Practition Partners
Our indemnity cover doesn’t stop at just that.
Working with our trusted partners, we are here to support you to achieve your career goals and become the best practitioner you can be.
Personalised Medical Indemnity
The growing cost of Medical malpractice insurance is one of the biggest concerns for our clients. Bill Medical has therefore partnered with Lockton Healthcare to bring you “Practition”, a fresh approach to Medical Indemnity.
Lockton have a deep understanding of the challenges faced by the Healthcare sector and currently look after over 15,000 individual practitioners. The partnership has been created to offer an exclusive discount structure for Medical Indemnity with potential discounts of 20% or more on equivilent membership fees paid to Medical Defence Organisations.
What?
- Actual treatment activity is used to obtain a more granular risk-rating, leading to premium reductions.
- Cover is best-in-class, including as standard:
- Advocacy, claims and complaints management whenever you need it, for both private and NHS work
- Indemnity limits of £10m
- Run-off Cover for a minimum of 21 years in the event of retirement, disablement or death
- Reputational harm cover
- Public liability cover for injury to people at your workplace
- Good Samaritans Act Worldwide
- Regulated by the FCA
Why?
- Many Doctors and medical professionals are currently over-paying for insurance
- Too often this is priced on “blunt” income figures, without taking into account the real risks associated with treatments undertaken
- Renewals also often fail to get adjusted for changes in the volumes and type of work being undertaken
- All of this information already sits with Bill Medical, and we can help our clients explore better priced insurance at a single push of a button
How?
- Bill Medical already has your historic treatment activity categorised by treatment codes
- With your consent, this can be anonymised and passed to Lockton… it’s that simple
- We ensure compliance with GDPR / Data protection acts
- Lockton systems will analyse the data and produce a quote – which you can either reject or progress… there’s no obligation
- No need to wait for your renewal date – get your quote today
We’re on your side.
Ready to make the switch?
If you wish to switch from another insurance company, all we need is your acceptance of our terms and we will do all the rest. Your Practition policy will pick up your retroactive cover at no additional cost.