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What is Extended Reporting Benefits or Run-off cover?

April 26, 2017Benefits cover extended run-off

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What is Extended Reporting Benefits or Run-off cover?

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The Policy offered by Medical Insurance Australia is on a claims made basis. If at any time you no longer require ongoing medical indemnity insurance or you move to a lower risk Category, you may require Run-off cover. Run-off cover insures you for claims made in the future which relate to practice in which you no longer engage. MIGA can provide you with Run-off cover to suit your individual circumstances, simply contact our office on 1800 777 156 to discuss your requirements. For more detail please refer to Section 6 of the Combined Financial Services Guide and Product Disclosure Statement.