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HS Financial Services - Know your products
Know your products
People will insure virtually anything and everything. As well as compulsory insurance, they buy cover for white goods, mobile devices, and even moustaches!

Yet very few insure against losing their most valuable asset, their ability to earn. It's estimated between 12 and 15 million people have a clear, identifiable need for income protection, according to the Income Protection Task Force (IPTF), which means many people could face a precarious financial position, should they fall ill or have an accident.

Recognising income protection is not the easiest or most engaging subject for consumers (or advisers) to grasp, it does however, represent a true opportunity for advisers to demonstrate their professional value and tailor their recommendations.

So, let's take a closer look at the quality solutions our providers income protection has to offer, including our new product called Personal Sick Pay designed for clients in riskier occupations.

Comprehensive IP cover and a range of choice for your clients...

Income Protection If you can't do your own job because of an accident or illness and aren't doing any other paid or unpaid work, the providers Income Protection pays out until you can return to work - no matter how long it takes (the average claim is paid for 7 years).
Personal Sick Pay for people in riskier jobs A brand new income protection product designed for clients in riskier jobs who can be more expensive to insure.

For example, dentists, hygienists and locums, as well as those who find it difficult to prove how much they earn, as they could be self-employed or contract workers. Also includes many unique features including back to Day 1 cover.
Budget Income Protection This cover has all the same features as full income protection with just one difference; any claim paid is for a maximum of 2 years, and the cost - up to 70% less.

What's more, provided you have been back to work for at least six months between claims, your claim period resets so you can claim again, even for the same illness or injury.
Income Protection for dentists and hygienists If you are a dentist or hygienist, the provider offers Income Protection with additional features especially for medical professionals.
Income Protection with unemployment cover Income Protection with the option to add unemployment cover is called Mortgage and Lifestyle Protection.

For unemployment cover, a claim can be made for up to 12 months for any one claim and 36 months in total.


Quality comes as standard with MediFinancial.


MediFinancial offers own occupation for all of it's income protection range and you can tailor your income protection recommendations to your client's profession, budget, health or age. So help your clients to keep their financial health in check and protect their most valuable asset - themselves!
Posted by: Anne Barker on 04 Aug 2014

General Buyer Terms

This agreement is in relation to MediEstates Limited whose registered office is at 1st Floor, Pacific House, Stanier Way, Wyvern Business Park, Derby, DE21 6BF acting for and on behalf of our clients ("the Vendors"); and yourself (Buyer's Name) in relation for an introduction to a prospective sale of a business as a going concern. By registering through this agreement I agree to all terms set out below:

  1. Definitions
    In this Agreement the following terms and phrases shall have the following meaning unless the context otherwise requires:

    Business
    Dental Practice business providing dental care. This business is under the MediEstates Ltd sale terms.
    Confidential Information
    Means the actual Vendors identity and all confidential information in respect of the Business, including, but not limited to, any ideas, business methods, prices, accounts, finance, marketing, research, development, manpower plans, processes, market opportunities, intentions, design rights, product information, customer lists or details, employees’ details, trade secrets, computer systems and software, and other matters connected with the products or services manufactured, marketed, provided or obtained by the Vendor, and information concerning the Vendor’s relationships with actual or potential clients or customers and the needs and requirements of such clients’ or customers’ operations.
  2. Obligation of Confidentiality
    The Prospective Purchaser agrees to treat as confidential, information supplied by or on behalf of the Vendor in connection with the sale of the Business.
  3. Exclusions
    The obligation of confidentiality set out in clause 2 does not apply to:
    1. any information received from a third party who was legally free at the time of disclosure to disclose it;
    2. any information which was already lawfully in the Prospective Purchaser’s possession prior to receiving it from MediEstates Ltd on behalf of the Vendor; and
    3. any information which is in its entirety already in the public domain.
  4. Duties of Prospective Purchaser
    1. The Prospective Purchaser shall take such a reasonable security measures to protect the Confidential Information and trade secrets.
    2. The Prospective Purchaser shall not, without the prior written consent of the Vendor, permit any of the Confidential Information:
      1. to be disclosed, other than in confidence to its legal or professional advisors;
      2. to be copied or reproduced;
      3. to be commercially exploited in any way;
      4. to be used for any purpose other than in connection with the prospective purchase of the Business;
      5. MediEstates is registered under the Data Protection Act 1998. Upon Signing this agreement you agree to follow the legal obligations of this act to protect the details of the information supplied to you, with it no to be passed outside of the control of you the prospective purchaser.
    3. The Prospective Purchaser agrees to keep a record of Confidential Information received.
    4. The Prospective Purchaser will return to MediEstates or the Vendor all documents containing Confidential Information and all copies of those documents on demand at any time which are in its possession or under its control, and for this purpose the term “documents” includes computer discs and all other materials capable of storing data and information. The Prospective Purchaser agrees that such documents remain the property of the MediEstates on behalf of the Vendor.
    5. The Prospective Purchaser must not jeopardise or re-direct the sale under any circumstances.
    6. The Prospective Purchaser must not contact the Local Area Team or CCG regarding any practice sale, by any means of media unless written permission is granted from the Vendor.
    7. To carry out own due diligence on practice purchases and accepts that any information MediEstates has supplied is information provided by the vendor and is not responsible for its accuracy or completeness.
  5. This Agreement
    The existence of this Agreement and its terms are confidential and neither MediEstates nor the Purchaser may disclose anything about this Agreement or its subject matter or implementation to any person other than in confidence to their legal or professional advisers.
  6. Duties of Prospective Purchaser
    When buying Dental practices, finance is normally needed. Our organisation operated over more than one of the MediHoldings brand, by completing this from you agree that the information can be shared to our other organisations to avoid the need to register independently and provide the best possible service.

    MediEstates will refer you to the specialist dental lending team and MediFinancial who will contact the necessary banks, whom have preferential healthcare lending rates in some cases, to ascertain which funding is available to you.
    By signing this agreement you do not have to use any of the banks MediFinancial contact, it is just another service which we provide.
  7. Deposit for Dental Practice
    If you are interested in putting forward a formal offer in for a practice, once the offer is accepted there will be a deposit required to secure the practice sale which is dependant of the practice size. This deposit is held in a client account and will be returned to the buyer on completion of the practice sale. You the buyer, will be required to sign a deposit schedule which will cover the buyer and the seller in the event that the practice sale does not proceed.
  8. Changes to this Agreement
    Any changes made to this agreement must be authorised and signed by one of MediEstates Ltd Directors.
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