What happens if you can’t work?
If you’re an associate dentist and your contract states that you are responsible for finding, hiring and paying a locum, it may be worth considering locum insurance.
The shortage of dentists over the last few years has seen the cost of locums spiral. Depending on the location, the price can be anything between £500 to £900 per day.
Locum insurance can help to cover the cost of hiring a locum, usually for up to 52 weeks. So, whether it’s a short-term arrangement or a longer period of absence, you’re covered.
Receiving sick pay
As an associate dentist, you will effectively be self-employed, meaning that you cannot claim Statutory Sick Pay (SSP) from the Government. Your bills, however, won’t stop when you’re ill, which is where income protection can help.
During periods of poor health, income protection can step in to ensure your finances don’t suffer. Bear in mind that many income protection policies step in only when SSP ends. Tailored policies for dentists and doctors can offer increased cover based on your needs.