Professional Indemnity Insurance for

PHARMACISTS    

Also available

Professional Indemnity Insurance For

 

 

All you want to know about..... PI for Pharmacists

HIGHLIGHTS OF THE SCHEME

  • Introduced  at very affordable premium rates to meet the requirements of pharmacists in Malaysia.
  • Provides continuum of cover at no additional cost. *Coverage is provided for the period after you have retired or ceased practice completely.
  • Estates and Legal Representatives of members are also covered.
  • Provides advice and assistance with representation when necessary at Malaysian Pharmaceutical Board disciplinary hearings.
  • Provides cover for Good Samaritan Acts.
  • Provides Annual Risk Management Bulletin.
  • Provides Medico-Legal assistance and support.
LIMIT OF INDEMNITY AND ANNUAL PREMIUM

Limit of Indemnity

Total Annual Premium (inclusive of 6% SST & RM10 Stamp Duty)

RM500,000 any one claim and in the aggregate RM794.40
RM1,000,000 any one claim and in the aggregate RM1,059.40
FREQUENTLY ASKED QUESTIONS
  • IS COVERAGE PROVIDED ON AN OCCURRENCE BASIS OR CLAIMS MADE BASIS? The coverage afforded by this scheme is on a claims made basis - meaning indemnity is provided for claims made against you while you are a member of this scheme. You are encouraged to continue being a member of our scheme, as we provide retroactive cover for services that you may have provided for in the past (from the effective date of cover), but being sued during the period the policy is in force. Furthermore, the scheme also offers continuum of cover for members of the scheme who retire or completely cease practice. Therefore, the coverage afforded is comprehensive and meets the requirement of the Pharmacist.
  • IN THE EVENT OF A CLAIM AGAINST ME, WHAT DO I DO AND DO I BEAR ANYTHING? Unlike other insurance policies, there is no excess applicable. In the event of a claim or if you are aware of a potential claim, you have to immediately notify the The Claims Manager (Non-Motor Department).
  • HOW DO I JOIN THIS SCHEME? Just complete the simple "Proposal Form For Pharmacists" and you may i) EMAIL (kooagency@yahoo.com) the completed form together with a copy of your Permanent Registration Certificate (Sijil Farmasi) and the current Annual Retention Certificate (ARC); or ii) WHATSAPP the same to 012-6597262.
  • HOW DO I PAY? You may pay by i) VISA / MASTER CREDIT CARD by simply completing the Payment Options section in the Proposal Form; or ii) ONLINE TRANSFER to our Koo Agency Maybank Account No.: 5123-611-44-193.

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