Professional Indemnity Policy
Unique medical defence through insurance and discretion
Traditionally, medical defence organisations have provided medical indemnity to doctors on either an insured or discretionary basis.
An insurance policy is a contractual agreement that will always provide assistance under the terms of the policy. Discretionary benefits give a doctor the right to ask for assistance but not necessarily the right to receive it.
We believe that our members should have the security that insurance provides but that they should also be able to call on discretionary assistance if they need it - the best of both worlds.
That's why integral to most classes of MDU membership is a Professional Indemnity Policy, underwritten by SCOR UK Company Limited and by International Insurance Company of Hannover Limited. , which can provide the safeguard you need for complete peace of mind.
Cover under the Professional Indemnity Policy
The policy provides cover of up to £10 million (£5 million for paramedics)* for any legal liability to pay compensation, including claimants' legal and defence costs, arising out of a clinical negligence claim. Cover is for clinical services provided within the UK and for Good Samaritan acts provided worldwide.
The Professional Indemnity Policy also provides overseas cover for training grades working in recognised supervised training positions in many countries of the world*.
Discretionary benefits continue to be available to MDU members and offer additional flexibility in conjunction with the Professional Indemnity Policy.
The Professional Indemnity Policy is arranged through MDU Services Ltd (MDUSL) and underwritten by SCOR UK Company Limited and by International Insurance Company of Hannover Limited. International Insurance Company of Hannover Limited is part of the Hannover Reinsurance Company, the world's fourth largest reinsurance group, while SCOR UK Company Limited is part of the SCOR group, the world's fifth largest reinsurer. By having two such significant institutions standing directly behind the policy, MDU members have access to even greater security.
MDUSL is an insurance intermediary, authorised and regulated by the Financial Services Authority in respect of insurance mediation activities only.
The policy is provided to most individual paying members. For full terms and conditions of the policy including all policy exclusions, you can download a specimen policy document.
* subject to terms of the policy
