Over the past decade Homebirth Midwives have been faced with enormous difficulties obtaining Professional Indemnity for their practice. The number of insurers accepting this type of cover has constantly decreased, and now less than five companies regularly write Indemnity Insurance for midwives practicing Homebirth. Sinclair Insurance Company is one of them, and the only one providing this cover instantly online (www.sinclairpremium.com).
Last week, Sinclair's development team announced the company is about to propose a new policy, which will cover the expecting mother for her single specific event, and in which the errors and omissions or malpractice of the midwife attending the Homebirth, will be covered under this new policy.
The rates vary from as low as US$750 (AUD$1000/ €540/ £500) up to US$2,500 (AUD$3200/ €1800/£1650) per single birth event. The main factors will include indemnity amounts, deductibles, specific situation and data of the expectant mother, and information about the practicing midwife.
The policy will be available online by the end of September 2009, but expecting mothers may apply for this cover from 05 September 2009.
The policy is a unique solution, never before available as a single health product. Sinclair expects this policy to become very popular in the Homebirth field, although it will not necessarily solve the problem Australian Homebirth Midwives face with the new proposal now under discussion to introduce a National Registry of Midwives and other occupations, which mandates that the registered midwife must have a valid indemnity insurance policy.
For women worldwide this, together with the already available online PI policy for Homebirth practitioners, will be a practical solution, at an affordable price (not cheap – but affordable).
(For more information about the new policy: write to info@sinclairpremium.com – attention ICS Team, or follow the news at www.sinclairpremium.com).
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