At Wesleyan Financial Services, we know that running a GP practice is as demanding as it is rewarding. We also understand it’s a job that comes with a lot of responsibility – and some potential risks you may not be prepared for.
Protection tailored to the needs of your practice
Have you ever thought about what would happen if a key member of your staff became critically ill, or died? What if you unexpectedly found yourself facing a claim of negligence or malpractice?
Working with you to understand the needs of your practice, our Specialist Financial Advisers can create a protection strategy designed to safeguard your finances should the worst happen.
And if you need broader business advice for your GP practice or medical business, we can help you with that too.
What our customers say...
94% of customers agree their Specialist Financial Adviser demonstrates knowledge of their profession
92% of GPs rated their Specialist Financial Adviser as very good or excellent
94% of customers agree that Wesleyan Financial Services make them feel valued as a customer
Immunising your practice against financial risk
When you’ve worked hard to build a successful livelihood, it’s important to protect it as best you can. We can help you put solutions in place to future-proof your finances, protecting you against any unexpected risks that might arise.
GP surgery insurance
No one knows your surgery better than you, but at Wesleyan Financial Services, we can help you decide the right level of insurance for your business needs.
Whether it’s cover against loss of income, contractual disputes or accidental damage, GP surgery insurance can help you look after your practice like you look after your patients.
Locum insurance
Finding cover for GPs and key staff can be expensive – especially if you need it long-term. While NHS reimbursement will pay part of the bill, it isn’t always enough to cover the full cost.
Locum insurance through Wesleyan’s Practice Protector Plus plan pays for replacement doctors, specialist nurses and pharmacists when you need them most.
Safeguarding your surgery
Protecting your partnership
Certainty and stability are central to the running of any business, but no one can predict the future. While it isn’t nice to think about, the critical illness or death of a GP partner would have a huge impact on your practice – and potentially your profits.
Taking out partnership protection insurance can give you peace of mind that the financial future of your practice is secure. At Wesleyan Financial Services, we can assess your situation and find the right level of cover for you, making sure you and your remaining partners are protected.
Insuring your integrity
Providing care for your patients is rewarding, but it isn’t without risk. As a medical professional, there may come a time in your career where you face claims of negligence or malpractice. Should this happen, it’s crucial to make sure you have an appropriate level of cover in place.
At Wesleyan Financial Services, we understand how much your role can vary. That’s why we take the time to assess your needs before finding a medical malpractice insurance policy that covers the risks you actually face as you go about your daily duties as a GP.
Defence against data breaches
As a practice responsible for managing confidential patient records, there can be a lot at stake if you were to suffer a data breach. This is where cyber insurance can help.
When you take out a policy through Wesleyan Financial Services, you’ll get a helping hand throughout the quoting process and beyond. This starts with a free cyber risk assessment to help us detect any vulnerabilities across your systems and recommend a level of cover that’s right for your surgery.
Certainty and stability are central to the running of any business, but no one can predict the future. While it isn’t nice to think about, the critical illness or death of a GP partner would have a huge impact on your practice – and potentially your profits.
Taking out partnership protection insurance can give you peace of mind that the financial future of your practice is secure. At Wesleyan Financial Services, we can assess your situation and find the right level of cover for you, making sure you and your remaining partners are protected.
Providing care for your patients is rewarding, but it isn’t without risk. As a medical professional, there may come a time in your career where you face claims of negligence or malpractice. Should this happen, it’s crucial to make sure you have an appropriate level of cover in place.
At Wesleyan Financial Services, we understand how much your role can vary. That’s why we take the time to assess your needs before finding a medical malpractice insurance policy that covers the risks you actually face as you go about your daily duties as a GP.
As a practice responsible for managing confidential patient records, there can be a lot at stake if you were to suffer a data breach. This is where cyber insurance can help.
When you take out a policy through Wesleyan Financial Services, you’ll get a helping hand throughout the quoting process and beyond. This starts with a free cyber risk assessment to help us detect any vulnerabilities across your systems and recommend a level of cover that’s right for your surgery.
A guide to business protection for GPs
Still unsure which types of protection you might need for your GP practice? Read our comprehensive guide for everything you need to know all in one place.
Learn more about:
- How to identify key members of staff in your practice
- Covering yourself against malpractice claims that aren’t included in the NHS Clinical Negligence Scheme for General Practitioners (CNSGP)
- Protecting confidential electronic data, such as patient records
Primary Care Networks (PCNs)
Are you responsible for the smooth running of a Primary Care Network?
If so, it’s vital to have the right support in place. At Wesleyan Financial Services, our medical specialists can help you with everything from budgeting and financial planning to finding the right insurance for your practices.
Wesleyan Financial Services partners with…
The RCGP, RCOG and FMLM are introducer appointed representatives of Wesleyan Financial Services Limited.