Professional Indemnity Insurance

The Nepal Orthopaedic Association (NOA) is pleased to provide a Professional Indemnity Insurance Scheme for its members in collaboration with Prabhu Insurance Limited. The scheme is intended to provide financial protection to enrolled NOA member surgeons against legal liability arising from professional medical services, subject to the terms, conditions, limits, deductibles and exclusions of the insurance policy.

View the gallery – signing of professional indemnity insurance.

Insurance Provider

Prabhu Insurance Limited

Member Contribution

Each eligible NOA member is required to contribute:

NPR 1,000 per year

The remaining insurance premium is subsidized by the Nepal Orthopaedic Association, subject to the applicable NOA scheme arrangements.

Policy Details

• Class of Business: Professional Indemnity Insurance – Medical (Professional Doctor)
• Policy Period: One (1) year from the date of policy issuance
• Territorial Limit: Nepal, unless extended by endorsement

Insurance Coverage

The policy provides indemnity for legal liability to a third party arising from an error and/or omission committed by the insured while rendering professional medical services, where a claim is first made against the insured and notified to the insurer during the policy period, subject to the policy terms and conditions.

Limits of Indemnity

• Annual Indemnity Limit: NPR 5,00,00,000 (Five Crores)
• Any One Person/Event: NPR 30,00,000
• Multiple Events within the Same Day: NPR 50,00,000
• Any One Period of Indemnity: NPR 5,00,00,000

Deductible

The insured member shall bear:

10% of the claim amount, subject to a minimum deductible of NPR 50,000.

Defence Costs

Defence costs for any one incident are limited to NPR 3,50,000, subject to the terms of the policy and the applicable Any One Event limit.

Eligibility

Eligible NOA members must:

1. Be active members of the Nepal Orthopaedic Association.
2. Complete the required member contribution.
3. Submit the prescribed online registration form and payment proof.
4. Complete enrollment and receive confirmation from NOA and the insurance provider.

Important Information

1. Coverage is subject to the terms, conditions, exclusions, limits and deductible specified in the insurance contract and policy schedule.
2. The insurance cover becomes effective only after the applicable premium has been received by the insurer and the member’s enrollment has been successfully confirmed.
3. Any claim, or circumstance reasonably likely to give rise to a claim, should be notified to the insurer in writing as soon as practicable.
4. The insured member must not admit liability, make an offer, or agree to any settlement without the prior written consent of the insurer.
5. Members should retain their payment receipt and relevant insurance/enrollment documents for future reference.
6. The policy may be renewed annually by mutual agreement, subject to revised terms and premium as determined by the insurer.
7. The policy is governed by the laws of Nepal and is subject to the dispute-resolution provisions specified in the insurance contract.

Annual Insurance Premium

The annual premium under the signed policy schedule is:

NPR 5,65,020 (inclusive of VAT and stamp duty)

The portion payable by individual NOA members is determined under the NOA member contribution arrangement.

Registration

Eligible NOA members may register for the Professional Indemnity Insurance Scheme through the prescribed online registration form (form closed for now).

Contact

NOA members may contact our advocate panel for free medico-legal advice.

Please contact the member secretary of Ethical committee Dr. Deepak Dutta if any medical issue arises. Login and visit his profile to view his contact number and email ID.

One can also contact the Ethical committee members of their respective province or nearby.