Since GSI/UK Special Risks launched a specialist Insurance Policy for Dental Laboratories they have attracted over 300 laboratories from the small operation to the larger composite laboratory.

We asked GSI / UK Special Risks for five reasons why laboratories should choose them when arranging their insurance. Their reply was:

1. Our premiums are competitive.
2. Lesley & Suzanne provide a personal service to all our Laboratories taking the time to get to know each clients specific requirements and explain the cover in detail.
3. Wide and innovative Cover
4. Documentation is clear and unambiguous. It is important that our clients understand their cover to ensure adequate protection.
5. We support the industry bodies the DLA, DTA, and DAMAS initiatives.

Lesley Owen who manages the Dental Laboratories Department says, " We wish to build upon this and attract a similar number of new clients over the next three years". Our product is unique and has been specifically developed for the Dental Laboratories Industry. We knew that when we entered the Industry we would need to be sharper, more competitive, offer better customer service and wider cover than our competitors. This I believe we have achieved.

The Policy provides All Risks Cover on Laboratory contents including precious metals, customers goods, glass and signs, name plates and portable equipment away from the Laboratory.

Employers, Public & Products Liability which also includes full Products Liability on Implants, Sports mouth guards etc.All Laboratories automatically have Standard Cover included on Glass breakage, Money within the Laboratory and in transit.

The Policy includes Business Interruption, a vitally important area because of the small number of substantial fires within the Industry. Damage to the contents and / or building affects the Laboratories ability to trade for weeks possibly months. When the Laboratory is re-fitted it may have lost contracts as Dentists have had to find alternative suppliers. As a result it can take up to twelve-months for a Laboratory to recover even in circumstances where they are unable trade for several weeks.

Suzanne says " We have developed specialist coverage for the laboratory owner " The statutory registration of Laboratories has insurance implications and we have developed our Cover to assist the Laboratory in defending any attempt by the Regulators to remove their Licence and their ability to trade. This is one example of our innovative approach.

Laboratory owners also have the option to purchase Legal Expenses protection. This will give them cover against Employment disputes and TAX and VAT investigation costs. In addition a 24 hour helpline is included.

Lesley and Suzanne would be delighted to hear from you. They can be contacted on 01634 862525 at Unit 6, The Oaks Business Village, Revenge Road, Lordswood, Chatham, Kent ME5 8LF or by Email at info@ukspecialrisks.co.uk