We, at Allied Wessex regularly speak to clients who have not considered this cover or think it will never happen to them. Unfortunately, without this cover the financial consequences can be devastating to the practice. Reduced finances may result in defaults occurring on loans, Utilities being cancelled, bank accounts going over drawn or you may even need to lay-off staff. Adding financial pressures on top of trying to recover from an injury or illness can prolong the recovery timescale.
Consideration should be taken on price but do not compromise the cover that is available. Options are also available on deferred or excess periods and this needs to be tailed to your practice requirements. There is no point having this cover if the policy does not indemnify you at the time when you need it most.
Remember this cover is to ultimately avoid cash flow problems in this time of need.
We have worked with many of our Dentists over the years, which have unfortunately had the experience of such claims and thankfully had this cover in place. This has given us a real understanding of Dental practice needs and helped us in developing wide, essential policy benefits and many flexible options to suit each practice individually.