Abstract
Although insurance is the traditional backbone of risk management of any modern country, yet only few people and organisations purchase insurance in Nigeria. The main purpose of this paper is to investigate the level of awareness and use of professional indemnity insurance (PII) by Nigerian medical doctors in contending with medical litigations. The research is domiciled in five local government areas in Lagos metropolitan city Nigeria. The research data was collected from sampled respondents of 50 resident doctors in both private and public medical institutions. The results revealed that majority of the medical doctors in the sample were unaware of PII and rarely made use of it in contending with financial liabilities. The research therefore recommends that insurance managers in Nigeria should boost insurance awareness among medical doctors through market communications and public educational programmes, to stimulate the latent need for insurance services among medical doctors in Nigeria.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callSimilar Papers
More From: Annals of Dunarea de Jos University of Galati. Fascicle I. Economics and Applied Informatics
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
