Do Nurses Need Indemnity Insurance?
Professional indemnity insurance (PI) is generally intended to cover the insured in cases of possible compensation for loss and damage as a result of errors or negligence during the performance of the service. By definition, PI applies to all professionals. The employer usually takes compensation schemes if the person is employed. Self-employed persons receive their own coverage after specialization.
That said, all health workers, including nurses, are adequately covered by the hospitals and health centers they recruit, whether they are public or private institutions. Why do they need their own IP?
Nature of the work
Due to their profile and scope of work, nurses work at the basic level in the health profession, and make direct contact with the patient, follow developments, administer medicines and injections and assist doctors. This is in addition to handling a number of routine tasks, including passing on or translating the doctor’s instructions to patients and their families.
Some of them work as caregivers and work at home to treat patients who cannot go to the health center or hospital.
Due to their busy working hours, the amount of work and the number of patients seen daily, they risk receiving complaints related to negligence, incorrect administration of medication, unintentional overdose of medication or a number of other alleged errors.
PI can provide protection against claims not only related to professional negligence, supervision or errors, but also cover costs related to:
- Legal defense of a claim
- Loss of income (if the person is suspended or loses his job)
In some cases, PI can help avert other aspects – including libel, misinterpretation of facts and suspicious behavior.
PI, for practicing nurses and midwives, has been required by law since July 2014. The fee must be sufficient to cover all risks associated with the size and specialization of the practice.