What is Private Practice Medical Income Protection?
Private Practice Income Protection (PPIPs) has been designed to cover the private practice income of medical professionals, such as GPs, Consultants, Dentists and Surgeons as well as members of their staff in the event of an accident or illness.
For example, if you are unable to work due to an illness, anxiety or stress related illnesses - how will your private practice make money to cover the monthly overheads costs?
The protection insurance provides global cover for the first 12 months (less the deferred period chosen) of you being unable to work, paying you a fixed amount each month.
As this is a specialist form of insurance, the cover can be bespoke around your specific requirements to ensure you are covered for every eventuality. You choose the amount and type of cover that meets your needs and we will design the most competitive package based on your requirements.
How Can You Benefit From Private Practice Income Protection?
- No Claims Bonus
- The premium that you pay is tax deductible
- Long Term Income Protection options (where the benefit is payable after 12 months), covering the loss of any of your NHS and private income due to incapacity.
Why Servca for your Private Practice Income Protection?
Servca are an independent specialist healthcare broker and many of our products are designed for doctors by doctors, often through careful consideration and empathy for our valued healthcare professional clients.
What am I covered for under Private Practice Income Protection insurance?
- Anxiety & Depression
- Personal Accident & Sickness
- Full Worldwide Cover
- Personal Possessions
- Needle-stick Injuries
- Winter Sports Cover
- Coma Benefit
Cover Extensions available alongside Medical Income Protection
- Family Emergency
- Suspension Cover
- Jury Service Cover
- Parental Leave Cover
- Regulatory Suspension