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What is the concept of AOA: AOY in Doctor’s Professional Indemnity Insurance?

 Overview: AOA & AOY Explained  Doctor’s Professional Indemnity Insurance protects medical professionals (e.g., GPs, specialists, hospitals) from financial/legal repercussions due to alleged negligence, errors, or omissions during patient care.  Two key limits define coverage:  AOA (Any One Accident): Maximum payout for a single incident.  AOY (Any One Year): Cumulative payout limit per policy year.  AOA:AOY […]

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What happens if you pursue unlicensed medical practice?

The knowledge of medical science gives doctors the expertise to diagnose ailments and find their cures. If you’re a doctor, you surely realize the weight of responsibilities you carry on your shoulders. However, you also need to abide by regulations and possess a valid license to carry out your medical practice. A doctor must renew […]

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How do doctors stay insured for risky procedures?

Qualifying as a medical practitioner is a matter of great pride and honor. A doctor’s job is to diagnose the patient’s ailment and treat him to good health. While some treatments are minor, there are complicated and riskier procedures too. A doctor treats a patient with utmost caution but during a complicated procedure, things might […]

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