03 September 2014
Several brokers and agents offer insurance policies that are backed by Lloyds. This is acceptable but attention should be paid to the €5,000 excess on each claim.
You might want to consider the best way of ensuring how a patient would receive the full amount of any award if a claim should ever arise. Perhaps you should ask the associate to deposit €5,000 in a trust account as a contingency measure.
You might also want to consider why this dentist is not with one of the usual defence organisations. It is not inconceivable that the associate has had conditions applied or had possibly been refused by a previous provider.
Although every dentist is responsible for their own acts and omissions, if the associate subsequently leaves the practice it is possible that any complaint about a former associate may become the vicarious responsibility of the practice. In this situation the associate will need to purchase ‘tail-cover’ from the insurer to indemnify against any cases that may come to light after they have left your practice.
Most claims arise some years after the treatment was provided. Unless the associate has access to occurrence-based indemnity, which is provided by your Dental Protection membership, the practice owner will need to protect themselves against any vicarious liability by ensuring that suitable arrangements have been put in place for any period that the associate will be working for you.