesses

Protecting your client's business & staff

Healthcare services are often delivered via complex ownership and business structures which can lead to potential gaps in insurance protection.

Often these businesses are not wholly owned by the doctors working in them, they may employ a range of allied health care professionals and the doctors may be insured with different insurers.
 
Gaps in cover that arise because of the way services are provided cannot be easily covered by each doctor’s individual medical indemnity insurance. In some cases, doctors may not want matters they are not directly involved in dealt with under their personal policies.  MIGA offers a policy, called Healthcare Insurance, to cover medical practices and companies for medical indemnity claims that may be made against them.
 
We understand the important role insurance brokers play in educating and advising their clients about the risks they face.  We like to work closely with Insurance Brokers to understand their clients’ needs and work together to provide the best solution.
 
Our policy covers the liability of the company or practice entity, its subsidiaries and their employees including health care professionals such as nurses, technicians and the like (other than employed doctors*). Cover is also provided for vicarious liability for the acts of employees, including employed doctors and contractors, consultants and agents.  Review the benefits below.

Need a solution for your healthcare clients?

It’s quick and easy to find out more about the protection MIGA can provide.

Benefits MIGA can deliver your clients

Flexible limits of cover

You can select a limit of cover based on your client’s risk.  Select a policy limit of $1 million, $5 million, $10 million or $20 million depending on the client’s circumstances.

Protection for employed admin staff

Cover is provided where the actions of employed staff are alleged to have contributed to a poor patient outcome.

Access to free medico-legal advice

Your client can access MIGA’s free medico-legal advice service which they can use to seek advice on matters related to the operation of their business.

Support when a claim arises

Our in-house solicitors have significant experience in personal injury and medical indemnity claims and maintain frequent personal contact with clients involved in claims.  This ensures that your client is involved and kept informed of progress.

Group arrangements for doctors' individual cover

MIGA can offer your client a tailored group insurance arrangement for the doctors’ individual cover which dovetails with the practice’s insurance, enabling the doctors to maintain their own insurance cover but access more competitive premiums.

Easy payment options

Your client has the convenience of annual or monthly direct debit payments at no additional cost!   Establishing a direct debit arrangement ensures peace of mind, knowing you have continuous cover in place.

Need advice on introducing this product to your healthcare clients?

Call us, we can help you introduce the product to your healthcare clients and even accompany you on key appointments if necessary.  Talk to us about how we can support you.

Resources

Policy Wording

Details the basis on which insurance cover is provided.

Read more

Checklist for healthcare businesses

Does your client's healthcare business need its own professional indemnity insurance?

Read more

Product features & benefits

Get the low down on the product features and how they benefit your clients.

Read more

*An optional extension is available to cover employed doctors directly under the Healthcare Insurance or alternatively doctors can maintain their own insurance and Healthcare Insurance will cover the company or practice over and above the individual doctors’ policies.

Insurance policies are issued by Medical Insurance Australia Pty Ltd.  MIGA has not taken into account your personal objectives or situation.  Before you make any decisions about our policies, please review the relevant Product Disclosure Statement (which can be found here) and consider your own needs.