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is when a health care provider fails to provide an acceptable
standard of treatment. Treatment requires the precise skill of a
doctor because of their expertise and knowledge. It also requires
sanitary conditions. When a doctor is careless or when a medical
facility does not maintain strict hygienic standards, this is called
medical negligence. In the UK, a patient has the right to file a
claim in the event of a medical error or negligence. The patient
typically has three years to file the claim, although this can be
extended in certain cases, such as if the patient does not learn of
the clinical negligence until after this period. Medical negligence
coverage is not mandatory in the UK, but there is currently a push
to make this coverage required. If the patient files a medical
negligence claim, whether legitimate or not, it can financially
devastate the provider because levels of compensation awarded can be
In these cases, medical negligence insurance coverages provides
assistance for professional medical negligence claims. Terms very,
including any financial limits. Members are entitled to assistance
only if they were a member at the time of the incident, not
necessarily at the time of the claim.
If the insured has ceased to be a member, cover is discretionary.
Under discretionary indemnity, cover is not guaranteed and is
provided at the discretion of the insurer. There is no financial
cap, and it is offered on a "claims-incurred" basis. This all claims
from any period when the individual was a member are covered even if
the claim is reported after he ceased to be a member.
Costs for coverage can vary depending on the coverage, including
actuarial services regarding pricing, reinsurance design, and
capital assessment. Some companies will create business models to
project future cash flows and reserves.
Policies are also available to assist solicitors in these cases, to
cover any costs incurred by the solicitor which are not recoverable
from the defendant. If the negligence arises from an auto accident,
the claimant's auto insurance policy will cover any legal fees in
pursuing a medical negligence claim.