BDA Indemnity launched
‘Occurrence-based’ insurance policy means it won’t matter when complaint is made as cover endures
The BDA’s new indemnity insurance came into effect this month, with the association touting its ‘occurrence-based’ cover as a market differentiating feature.
BDA Indemnity, backed by Royal Sun Alliance, is available exclusively to BDA members and offers advice from “experienced dentists, and case management that respects the member’s unique situation”.
When things go wrong it's vital to have a friendly voice on the end of the phone to reassure you
Peter Ward, BDA Managing Director
The product features a legally-binding right to cover, that underpins the contract with the member, and a flexible category structure which, said the association in a statement, “means [members] won’t be subsidising the risks of other dentists or medical colleagues, or peers in other countries”.
A team of dentally-qualified advisers will be policyholders’ point of contact, answering questions, advising, supporting, and being “a friendly voice”. If an issue persists, and there is a need for legal representation or financial redress, the case will be handled by Royal Sun Alliance experts.
There will be different levels of cover available depending on an individual’s need. BDA members will be able to access an online ‘click and quote’ system which will ask six questions before providing an indicative quote for their bespoke indemnity cover. The quote is then subject to an underwriting assessment. Cost will depend on the dentist, how many days a week they work, where they are in the UK, and what their standing is in a practice.
Peter Ward, BDA Managing Director, said: “As a member-owned, not-for-profit organisation with a nearly 140-year heritage, the association has a clear and undiluted purpose – to support UK dentists. BDA Indemnity is the logical next step in that mission. This scheme has been designed by and for dentists working in the UK, and that means not a penny of what you pay will subsidise colleagues in other countries or other professions.
“When things go wrong we know it’s vital to have a friendly voice and a supportive, experienced dentist on the end of the phone to reassure you and take action to stop problems getting out of hand. And we have assembled a team of dentally qualified advisers, who are getting ready to take your calls.
“BDA Indemnity is different. Occurrence-based cover means as long as your policy is in force when any incident happens, it doesn’t matter when the complaint comes in: your cover will endure.”
More information can be found on the BDA website.