Any hospital offers a professional service to society; unfortunately, situations can occur where the hospital will be liable for any mistake, injury or death of an individual. If a client wins a case where the hospital staff was at fault, huge compensations can put the hospital in a difficult place. Unless there is a Professional Indemnity Insurance Plan in place to take care of the hospital. It will offer the hospital with the finances to continue a lawsuit or pay out a claim for compensation.
Any hospital is legally required to have a PI in place and by law medical staff is needed to have their coverage in place.
If you are part or own professional practice, it is your responsibility to make sure every aspect of your company is covered.