Although it may not seem like it quite yet, spring has finally arrived in the UK & this is typically the time when people and businesses typically review their insurance requirements. We know that managing administrative tasks takes up precious time, but it is worth it when you could be saving yourself some extra cash.
As a medical or dental professional, we know spare time isn’t something you have much of-which is why we do the hard work for you, taking some of that stress out of insurance.
How to reduce the cost of your insurance policies
1. Switch providers regularly: Don’t just accept your new premium without shopping around for a few comparison quotes. It’s been proven that changing insurance companies can save you money.
2. Review your policies: Busy medical professionals and practice owners may struggle to find time to review their level of coverage, but it’s crucial to ensure you’re fully insured. Check your excess, what is and isn’t covered, and your level of cover for claims. You don’t want to be under or over-insured.
3. Bundle policies with one provider: Some insurers offer discounts for having multiple policies with them. Consider which insurance you need, and which provider offers the best overall cover for you to see if you can save money.
4. Work with a broker: Brokers can help you find the right policy at the best price. They can assist in selecting the appropriate level of coverage and excess and ensure you don’t have unnecessary or duplicate coverage that increases your premium without additional benefits.
Give us a call at 0203 757 6950 or drop us an email via [email protected]. Alternatively, book a FREE consultation call with an expert member of our team (All Med Pro (office365.com)