Medical professionals, including dentists, doctors, and aestheticians, invest years in their education and training to provide top-tier care to their patients. Amidst your demanding schedules, finding the right insurance coverage can be a daunting task. This is where our expertise and decades of experience becomes invaluable. We offer a personalised service to help you secure comprehensive coverage in various areas, ensuring peace of mind and financial stability. We also understand that you often work long, unsociable and arduous hours which is why we are happy to offer out of hours assistance should you need it.
Health Insurance
Health insurance is a critical need for medical professionals, who must safeguard their own health to continue caring for others.
- We will Tailor Policies to Specific Needs: We can find health insurance plans that match the specific needs and preferences of medical professionals, considering factors like preferred hospitals, specialist coverage, and family needs.
- Access to a Wide Range of Plans: We have access to multiple insurance providers, enabling us to compare and select the most beneficial plans regarding cost, coverage, and the network of providers too.
- Expert Guidance: We will explain the complexities of different health insurance options ensuring you proceed with cover that’s right for you.
Some providers offer a discount for medical professionals, we will source the best offers for you.
Life Insurance
Life insurance is essential for medical professionals to secure their family’s financial future in case of an untimely death. We can provide:
- Customised Coverage: We can help in determining the appropriate amount of coverage based on factors like income, debts, and future financial goals.
- Variety of Policy Options: We will explain the differences between term life, whole life, and other life insurance policies, helping you choose the best fit for your situation.
- Cost Efficiency: We can liaise with multiple insurers to find the best rates and terms, ensuring cost-effective protection.
Income Protection
Income protection insurance ensures that medical professionals continue to receive an income if they are unable to work due to illness or injury. We can assist by:
- Finding Comprehensive Policies: We will identify the best policy to provide a monthly payout for up to 70% of your income for extended periods, offering long-term financial stability and peace of mind should you fall ill.
- Customised Benefit Periods: We will help choose appropriate benefit periods and waiting periods based on your individual circumstances and needs; we can set the policy up to pay out once any NHS sick pay ceases.
- Ensuring Adequate Coverage: We’ll ensure that the coverage amount aligns with your current income, home life and lifestyle needs.
- Added Extras: Many providers offer eligible medical professionals Sabbatical Cover for 12 months. To be eligible you must have worked for the NHS for 12 months, have had your cover in place for at least 12 months and continue to pay your premiums whilst on sabbatical. In addition, medical professionals can take advantage of an increased minimum benefit amount of £3,500.00, where other professions are offered a minimum of £1,750.00.
Travel Insurance
For medical professionals who travel frequently for conferences, seminars, or volunteer work, travel insurance is crucial. We provide:
- Tailored Travel Policies: We know which policies cover medical emergencies, trip cancellations, lost luggage, and other travel-related issues.
- Comprehensive Coverage: We’ll ensure the travel insurance includes coverage for medical evacuation and repatriation, crucial for international travel.
- Policy Management: We can assist in managing and updating your policies as your travel plans change, ensuring continuous coverage.
Personal Protection
Personal protection insurance, including disability and critical illness coverage, is vital for medical professionals. We offer:
- Risk Assessment: We’ll assess your individual risks and recommend policies that provide financial protection against personal health crises.
- Policy Customisation: We can seek to customise the policy to cover specific illnesses or disabilities relevant to your personal and family medical history.
- Benefit Optimisation: Where possible we’ll seek to optimise benefits to ensure maximum payout and ease of claim process during critical times.
Business Protection
For those of you who own your practices, business protection insurance is essential. We can assist in securing:
- Employee Benefits: We help design attractive benefits packages for employees, enhancing staff retention and satisfaction.
- Key Person Insurance: Protecting your business from financial losses caused by the death or incapacitation of essential personnel.
- Share holder protection: Taken out by the shareholders of a business. If a shareholder dies, or becomes critically ill, the plan ensures that funds are made available for the other business owners. They can then use the funds to purchase the business interest of the deceased/ill individual or employ someone else to assist in their absence. It provides an important safety net that allows companies to plan ahead should the worst happen.
- Corporate Health Plans: Designing group health insurance plans that attract and retain staff within your businesses.
Case Studies: Impactful Coverage
**Case Study 1: Protecting a Dental Practice**
A UK-based dental practice faced a potential shutdown when their principal dentist was diagnosed with a serious illness. The practice had secured business protection insurance through their broker, which included key person insurance. This policy provided the necessary funds to hire a temporary replacement, cover operational costs, and ensure the practice remained open, thereby protecting the livelihoods of all employees.
**Case Study 2: Safeguarding an Aesthetician’s Income**
An aesthetician suffered a hand injury that temporarily prevented her from performing procedures. Her income protection insurance, arranged by her broker, provided her with a monthly income until she was able to return to work. This financial support allowed her to focus on recovery without the added pressure of financial strain.
We could play a crucial role in helping you secure the comprehensive coverage you need across various aspects of your personal and professional lives. By leveraging our expertise and access to a wide range of insurance products, we will provide tailored solutions that offer peace of mind, financial security, and protection against unforeseen events. Whether it’s health, life, income protection, travel, personal, or business insurance, you can rely on us to navigate the complexities and ensure you are adequately covered.
