Obstetricians with claims-made protection have told us that they want greater certainty over their options for protection once they retire. We listened to their concerns and are pleased to say that we can now offer them the certainty they want.
Previously, we were only able to offer the extended reporting benefits (ERBs) element of the product in blocks of five years at retirement. Now, when an obstetric member with claims-made protections retires, they have the opportunity to make a single payment for ERBs which covers the whole of their retirement.
ERBs enable a member to request our assistance and report adverse incidents that occurred during their membership, but that they only become aware of once their membership with claims-made protection has ended. By offering ERBs for the whole of the retirement, we hope members will be reassured that they can continue to benefit from the same high quality support and advice that they have always received from us.