Insurance for dentists that will keep the practice running

Oct 21, 2015

I’ve just heard about a dentist who won’t go on holiday because it ‘costs’ him around £3,000 a week in lost income.  He sends his family off for a few weeks and just carries on working.

Let’s save the ‘quality of life’ discussion for another day and look at the purely financial aspects of this person’s life.

The man’s overheads for his practice: staff, leasing costs, utilities, phone and internet, rent and so on, are substantial and he feels he can’t take his foot off the pedal because he needs the income to keep the practice going.

Clearly, this person is driven and the viability and success of his business is paramount.  But he’s not invulnerable. 

Related Practice Cover Articles

medical malpractice insurance

Does Your GP Practice Need Medical Malpractice Insurance?

Understanding CNSGP, medical defence organisations and where additional cover may be needed Your NHS work may be covered, but is everything your practice does NHS work? For many GP practices, medical indemnity can feel more complicated than it needs to be. NHS general...

read more...
flu vaccine insurance

Is your flu vaccine order based on outdated data?

Your flu vaccine order could be one of the biggest purchasing decisions your practice makes this year. Is it based on this year's demand or last year's invoice? Every year, GP practices commit thousands of pounds to purchasing flu vaccines before administering a...

read more...
is your insurance ready for facial aesthetics

Is your insurance ready for facial aesthetics?

We were recently approached by a dental practice looking to expand into facial aesthetics and cosmetic treatments from their existing premises. We’re seeing more practices diversify creating new revenue opportunities and expanding patient services. However, one common...

read more...