Standing up for the veterinary profession
08 Aug 2024
29 Jul 2025 | Lloyd & Whyte
Thinking of opening your own practice? Our insurance partner Lloyd & Whyte breaks down everything you need to know about protecting your business and your team.
If you’ve been qualified for a while, you might be thinking about where your career can take you. Whether that’s becoming a partner in a vet practice or even opening your own, it’s good to start thinking about the insurance side of things.
If you are considering starting up your own practice, Lloyd & Whyte can provide you with a free, no-obligation quotation. We will help tailor your cover to suit your needs and ensure you’re protected well in advance of the date of your own practice opening.
Just like your vet practice, your insurance needs to evolve. If you are planning to expand your team, upgrade equipment, or extended your premises, your current policy may no longer offer the full protection you need. This could leave you at risk of being underinsured, resulting in financial strain, or worse should a claim arise.
Lloyd & Whyte can provide you with free, no-obligation policy reviews to continue to ensure that your practice is still properly protected at each future renewal date.
Even if you haven’t reached the stage of opening your own practice, if that is your goal, the following information will be useful knowledge to have when it comes to insuring your business and your people.
Why choose Lloyd & Whyte?
What is included in Vet Practice Insurance?
Insuring a vet practice isn’t always as straightforward as just protecting your premises and equipment. We can provide policies that include:
Property Insurance
Arranging insurance that covers damage or loss due to insured events such as fire, theft or water damage is essential. If your practice’s premises are damaged, we can provide you with a policy that can cover the cost of repairs or rebuilding, enabling you to resume business operations. This can also include protection for the contents of the practice such as X-ray equipment.
Public Liability Insurance
Lloyd & Whyte Practice Insurance includes Public Liability Insurance cover which protects the practice from compensation claims if a patient or visitor is injured on the premises. This coverage is essential for managing risks associated with patient interactions and ensuring that any compensation claims don’t impact the practice’s financial health.
Employers’ Liability Insurance
This coverage insures you for legal fees and compensation claims that could be made against you in the event of one of your employees suffering from work-related illness or an accident. Employers’ Liability is a legal requirement for businesses in the UK. For example, if your employee slips on a wet floor or is injured by an animal, Employers’ Liability can protect you for lawsuits around these events.
Business Interruption Insurance
Business Interruption Insurance is another core cover, providing financial protection if your practice is forced to close temporarily due to a covered event, such as water damage or fire. This coverage helps to cover loss of income and fixed running costs.
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