Insurance does not need to be a pain in the neck!

We seek to offer outstanding support to members of the British Chiropractic Association (BCA) by partnering with BCA Insurance Services indemnity cover – the most robust protection for chiropractors on the market. We offer a range of healthcare specific insurance services, as well as professional financial advice around all aspects of your financial planning.

BCA Insurance Services is provided through Lloyd & Whyte and BCA members can tap into their extensive sector knowledge and expertise, to ensure that you are properly protected in your clinic, wherever you practice.

Let’s talk insurance. Are you properly protected?

Whilst insurance may be considered rather a ‘pain in the neck’, working with the public means that you do need to ensure that you have got appropriate cover. Indeed, it is a legal requirement to have Employers Liability cover.

Lloyd & Whyte has been working with the BCA for close to twenty years now, helping BCA members to protect themselves and their businesses effectively, with a range of insurance and financial planning solutions.

Clinic insurance

This is offered as a package and covers a number of important aspects.

Standard cover includes:

• Public & Employers Liability
• Contents- including equipment such as beds, lasers, etc.
• Money
• Personal assault
• Business interruption
• Book debts
• Legal expenses
• Fidelity guarantee

Why do you need Public Liability cover?

Members of the public, customers or clients can sue you for a breach of your professional duty, which could be due to a negligent act, error or omission. Public Liability insurance is there to cover the cost of any pay-outs such as damages and compensation, and legal fees in this situation. It is a legal requirement, as set down by the General Chiropractic Council (GCC), to hold Indemnity Insurance. Legal costs and potential compensation claims can run into hundreds of thousands of pounds, putting you and your business at risk. If you are operating as a limited company, your business will be responsible for paying these. If you are self-employed, you will be responsible for paying them.

Employers Liability

If you employ somebody it is a legal requirement that you have Employers’ Liability Insurance in place. It protects you against the cost of compensation claims in the event of an employee injury or work-related illness. Businesses without the right employers’ liability cover in place could risk receiving fines if legally required. This is usually best sourced through “Clinic Insurance”, which can also cover Public & Products Liability for the clinic, along with Business Interruption, Contents, Buildings, and various other covers.

BCA Insurance Services¹, provided by Lloyd & Whyte automatically includes:

• Medical Malpractice Insurance
• GCC Disciplinary Defence costs
• Public Liability (for example for slips and trips)
• Products Liability (for any products you may sell or provide)
• (Public and Products Liability cover is in respect of you individually. Note that Clinics which are an entity should have Clinic Insurance in their own right)
• Personal Accident Cover: providing pre-agreed financial payments if you have a severe accident
• Legal Solutions & Tax Protection Cover

Entity cover

If your business is set up as a Limited Company or you run a clinic where other professionals work, we can extend your insurance to protect your business against claims being made against it (rather than against an individual practitioner). This is FREE for businesses where ALL practitioners are BCA members.

This will allow you to have peace of mind, knowing that you will be covered, in the event of a claim against the business entity.

In addition, even where the business includes chiropractors (or other practitioners such as physiotherapists and osteopaths) who are non-BCA members, the cover to protect the business is still available for a small payment of £50 (inclusive of Insurance Premium Tax) per non-BCA member practitioner. There are some types of professions (such as those conducting surgical work) which cannot be accommodated within your cover and would need a separate policy to be arranged.

Please note that if you have entity cover, you still need to ensure that all practitioners have their own individual insurance in place (whatever their profession).

BCA members will be covered under the Limited Companies policy (the entity). If you have non-BCA members working within the business, they will have to be noted separately on the policy schedule.

If your policy schedule does not show these details, and you would like to extend your insurance to include entity cover, please contact the BCA Insurance services for a proposal form/advice at bcainsurance@lloydwhyte.com

Other covers to consider

If you drive as part of your work, you must inform your motor insurer, in order to add “Business Use” to your Motor Insurance policy.

If you work from home, you should inform your home insurer, so that you can arrange cover in respect of visitors – for example, if a slate fell off a roof and it injured a visitor, you may have no cover if you hadn’t informed your insurer that you work from home.

Cyber insurance

Any organisation that holds personal data, has a legal obligation to keep it secure and out of the hands of cybercriminals. Even small businesses are at risk of attack. Read more here.

There are various other products which can help protect your finances – for example Income Protection, Critical Illness and Life Insurance.

Five-star service

Lloyd & Whyte have received five-star reviews on Trust Pilot and have been credited for their competitive and prompt replies.

“We use Lloyd & Whyte for our Practice Insurance and have found them to be very competitive on price and responsive. Whenever we have had to make contact, we have had prompt and helpful replies. We would certainly recommend them” Richard Gubbay.

About Lloyd & Whyte: Lloyd & Whyte Ltd is registered in England No. 03686765. Lloyd & Whyte (Financial Services) Ltd is registered in England No. 02092560. Registered Office: Affinity House, Bindon Road, Taunton, Somerset, TA2 6AA.

BCA Insurance Services is a trading name of Lloyd & Whyte Ltd used under licence from the British Chiropractic Association.  Lloyd & Whyte Ltd is authorised and regulated by the Financial Conduct Authority.