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The Permanent Locum Plan From MIAB

The Medical Insurance Advisory Bureau (MIAB) has launched a new product called Permanent Locum Plan. Underwritten by protection specialist insurer, Pioneer, its the first policy of its kind that's available for IFAs to sell to GP practices.

 The Permanent Locum Plan, pays the practice a regular sum of money to cover the cost of employing a locum or temporary replacement,if a doctor or key member of staff is unable to work due to ill health or injury.  Key features of the policy include:
  • A choice of cover from £500 to £3000 per week
  • Claims benefits paid for up to 12 months per single claim
  • Multiple claims allowed for the life of the policy subject to requalifying periods
  • No waiting periods for linked claims 
  • No evidence of costs are required for first 3 months of claim - to help promote short term flexibility where practices can cover the gap themselves by working longer hours and still receive claims benefit
  • Cover for insured doctors or staff up to age 60 or 65
  • Additional features include, cover for part-time staff working over 15hrs a week, jury service cover, compassionate leave, winter sports injuries, voluntary trips abroad, multiple member discounts

Rob Lynch, the senior partner at MIAB says, " We have worked closely with Pioneer on the Permanent Locum Plan for some time and I am very pleased to say our hard work has paid off. This is a top quality locum product with many carefully considered features and benefits that will help GP practices maintain service levels for their patients. It is also a simple and transparent policy which means there should not be any nasty surprises when you come to claim. This new policy represents further significant progress towards MIAB's objective to provide a comprehensive range of medical protection plans via our IFA and intermediary network." 

To obtain further information, or to get a no obligation quote, for the Permanent Locum Plan, simply call one of MIAB's specialist advisers on 01438 730210 (Monday to Friday from 8.00am to 6.00pm)


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