Medical Indemnity Insurance -  Product Summary

With effect from 1st March 2005, NTUC Income is offering Medical Indemnity Cover on an "incidence occurrence" basis.

NTUC Income's Medical Indemnity Policy is designed for doctors to cover their legal liabilities arising from medical negligence.

Coverage

• your legal liabilities as a result of carrying out your duties as a medical professional, including Good Samaritan Acts.
• claims arising out of
  1. bodily injury, illness, disease or death of any patient made against you
  2. costs and expenses incurred in the defence or settlement of any such claims
• the legal liability of your employees, but only for acts within the scope of their employment and whilst under your supervision, direction and control.

Territory/Jurisdiction

Singapore

Limit of Indemnity

S$5m any one incident/any one period of insurance

Period of Insurance

One year from the commencement date and is yearly renewable.

Incidence Occurrence Cover

This policy covers you for any Claim(s) :

• arising out of any incident occurring during the Period of Insurance as a direct result of any negligent act, error or omission in conducting the Medical Profession.
• made against you after the end of the Period of Insurance for :
  1. a further consecutive period of 2 years; or
  2. any further period as Income may in its absolute discretion decide, and subject to such conditions as NTUC Income may impose

Main Exclusions

This policy does not cover :

• all known claims, circumstances and allegations that might lead to claims at commencement of the policy
• war & terrorism
• fines, penalties
• loss due to dishonest, fraudulent, criminal or malicious acts
• the operation or management of a blood bank