Your individual practice principal membership does not include protection for an incorporated practice.  As a separate legal entity, you will need protection to be in place that applies specifically for the company.

Yes, you should tell Dental Protection about any changes including turnover, number of employees or scope of practice.  If these changes are planned, we can work with you to ensure that you have the appropriate protection in place when they are implemented.

Company Protection was designed for smaller incorporated dental businesses who do not have complex needs.  If your Company is a larger business, we may be able to offer alternative products.

To find out more, please visit Medical malpractice insurance solutions for healthcare organisations

Yes, you should tell Dental Protection about any changes to ensure you have appropriate protection in place.

For example, we should know if there is an increase in the number of dentists working for the company, there are new procedures offered by the practice or a change to the number of practices you own.

When you are no longer the owner of the legal entity then your Company Protection membership should be closed.  Please ensure you take independent legal advice on the transfer of any liability regarding any claims that arise after the sale of the business and this is included in your sale agreements.

Once the limited company ceases to exist, claims cannot be pursued against the limited company unless it is restored to the register. On this basis we do not offer Extended Reporting Benefits after a company is dissolved.

In the event a patient named the company,  we would provide assistance to deflect the claim on the basis the entity does not exist.

It is important to note that protection for the limited company protects just the entity. It does not provide protection for individual clinicians.

While you were a company director, you would have been considered an employee of that company; and you would have ceased to be an employee when you ceased being a director (if not otherwise employed, for example as a practising dentist).

Should legal challenge then be made against the company, the new director(s) would be expected to inform the business’s indemnifier, and if appropriate the claim will be deflected on to the treating clinician.

If you still feel you have liability for the historic risk due the business agreement and transfer of ownership, then you should contact us; however, it would be advisable for you to check with your solicitor before doing so. It is unlikely that MPS would be able to provide protection for risks arising from the transfer of the business.