What does a policy typically cover?
Professional Indemnity Insurance provides protection against claims related to your professional activities, as opposed to your physical space. It will cover you in the event that a patient alleges negligence, malpractice, or a breach in clinical or professional care standards.
PI Insurance is particularly important because it provides protection against the kinds of claims that can cause extreme stress on a personal level and the most serious kind of crisis on a professional level.
Medical Professional Indemnity Insurance will pay out (up to the agreed indemnity limit of the policy) in the event of an allegation made against you in your professional capacity. The policy can pay out for legal costs that you may incur in defending the claim as well as any award that might subsequently be allocated to an injured party.