Lapsed Professional Indemnity insurance arrangements – Section 130(3)(a)(iii), National Law
In busy working life, the renewal of professional indemnity insurance can easily be missed.
Common occasions when we have seen pharmacists miss the renewal of their professional indemnity insurance include:
Upon return from an approved leave of absence (such as a sabbatical or extended leave)
Upon return from parental leave
When contact details or direct debit authorities become out-dated, such as when credit cards are renewed or bank account details are changed
The risk th…
