Reviewing the policy wording, underwriters and financial strength of a medical indemnity insurer is a time consuming task. So much so, that it is practically impossible for a consultant to do this thoroughly at renewal time. Primus has removed this problem, by carefully selecting a panel of only the strongest medical indemnity policies to offer.
We take the time to meet the underwriters, understand their approach and review the cover included in their policy. We then monitor their performance for a period of time before adding them to our panel – we have to be sure that they are going to be long term providers for our consultants.
This detailed review process ensures you only receive quotations from the strongest insurers in the market, providing cover for all issues you may expect to face. This includes the following as a minimum:
We firmly believe that the policy offered through Primus will be equal or better to the cover that you currently have and we welcome the opportunity to discuss this in more detail with you.
With Defence Union indemnity agreements, the cover provided is done so on a discretionary basis. This means that the subscription you have paid allows you “the right to request assistance”, with it then being up to the Defence Union regarding the level and extent of cover they provide. They are well within their rights to decline to assist you at all. A consequence of this is that when you attempt to find out what your Defence Union indemnity agreement covers you for, you will not be able to find any definitive details or lists of what is included in the cover.
This makes comparing the two types of cover a little more difficult, but with contractual insurance policies clearly stating what is included in the cover and having been reviewed by the experienced Primus team, you can be sure you have all the cover you need. Most importantly this cover will be provided on a contractual basis, with your insurer regulated by the FCA – ensuring that customers receive a fair deal.
