Claiming and Changing – Locum Insurance

A practice claims £55,000 for an illness to an insured GP on the practice Locum Insurance policy and they have just returned to work. The practice then decides to place their Locum Insurance with another provider who offered a lower premium. Not only is the premium cheaper but the new insurer says that they will cover the GP without exclusions or conditions for the illness that was just claimed for. I just hope that the illness doesn’t return!  The devil as always is in the detail and the level of transparency your insurance provider gives you.  Seeing the policy wording does not necessarily mean you understand what it is saying and I would always recommend asking for an explanation to points you are concerned about.

Cost should not always be the main driver behind selecting your policy, as a history of having your claims paid is by far the best indicator of a good policy.  After all that is the reason you took the policy out in the first place, not just to show that you have got a policy for less than last year!