The Central Bank of Saudi Arabia announced the issuance of the model version of the insurance policy against professional medical errors, which is scheduled to start working on 01/01/2022 AD.

This step comes from the Central Bank’s continuous efforts to develop the insurance sector and protect the rights of the insured, and the powers assigned to it under the Cooperative Insurance Companies Control System, taking into account the

What is stated in the Health Professions Regulations that all doctors and dentists are obligated to obtain an insurance policy against professional medical errors.

The bank indicated that the approved formula aims to provide the minimum required to be available in the insurance policy that medical practitioners are obligated to obtain against professional medical practice errors. The minimum coverage, exceptions, and coverage of the required insurance benefits that will lead to enhancing the concept of sustainability among health service providers and providing the due limits for compensation for the benefit of those affected by professional medical errors.

The Saudi Central Bank expressed its thanks and appreciation to the Saudi Health Council for its continuous cooperation and efforts in this field.

The sample form of the professional medical malpractice insurance policy can be found by visiting (the website).