What Is Veterinary Locum Insurance?

What Is Veterinary Locum Insurance?
Veterinary locum insurance is a special form of insurance for vets who temporarily or independently provide their services (locums). This insurance covers risks that may arise in short-term assignments, such as liability in the event of animal and property damage or professional errors.
This type of insurance typically falls under an indemnified policy, meaning it covers legal costs and compensation claims while also requiring proof of financial losses, such as receipts or invoices, due to an employee’s absence.
However, Locum Insurance may not always provide full coverage for your business needs, which is why exploring alternative options is essential.

One such alternative is Executive Income Protection, which provides a monthly benefit to help the business cover ongoing costs when a named employee is out of work due to a long-term illness or injury.
Unlike Locum Insurance, which primarily covers temporary absences, Executive Income Protection can help businesses manage longer-term financial strains.
Choosing the right protection depends on your business’s specific needs. If a temporary replacement is enough to keep things running, Locum Insurance might be suitable. But if losing a key employee for an extended period would strain finances, Executive Income Protection offers a more comprehensive safety net.
Just like Baby Yoda saves Mando from bad situations, locum insurance will bail you out at unexpected moments.