Did you know that even with NHS coverage, in certain circumstances the Health Authority may pass the cost of legal action onto the employee?
The BSE indemnity insurance facility is provided exclusively by Partners& and is underwritten by Hiscox. It provides medical malpractice and public liability insurance cover as standard, with employers’ liability and business equipment cover as optional extras.
Challenge
As a healthcare provider you’re vulnerable to malpractice and liability allegations. And if you’re a director of a limited company, you could be financially liable for the decisions you make, putting your personal assets at risk.
Support
Provided exclusively for members of the BSE, our insurance facility covers the full range of non-invasive Cardiac Physiology duties including Echos & ECGs, Heart & Blood Pressure monitoring including ambulatory and Exercise Stress Testing.
Perform
We work with you to help you understand the risks you face and build resilience against them. The BSE indemnity insurance facility is available to any individual BSE member, sole trader or one‐person limited companies. If you fall outside this criterion, cover can still be obtained separately at special rates.
What does the BSE indemnity insurance cover?
Guarding against injury
If anyone visiting your practice suffers an injury, whether or not it’s related to a treatment, your business could be held responsible. Injuries are upsetting and stressful, but they can also cost you time, money and possibly your reputation.
Disagreements with patients
What if a patient has an unexpected reaction to a drug, a treatment program is delayed and their condition worsens, or a family member claims you were negligent in diagnosis and treatment? Compensation claims could cost you your business.
Keeping things running
Your key assets are your hands and your mind, but technology plays a big role too and if key diagnostic equipment breaks down, you won’t be able to provide treatment to patients until it’s up and running again. This could have an impact on a patient’s health as well as the interruption to your business.
Why do you need BSE indemnity insurance?
Did you know that even with NHS coverage, in certain circumstances the Health Authority may pass the cost of legal action onto the employee? Our facility would cover you provided you are found negligent, other than for an intentional criminal act.
Provided exclusively for members of the BSE, the insurance facility covers the full range of non-invasive Cardiac Physiology duties including Echos & ECGs, Heart & Blood Pressure monitoring including ambulatory and Exercise Stress Testing.
The facility is available to any individual BSE member, sole trader or one‐person limited companies. If you fall outside this criterion, cover can still be obtained separately at special rates by contacting Partners&.
If you wish to apply for BSE Indemnity Insurance, please;
- Read the BSE Information document
- Download and read the Summaries of Cover and Policy Wordings
– Medical Malpractice (mandatory cover) Policy Summary & Policy Wording
– Public Liability (mandatory cover) Policy Summary & Policy Wording
– Employers Liability (optional cover) Policy Summary & Policy Wording - Download and complete the application form then submit this to us via email.
- If you wish to pay by Direct Debit please download and complete the direct debit mandate and submit this to us with the application form.
Protection beyond the BSE
What if something happens to you? What happens to your business and your livelihood? Do you have cover in place to protect you, your business and your family?
What about the duty of care in terms of your own health and wellbeing, your family and dependants?
Did you know that:
- every 3 minutes someone dies from a heart of circulatory disease [1]
- every 4 minutes someone is admitted to hospital due to a stroke [2]
- the cost of heart and circulatory disease costs the UK economy an estimated £19 billion each year (including premature death, disability, and informal costs).[3]
The statistics are stark, but how can you create a social contract to protect yourself and those that rely on your success?
- Protect your income: income protection insurance can replace up to 70% of your earnings before tax and covers most illnesses and injuries that stop you working either in the short or long term. Having this peace of mind would mean you can continue to meet your everyday expenses and living costs whilst you focus on recovery.
- Protect your family: Relevant life insurance is a way of providing tax efficient life cover through your limited company. In the event of death or the diagnosis of a terminal illness (with a life expectancy of less than 12 months), the policy could provide a lump sum to help repay your mortgage and/or support your family and dependants.
- Access to wellbeing and health services such as a 24/7 virtual GP, you can build the ultimate resilience programme.
