fbpx

ITQAN CONSULTING SERVICES

Empower wealth, inspire life

AVICENNA MEDICAL MALPRACTICE TAKAFUL

1st Shariah Based Imdennity Plan For Doctor

Introducing our Medical Practitioners Takaful, a new and innovative medical malpractice takaful solution for healthcare practitioners.

BENEFITS

Full Retrospective Cover for Participant who currently has similar and uninterrupted cover

Unlimited Run Off Cover with structured additional contribution

Medical Incident cover for loss resulting from a medical incident by the Participant in the provision of healthcare services

Legal representation at inquiry cover (up to certain sub-limit) incurred directly or in connection with Partidpant co-operating with an inquiry

Vicarious liability cover arising from any act, error or omission of any locum doctor covering the duties of the Participant in the provision of professional healthcare services for which the Participant is legally liable.

Good Samaritan Acts cover for any loss resulting from a Claim or Inquiry arising from the provision of emergency first aid services.

Defamation cover for any loss resulting from a claim for unintentional defamation by the Participant in the provision of Professional Healthcare Services

Intellectual Property Infringement cover for any loss resulting from a claim for unintentional infringement of any intellectual property right (other than patent right) by the Participant in the provision of Professional Healthcare Services

Loss of Documents cover for any loss resulting from a claim for the loss of, damage to or destruction of documents for which the Participant Is legally responsible in the provision of Professional Healthcare

Emergency Defence Costs and Legal Representation Expenses cover, in the event it is not possible for the Participant to obtain underwriter's written consent prior to the incurring of defence costs or legal representation expenses

Advancement of Defence Costs and Legal Representation Expenses cover within 30 days of receipt and approval of an invoice for such defence costs or legal representation expenses

Cyber and Privacy Infringement cover for any loss resulting from a claim or an Inquiry for any unintentional Cyber and Privacy Infringement by the Participant in the provision of professional healthcare services


OTHER BENEFITS

  • First Shariah based indemnity plan with Cash Back*
  • Experienced underwriters
  • Comprehensive and clear certificate
  • Full retrospective cover (for existing Participant)
  • Fast-response claim team
  • Easy access to marketing team
  • Experienced lawyers on medico-legal cases
  • Continuous training and risk management updates

* Effective second year of renewal

HOW TO SUBSCRIBE??

Follow 3 easy steps below:

1. Download proposal form & credit card / debit card form.

2. Fill all forms

3. Scan and email all completed form and documents required to us: admin@itqanconsulting.com


Brochure

Proposal form

Credit / Debit Card form

Contribution table

Check list


Any enquiries, please contact Shuhadah 0169204990

WHO ARE TRADEWINDS INTERNATIONAL INSURANCE BROKER SDN BHD (TIIB)?

  • Established in 1974 as Pernas Insurance Brokers Sdn Bhd.
  • Name changed to Tradewinds International Insurance Brokers (TIIB) in 2004.
  • Wholly-owned subsidiary of Tradewinds Corporation Berhad.
  • We are licensed Insurance and Takaful Broker under the Financial Services Act 2013 and Islamic Financial Services Act 2013.
  • Tradewinds International Insurance Brokers is registered with the Ministry of Finance and has obtained the Bumiputera Status.

WHO ARE SYARIKAT TAKAFUL MALAYSIA BERHAD (STMB)?

  • Public listed company on 30th of July 1996 following the listing of its shares on the Main Board of Bursa Malaysia Securities Berhad.
  • Takaful Malaysia is licensed and regulated under the Islamic Financial Act 2013.    
  • Supervised by Bank Negara Malaysia (BNM) and Malaysian Takaful Association (MTA).
  • The Shariah Board is regulated by Shariah Advisory Council (SAC) of BNM. The SAC is the highest Shariah authority on Islamic Finance in Malaysia.
  • Authorised Capital: RM 500 Million
  • Paid-up Capital is RM164 Million
  • Financial Year 2017 Operating Revenue: RM 2.139 Billion
  • Financial Year 2017 Profit before Zakat and Tax: RM 253.60 Million
  • Has strong financials and has built substantial surplus in the General Takaful Fund thus enable the Company to share profits on selected products.
  • Has 24 Service Centres nationwide with current total assets of RM8.194 Billion
  • Achievements in 2016/2017:
  • Ranking No. 1 amongst the 48 listed companies for delivering the best performing stock in the Finance sector
  • 2nd time won The Edge-BRC Best Performing Stock Award (Highest Returns to Shareholders over Three Years) under the Finance sector
  • 4th time the Best Takaful Company in Malaysia award at the 10th International Takaful Awards 2016
  • Best Takaful Company 2016 Award at the 2016 Global Islamic Finance Awards


WHAT IS MEDICAL MALPRACTICE?

