Excess Layer Insurance
When standard indemnity limits aren't enough, we provide the extra layer of protection you need for high-value projects and complex risks.
Why do you need Excess Layer Insurance?
Insurance claims made in the medical sector can soon become extremely expensive to defend. In such circumstances, it may be that the core insurance policy indemnity limit (the maximum amount that the policy will payout) isn’t enough to cover the potential exposure.
It could be that one of your clients insists on a specified, higher amount of cover, as a contractual obligation. Or it could be that you or your firm is involved in a very large, high value project. This is where excess layer insurance comes into play.
Gap Protection
Cover the difference when claims exceed your primary policy limits.
Layered Security
Add a second insurer to provide an extra 'layer' of cover on top of your principal insurer.
Cost Effective Peace of Mind
Excess layer cover can be relatively cost effective. Leveraging our extensive knowledge of the medical industry and close working relationships with underwriters and insurers, we take data driven decisions. Typically, excess layer cover will be less expense than your core cover.