Protecting the stability and future of your practice.
As a GP partner, you play a vital role in both patient care and the management of the business. But what would happen to the partnership financially and operationally if one of your key partners were suddenly unable to work due to illness, disability, or death?
Key person insurance is designed to protect GP partnerships against precisely that kind of risk.
Key person insurance is a life or critical illness policy taken out by a business — in this case, a GP partnership — on the life of someone whose contribution is essential to the running or profitability of the practice.
At Doctors Mortgages, we understand that GP practices rely heavily on key individuals to keep things running smoothly. That’s why we work with specialist insurers who understand the healthcare sector, offering Key Person Insurance designed for the unique structure and pressures of General Practice. These policies often include features such as:
Read some of our recent client experiences
Doctors Mortgages are one of the UK’s leading specialist Mortgage and Insurance Brokers, offering expert advice tailored exclusively to medical professionals. Our dedicated service can help ensure you have the right GP Partnership Insurance in place to protect your practice and your financial interests.
With nearly 20 years’ experience arranging protection for doctors, we understand the unique responsibilities and risks that come with being a GP partner. Because we work solely with medical professionals, we’ve developed a deep understanding of the features and benefits that matter most—ensuring your cover truly supports your role.
Our advisers have detailed knowledge of NHS contracts, GP earnings, partnership agreements, and the financial structure of General Practice. Whether you’re an existing GP partner or considering joining a partnership, talk to us about GP Partnership Insurance. We’ll tailor a plan to suit your position and safeguard your share in the practice.
Find quick answers to common questions using our helpful FAQs.
In many GP practices, the partnership depends on a small number of GPs for both clinical services and business continuity. Losing one partner could significantly disrupt:
Without key person insurance in place, your partnership could be forced into quick financial decisions — such as taking on short-term debt or reducing drawings — during an already stressful time.
In most GP partnerships, key persons include:
Even if all partners are GPs, their individual contributions may be irreplaceable in the short term — which creates financial exposure.
In general, premiums are not tax-deductible for life cover if the proceeds go to the business. However, every case is different, and tax treatment can vary depending on ownership structure and the type of cover. It’s crucial to get tailored advice.
Key person insurance is not just about risk mitigation, it’s about safeguarding your practice’s legacy, patient relationships, and financial resilience.
If you’re part of a GP partnership and haven’t reviewed your protection planning recently, now is the time.
