While we may all be thinking about getting ready for the festive period, dental professionals also need to be thinking about their dental indemnity insurance renewal in January. Now is the time to be reviewing your current situation, assessing if your requirements have changed and taking a look at your policy renewal.
This insurance is a legal requirement for dental professionals, and as part of a dentist’s registration with the General Dental Council, you will need to have a suitable policy in place. If you are covered under your employer’s indemnity insurance, you will need to have access to these details to renew your registration, however you might find it an advantage to have your own personal cover.
Choosing the right dental indemnity insurance
You will likely find that there are varying types of cover and policy clauses when it comes to dental indemnity insurance. Making sure you choose the right policy type is important, so here are some of the differences.
Occurrence based and claims made cover
Occurrence based insurance means that you will continue to be covered for any claim about an incident that took place during the period of your cover, even when your policy comes to an end. The cover is indefinite and includes retirement, long term sickness and career breaks.
Alternatively, a claims made policy will only cover you for claims made while the policy is active. It is important to choose your policy carefully as you will be personally liable for claims made if your insurer does not cover you for future claims.
Find out more about All Med Pro’s Occurrence-based Dental Indemnity Insurance.
Contractual cover, not discretionary
Sometimes you might find that dental indemnity cover is provided on a discretionary basis. This is usually when purchasing insurance through traditional medical defence organisations (MDOs).This means that a claim could be denied and the dental professional is left to personally cover the costs. This is a risky option.
Contractual cover, as provided by All Med Pro, is a legally binding document and means valid claims will be paid. It also offers additional protections of FCA.
Find out a bit more about the differences between contractual and discretionary cover.
Access to dental specialists
Look for policy extras specific to dentists. With our dental indemnity insurance, cover includes access to a dental professional with legal expertise and dental specialist lawyers in the event of a claim.
This offers the reassurance that the legal advice you receive will be in context for your profession.
Choose a specialist policy provider
All Med Pro’s dental indemnity insurance is underwritten by Hiscox and has been specifically designed with dentists and dental professionals in mind. As well as useful policy extras, dentists have access to a wealth of industry knowledge by choosing a provider with specialist understanding.
The All Med Pro team has a wealth of dental insurance experience, which we have put into producing a relevant insurance policy for dentists and dental professionals.In fact, our dental indemnity insurance won Product Launch of the Year at the 2016 Dental Industry Awards.
Take a look at the comprehensive cover provided by All Med Pro’s dental indemnity insurance policy to dentists and dental professionals across the UK. Contact the All Med Pro’s team to discuss your requirements.
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