Why do I need my own indemnity?
As a junior doctor, it is most likely that you are indemnified by the State in relation to medical negligence claims made against you that arise from the provision of medical services to patients in the public health system. However, there are some situations that may not be covered by this indemnity arrangement, such as:
- Coronial investigations.
- Medical Board inquiries.
- Royal Commissions.
- Disciplinary proceedings.
- Professional Services Review Committee Investigations.
- Hospital Inquiries.
Having your own medical indemnity insurance gives you the security of knowing that you will have your own independent representatives providing you with assistance, support and legal advice.
There can be significant legal costs associated with these types of inquiries and investigations. Costs for inquiries can be upward of $100,000 while major investigations can run to more than $300,000.