  • Medical malpractice 

Professional negligence by action, error or omission by a healthcare provider.

Treatment provided falls below accepted standard of practice.

Causes bodily injury, mental injury, illness, sickness or death to the patient.


  • Proof of Negligence

Claimant must show:

Doctor owed a duty of care to the patient,

Negligent in his or her patient management,

Result , patient suffered harm,

Both liability and causation to obtain compensation,

Participant  acted differently from generally accepted standards,

Harms may have not occurred  if such approach not applied /administered,

Quantum,  i.e. loss of current and future earnings, reduced quality of life, mental anguish.


MAIN COVERAGE:

Medical Incident Claims

Takaful Operator shall pay on behalf of the Participant all Loss resulting from any Claim arising from a Medical Incident by the Participant in the provision of Professional Healthcare Services provided that such Claim is first made against the Participant during the Period of Takaful.

Legal Representative at Inquiry

Takaful Operator shall pay on behalf of the Participant all Loss, up to the sub-limit specified in the Schedule, incurred directly in connection with the Participant co-operating with an Inquiry provided that such Inquiry is first commenced against the Participant during the Period of Takaful.

Vicarious Liability

Takaful Operator shall pay on behalf of the Participant all Loss resulting from any Claim against the Participant arising from any act, error or omission of any locum doctor covering the duties of the Participant in the provision of Professional Healthcare Services for which the Participant is legally liable provided that such Claim is first made against the Participant during the Period of Takaful.

AUTOMATIC EXTENSION:

1. Automatic Reinstatement – Free of charge for one time only

2. Personal Liability – Sublimit RM 100,000.00

3. Personal Accident – Limit RM 100,000.00

4. Aggravated Extension

EXCLUSION:

  1. Prior known claims and / or circumstances
  2. Fraud and Dishonesty
  3. Claims by related or associated entities
  4. Fines and Penalties
  5. Goods manufactured (not professional service)
  6. Service performed in areas outside of expertise


EXAMPLE OF MEDICAL MALPRACTICE:

  • Prescription  Errors :  wrong dosage or wrong medication
  • Leaving foreign objects inside the patient’s body after surgery, e.g. gauze
  • Failure to diagnose or misdiagnosis : Failure to recognize symptoms
  • Surgical errors or wrongful site surgery (Operating on the wrong part of the body),  e.g. hysterectomy ( partial vs total
  • Misreading or ignoring laboratory result
  • Unnecessary procedure
  • Poor follow-up or post op
  • Premature discharge
  • Disregarding or ignorance of patient history
  • Failure to order proper testing
  • Negligent supervision (especially in teaching hospitals)

Disclaimer: "Kami adalah konsultan yang memberi konsultasi kewangan menggunakan instrumen kewangan yang disediakan oleh syarikat-syarikat seperti Prudential BSN Takaful Berhad, Syarikat Takaful Malaysia Berhad, PMB Investment Berhad dan Wasiyyah Shoppe Berhad.  Maklumat dalam web ini hanyalah penerangan ringkas dan berdasarkan pendapat peribadi kami dan bukan sebahagian daripada sijil atau dokumen yang dikeluarkan oleh syarikat-syarikat penyedia produk. Kami dan syarikat-syarikat seperti dinyatakan tidak akan bertanggungjawab sekiranya terdapat salah faham dalam apa yang disampaikan. Anda dinasihatkan untuk berjumpa terus dengan kami sebagai wakil sah syarikat  atau berhubung terus dengan syarikat penyedia produk bagi mendapatkan penerangan yang lebih terperinci."

@Copyright Itqan Consulting Services (TR0189453-T)

All Rights Reserved.