Clinical Negligence & Errors
Safeguards against financial liabilities arising from claims of professional mistakes, diagnostic omissions, or substandard patient care.
Prodemnity Pharma · Underwritten by Great Eastern
Indemnity Protection for Pharmacists
Indemnity Protection for Pharmacists (often referred to as Pharma Malpractice Insurance or Pharmacists Professional Indemnity) is a specialised liability coverage designed to protect healthcare professionals from the financial and reputational risks associated with their clinical practice.
Prices shown are subject to 8% SST and RM10 stamp duty.
Quick answer
Pharmacist indemnity insurance in Malaysia, in brief
Pharmacist indemnity insurance (also called pharmacist professional indemnity) protects pharmacists against the cost of claims and legal defence arising from dispensing, consultation and professional practice, including representation during Pharmacy Board investigations. Prodemnity Pharma by MRCM Services is underwritten by Great Eastern General Insurance (Malaysia) Berhad.
- Who it covers
- Pharmacists and pharmaceutical professionals
- Liability limits
- RM 500,000 – RM 1 million
- Annual premium
- From RM 750 (plus 8% SST and RM10 stamp duty)
- Underwritten by
- Great Eastern General Insurance (Malaysia) Berhad
- Experience
- MRCM has protected Malaysian healthcare professionals since 1994
Protection built around your clinical practice
Legal Defence Financing
Funds the legal representation, court expenses, and attorney fees required to robustly defend against a lawsuit.
Regulatory & Disciplinary Representation
Covers the cost of legal counsel during investigations or hearings held by official regulatory bodies, such as the Pharmacy Board Malaysia.
Extended Risk Cover
Often includes protection for emergency "Good Samaritan" aid, retroactive incidents discovered later, and vicarious liability for actions taken by supporting clinic staff.
Compliance & APC Renewal
Under the Malaysian Medical Act, valid indemnity coverage is a mandatory requirement to renew your Annual Practising Certificate (APC). MRCM ensures your policy meets all statutory mandates so you can legally practise without interruption.
Reputation & Asset Shielding
A single claim can jeopardise your career. MRCM goes beyond financial payouts by providing proactive risk management, discreet dispute mediation, and strategic PR support to protect your livelihood and hard-earned reputation.
Types of Prodemnity Pharma available
Choose your practice to see the classes that apply to you. Prices shown are subject to 8% SST and RM10 stamp duty.
Pharmacist
Pharmacist
Basic Cover
RM 500,000 liability limit
RM750/ year
- Locum extension not available
Pharmacist
Advanced Cover
RM 1,000,000 liability limit
RM1,000/ year
- Locum extension not available
No plans match this filter. Try "All".
Common questions
How much does pharmacist indemnity insurance cost in Malaysia?
Prodemnity Pharma costs RM 750 a year for Basic Cover (RM 500,000 liability limit) or RM 1,000 a year for Advanced Cover (RM 1 million liability limit), subject to 8% SST and RM10 stamp duty.
What is the difference between Basic and Advanced Cover?
The liability limit. Basic Cover has a RM 500,000 limit and Advanced Cover has a RM 1 million limit.
What does Prodemnity Pharma protect me against?
Liabilities related to dispensing, consultation and professional practice, including the cost of legal defence and legal counsel during investigations or hearings held by regulatory bodies such as the Pharmacy Board Malaysia.
What is the meaning of retroactive date?
The day of your purchase of this policy, you are continuously being covered from that day onwards until your next renewal.
If you renew your policy every year, your retroactive date remains. But if you didn't renew, the retroactive date will reset and you will lose the previous coverage.
How do I apply for or renew my indemnity with MRCM?
Get your class and premium in a few steps on the Ask for Quotation page, then log in to the MRCM portal to apply, renew, download your policy or notify a claim. You can also WhatsApp an advisor on 018-369 3433.
Not sure which class fits your practice?
Answer a few questions and see your class and premium, or talk to an MRCM advisor on WhatsApp.
