MIPS memberships cannot be suspended or put on hold.
Medical indemnity insurance in Australia is mandatory and offered on a claims made basis and not a claims incurred basis Under a claims made policy you are only covered if you are a member at the time the claim is made against you and reported to MIPS.
To remain covered for claims made after you cease practice (temporarily or permanently), you will need to continue your MIPS membership in a non practicing (run off cover) membership classification.
For further information and to update your membership details to run off cover, complete the Ceasing practice form.
