Medical Indemnity Insurance

Finally… medical indemnity insurance that doesn’t require forced membership to a group, or rate you based on private billing bands.  Finally, medical indemnity insurance cover through an insurance broker that can provide advice and thus, ensure that all of your covers are under the one roof – your property, your vehicles, your travel and now, your medical indemnity insurance.

Our preferred policy is underwritten by Berkshire Hathaway Specialty Insurance Company – one of the world’s largest medical indemnity insurers – a brand synonymous with trust and integrity. Further, this cover is included on the Medical Board of Australia’s list of authorised medical indemnity insurers.

The significant benefit of organising insurance through Medico Insurance Services is that it provides you the benefit of specialist guidance, genuine choice (for all your insurances) and a better outcome with the flexible renewal dates and premium rates that are not based on a drop down box.  This ensures that you will always receive responsive, professional and expert medico legal advice and claims support when you need it most so you can continue to focus on providing quality patient care.

In our experience, the medical indemnity rate could be as much as 30% less than what you’re presently paying.  Wouldn’t you rather these savings in your pocket?

Contact us today here or call us on 1300 MED INS (1300 633 467) for a complimentary, no obligation quote to see how much you can save.

It is Your Cover, Tailored For You.

Healthcare Specialties we cover:

• Anaesthesia
• Bariatric Surgery
• Cardiology
• Cardiothoracic Surgery
• Colorectal Surgery
• Cosmetic Proceduralist
• Dermatology
• Emergency Medicine
• Endocrinology
• Gastroenterology
• General Physician
• General Practice
• General Surgery
• Genetics
• Geriatric Medicine
• Gynaecology/IVF
• Haematology
• Hospital Medical Officer
• Immunology and Allergy
• Infectious Diseases
• Intensive Care
• Medico-Legal
• Nephrology
• Neurology
• Neurosurgery
• Nuclear Medicine
• Obstetrics & Gynaecology
• Occupational Medicine
• Oncology
• Ophthalmology
• Oral & Maxillofacial Surgery
• Orthopaedic Surgery
• Otolaryngology
• Paediatric Surgery
• Paediatrics
• Pain Management
• Palliative Care
• Pathology
• Pharmacology
• Plastic, Reconstructive And Cosmetic Surgery
• Psychiatry
• Public And Community Health
• Radiation Oncology
• Radiology
• Rehabilitation
• Respiratory Medicine
• Rheumatology
• Sports Medicine
• Ultrasound – Diagnostic
• Urology
• Vascular Surgery

Key Product Highlights

• Retroactive cover to ensure you are protected. Our policy will provide retroactive cover (“tail cover”) for any prior practice you have undertaken.
• Your practising activities covered. We have a broad healthcare services definition to minimise the potential for gaps in your insurance protection.
• Protecting your reputation is paramount.Your reputation has value. Our policy can contribute to legal costs if you wish to continue defending a claim.We also cover the costs of engaging a public relations consultant to help safeguard your reputation.
• Flexible policy periods and renewal dates
• Start benefiting from our enhanced features now. Renew with Tego at any time of year and choose extended policy periods of up to 14 months.
• Defence Costs in Addition. Our policy provides an additional layer of protection with a reinstatement clause to ‘top up’ the policy if exhausted by a claim. Defence costs are also in addition so they do not erode the policy limit.
• No gaps when returning from maternity leave
• Mothers are eligible for the Australian Government Run Off Cover Scheme when on maternity leave but the scheme will not cover claims notified after a return from maternity leave. Our tail cover means returning mothers face no unexpected gaps.
• Public Patients Cover. We automatically cover public patient claims in your practise speciality where your hospital or area health service does not indemnify you.
• No membership fees or cancellation penalties. We do not charge membership fees or have onerous cancellation penalties or lock in provisions.
• No billing bands or mid-term increases. We do not put you in billing band categories or increase your premium mid-term if your gross billings are higher than anticipated.
• Loss of income when attending court. We automatically cover your loss of earnings for time away from your practice while attending court or arbitration in relation to a claim.
• Privacy risks
• Our policy can cover fines for breaches of privacy laws as well as the cost of notifying regulators and patients if you have a privacy breach. Don’t let a statutory fine catch you off guard
• Our policy can cover you for the defence costs and fines levied against you for certain breaches of consumer, environmental and workplace health and safety laws.
• Emergency defence costs. If you need to engage lawyers in an emergency resulting from your healthcare practice, our policy will reimburse you for these costs until such time you could reasonably have notified the insurer.
• Telemedicine. We cover telehealth services including real-time patient interactions and instant electronic monitoring.
• Needle Stick Cover. We provide an automatic lump sum payment if you are diagnosed with a covered communicable disease and are required to retire, retrain or revise your practice.