Secondary schools will probably favour our StopLoss
product.
Even more flexibility
As a secondary school with more staff you may want to
self-manage a relatively high level of sickness cost before any
insurance kicks in. This way you pay less for the insurance
but are still protected against unduly high levels of
sickness. Some call this ‘catastrophe cover’.
To agree what level of cost you would self-manage in the
forthcoming year, we will look at your past sickness records. If
the agreed level is exceeded later in the year, the insurance pays
out. If you don’t reach that level, you keep any
under-spend.
Why we're different
- Specially developed for secondary schools
- Allows you to manage a level of risk yourself
- You keep any under-spend
- No limit to the number of claims you can make
- Claims are paid quickly by our sympathetic staff
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- You tell us which categories of staff you would prefer to
cover. Let’s say you want to cover teachers and no other
staff
- You tell us a daily benefit you would prefer – the amount of
money you want for each day a teacher is off sick. Let’s say you’d
like to have £140 per day
- You choose an excess period - the number of days they are off
sick before payment starts. Let’s say you choose a five-day excess
period
- Having examined your past sickness records, our quote will ask
that you cater for a certain level of teacher sickness before any
insurance cover becomes operative. Let’s say that the level is
calculated as £14,000
- Monthly thereafter, you tell us about any incidences of teacher
absence lasting longer than five days. For each day of absence
above five days, £140 is deducted from your £14,000
- If your total teacher sickness costs reach £14,000, we pay you
£140 per day for each day an absence lasts longer than five
days, until the policy expires
- If your teacher sickness costs do not reach £14,000 you keep
the under-spend to do with as your school pleases
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The UK’s longest
standing provider of Teacher Sickness Insurance
"I have found that all
aspects of the school’s teachers insurance policy
are dealt with -
and requiring minimal involvement by the school."
Mrs G Skwarek - Miriam Lord
Community Primary School
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