Why Invest in Locum Insurance? It is a fact of life that people can get ill, and that includes people working in professions such as doctors, dentists, vets, opticians, pharmacists, physiotherapists, and so on: they are not immune.
However, it is not just sickness that results in people taking time off work. They take holidays, too, and people might be called for jury service. They might have to take time off work to look after a family member who is ill or has had an accident. They might suffer an accident themselves. Bereavement can cause people mental issues, and they may need time to sort themselves out.
If you run a GP’s practice, you may have a team member who hands in his or her notice and you then have to find a replacement which you cannot do at short notice.
Of course, if you are something such as a self-employed plumber or gardener while taking time off for sickness or holidays means that you won’t be earning any money, you can easily shut down for a couple of weeks. However, if you are a doctor, vet, or dentist, for instance, you can’t just shut down your practice, because you still have to provide the services that your patients or clients need. You cannot put a sign up in the window that says: “Closed for holidays”.
There are some interesting figures about absence from work, too. According to the website Personnel Today, XpertHR conducted its’ 14th annual survey into sickness rates and absence costs and found that the median rate of sickness absence in 2019 was 2.7% of working time, up from 2.5% in 2018. That worked out at 6.4 days absence per employee, up from 5.6 days the previous year. READ MORE Approachable Finance LTD 24 Main Street, Cross hills Keighley West Yorkshire UK BD20 8TF info@locuminsurance.co.uk 0345 3503655 http://www.locuminsurance.co.uk/