Long standing provider of indemnity insurance and support to Dental Professionals
Claims Made or Claims Occurrence
Claims made Insurance policies only respond to patient complaints and claims that are first notified during the period of insurance. Usually once the policy ends coverage ends.
Claims Occurrence policies respond to patient complaints & claims that arise following treatment or advice given during the period of insurance, regardless of how far into the future that might be. So even if the policy is no longer in force cover will be in place.
All Med Pro provide both claims made and claims occurrence coverage, so you can rest assure that our advice provided to you is always impartial and based around your specific needs.
Contract Certain or Discretionary
With Contract Certain coverage you are provided with cover that is legally binding with the “contract” in the form of a policy schedule or certificate being issued. This document sets out the terms and conditions of cover, detailing what is and what is not covered.
Discretionary indemnity – As the title suggests, provides cover on a discretionary basis and therefore members have no contractual guarantee that a claim will be accepted or paid. Discretion can be exercised at any time to limit or withdraw assistance.
Price or Value
With a policy that can potentially protect your career and reputation it is vitally important to look beyond just the price. This may include policy covers or additional service tools designed to support you in respect of both reducing the risk of claims arising and guiding you through the process if claims do come in.
It is important to remember that not all insurance providers offer the same level of cover within their policies or added support so identifying these areas early can really help.
We want to ensure the advice and support we provide you not only supports you now but many years into the future and identifying your key requirements is a fundamental part of our service to our clients.
Experts in Dentistry
All Med Pro have provided Dental Indemnity Insurance for around ten years, although the founders of the business have supported dentists for many more years.
We have always looked to use collaborative innovation, working with our key dental partners and clients, to improve the Dental Indemnity landscape. We have done this with the sole aim of enhancing the cover and support available to dentists and increasing competition through improved premiums across the industry.
One of our key strengths is our ability to bring together experts in their field so that our clients have the benefit of a 360° blended support service. This includes exceptional insurer partners, a large team of lawyers that are vastly experienced with supporting our clients with both dental negligence and regulatory cases and we also have experienced dentists that are dual-qualified as dento-legal advisers.
We only work with Insurers with the highest, independently verified financial strength ratings (utilising agencies such as Standard & Poors and AM Best).
Our core Dental Indemnity insurer, Axis Capital, has a total of $7.4B in Capital and $25.6B Total Assets (as of December 2020). By comparison and for context purposes, Medical Protection Society has £2B of net assets available (as per 2019 Annual Report & Financial Statements).
One of our core strengths is that we can adapt to fast-changing situations within both the Insurance sector and our client’s own industry.
This enables us to continue providing high standards of policy coverage and support levels.
An example of this is the innovative solutions we provided to our clients whose business activities been badly impacted by the Covid-19 where we provided extended periods of credit, reduced monthly instalments and free policy / renewal extensions.
Why Should You Choose All Med Pro For Your Indemnity Cover?
Dental Indemnity, How times have changed.
What support do All Med Pro offer?
Why choose All Med Pro for your Dental Indemnity cover?
- Policy coverage can be arranged on an occurrence or claims made basis. This is very different to most other providers! It means the advice we provide is not biased to one basis of coverage and is always tailored around what is best for our client.
- We protect the reputation of our members when their performance is called into question by way of a contract of insurance. We are not a discretionary indemnity provider.
- As a leading and long-standing indemnity provider to dental professionals in the UK, All Med Pro provide some of the broadest covers available.
- Our schedules, certificates and supporting documentation is provided in clear, plain English ensuring you know exactly what is and, as importantly, what is not covered.
- We have a dedicated and experienced team that includes qualified dento-legal advisors who are experienced dentists. This means you deal with a person who knows your sector inside out and understands its challenges. If you need to make a claim, they will be able to discuss the strengths and weaknesses of your claim and then work with us and you on the best way to proceed.
- We will work on your behalf, by providing proactive support and mitigation measures, to minimise the cost of a covered liability claim and any potential damaging consequences at the time, as well as in the future.
- If you are part of a corporate, group or a member of a professional body such as the BDA further premium discounts can be applied.
For those looking for information regarding our Dental Nurse & DCP Indemnity Insurance – please follow this link.
- Dental Indemnity cover on a Claims Made or Claim’s Occurrence basis.
- Nil excess available
- Regulatory support and representation in the event of an investigation, inquiry or disciplinary proceedings, such as a GDC enquiry or Fitness to Practise.
- A+ Rated insurer with S & P
- Policy includes Breach of Professional Confidentiality.
- Policy includes in place for public relations to mitigate any reputation damage following an insured event.
- Good Samaritan cover.
- Automatic Run-Off Cover on Claims Made policies
The above is subject to underwriting criteria.
Simple, safe and secure applications online.
Dental Indemnity Insurance Common Questions
An occurrence-based policy provides indemnity for treatments provided during that policy period. If an incident took place during the policy period, the insured will be covered irrespective of when the claim is made – which could be many years into the future.
A claims-made policy provides coverage for claims received during a specified period – which is usually the duration of the policy. Beyond that the cover ends. In order to maintain cover for potential new claims the policy will need to be renewed for as long as any potential new claims might be raised – the period for which is usually likely to be dictated by the Statutes of Limitations.
If you have had occurrence-based indemnity from an MDO up until now, you will still have a right to apply to them at any time in the future to request discretionary assistance and indemnity for any new matters that surface in the future.
If you are concerned about the discretionary nature of the MDO it is possible to cover that period with your new provider.
It is important to really understand the main difference between claims occurrence and claims made coverage when switching providers.
When a patient makes a claim, it is increasingly likely that they may also pursue a company (or owners), as well as an individual dentist. The company is a legal entity and could face legal action itself. You will also find that NHS contracts may require such cover to be in place. You therefore need to ensure that your business has indemnity cover itself. This is also known as vicarious liability, entity cover, corporate indemnity, corporate medical malpractice or contingent liability.
Covid-19 Related Questions
We are unable to advise whether you can or cannot return to practice.
However, it is important to understand the basis of your indemnity policy. Your policy provides coverage for negligence arising in the course of treatment. This coverage is subject to you following the guidance of your regulator and professional bodies.
Any claim or loss directly or indirectly due to any act, breach or omission you deliberately or recklessly commit, condone or ignore would be excluded.
To summaries coverage will be in place as long as you follow the guidance of your regulator, professional bodies and of course adhere to any other terms within your policy.
Under all insurance and indemnity policies the policyholder has an obligation to mitigate risk as much as possible in order to be covered should something go wrong. Therefore, when returning to practice we would expect each practice owner to follow the guidelines set out by the competent authorities in actively mitigating the risk within the practice as much as possible.
Failing to follow the advice of all competent bodies and minimise all of the risks could result in the insurance policy being invalidated and a claim being repudiated.
Again, coverage will be in place as long as you follow the guidance of the regulators, professional bodies and adhere to other terms and conditions of your insurance policy.
As part of your risk management, it is vital you check the inspection status of your pressure vessel systems. The HSE advice is that the overarching legal obligation remains. i.e. ensure that equipment is safe to use. If you require any assistance in arranging an inspection please contact us.