Locum Insurance: Some Facts about LocumPlan
Exactly what is LocumPlan ? LocumPlan is an annual insurance that is underwritten by particular organisations at Lloyd’s . It provides cover for locum costs incurred by companies such as medical, dental, veterinary, ophthalmology, and other kinds of facilities .
These expenses are bought on by illnesses or accidental injury which happens to one of these professionals or one of their senior practice staff members. If temporary replacement costs are not paid for by some other plan, LocumPlan also will cover certain non-medical employees who work at these practices. This cover goes as high as 75% of this employee’s gross weekly pay. Until the time that this employee is well enough to go back to their job, LocumPlan will pay as much as the weekly amount that’s insured. The cover is good for as much as a 52 week maximum period or until the time that the worker has recovered enough to go back to their job. Those covered by LocumPlan must be from 18 to 65 years of age. However, there are specific conditions which apply to those over 65. Here’s more on locum insurance cover.
Locum Personal Accidental and Jury Service Cover
If it should happen that a worker covered by LocumPlan sustains accidental injuries and dies, this plan will disburse a single sum of £5,000. This is applicable, as well, when an employee sustains permanent total disability, accidental loss of limb, or accidental blindness.
When a staff member is requested to do jury duty while covered under LocumPlan, they will get £250 daily for as much as 31 days. Neither of these benefits entails further charges.
More Information on Locum Cover
Locum Insurance cover lasts for 12 months. Prior to the year ending, a representative will get in touch with you to find out if you intend to renew your cover. At that time, you will be informed as to what your premium and conditions will be for the upcoming year. This will be a good time for you to see who has coverage and to include other associates or workers, and to discontinue cover for those who have since gone.
Locum cover practice insurance is typically placed in the practice name, as claims are paid in this name, also named the insured. If you apply online, you have to prepare a Scheme application. A Scheme Application needs to have the name address, and contact info regarding the party at the practice who handles business affairs. Staff members who are newly becoming Scheme members, must submit their own Members Application. They are required to provide answers to questions of a personal nature, such as their medical history, and then send it in electronically. After your application has been obtained, chances are that you will hear from them inside of 24 hours on this decision.
Finally, after you’ve agreed on the conditions, remitted your premium – or arranged for payments, locum insurance will be set up for your practice.
Always remember to obtain the right locum insurance for your organisation. To get some expert advise in the UK on surgery insurance and locum cover insurance make sure to check out the Locum Plan website.