Nursing Insurance: The Basics of Professional Indemnity for Nurses
Professional indemnity insurance is defined as a type of insurance which helps safeguard professional individuals and companies from suffering the comprehensive expenses of defending against a negligence claim made by a client or a patient. Among the fields which primarily need professional indemnity insurance is the nursing industry that is sometimes subject to the possibility of making errors. A nursing insurance policy enables nurses to simply perform their respective jobs without being anxious about the damages to their careers and finances should any mistakes happen. In 2009 alone, more than 10,000 in-hospital errors committed by nurses were reported, with 1100 of these cases resulting in death. In addition, global statistics show that in every 300 errors committed, one has eventually led into deaths. Among the primary reasons of nursing care errors include administering the wrong medication and providing incorrect advice to the patients as well as failing to carry out pa...