BADN Indemnity Scheme
What is it?
BADN Indemnity Scheme in partnership with Trafalgar Risk Management and Parliament Hill Ltd, offers you an opportunity to apply for professional indemnity. This indemnity is offered at a special discounted premium rate, available exclusively to Full-Time, Part-Time or Maternity membership only. Other memberships do not qualify for the scheme.
What was the process?
In the past when you applied for the membership, you'd also be able to apply for indemnity cover at the same time and pay the total of both with one transaction.
What has changed and what does it mean?
In 2019, we had to change our procedures. This meant that we no longer needed to be an Appointed representative of Trafalgar Risk Management. It also meant that the BADN membership and the indemnity scheme application processes moved from being one process to a two separate processes, each being managed separately directly with the provider.
What is the new process?
The current process now requires you to submit two applications, one for each product (BADN membership and indemnity policy) and pay for each one individually. We have come up with a new way for you to apply for your BADN membership and your indemnity cover through our BADN Indemnity Scheme managed and run by Parliament Hill Ltd. We are still an Appointed Representative of Parliament Hill. Before you can use the BADN Indemnity Scheme, you MUST have a valid BADN membership at the level of either full time, part time or maternity membership level. Please also remember that insurance is always subject to underwriting.
Here are the steps:
Apply for your BADN membership online.
- Once you've successfully completed the purchase of either a Full-Time, Part-Time or Maternity BADN membership, you'll receive instant access to your online membership features, including BADN Indemnity Scheme.
- Upon successful checkout, you will find an Apply for BADN Indemnity notice (displayed at the top of the payment confirmation page) allowing you access the BADN Indemnity Scheme application process at discounted rates.
- Click on 'Access BADN Indemnity Scheme' and you will be directed to a restricted BADN Indemnity Scheme page to follow further instructions to redeem your discounted premium fees.
All renewing members must also follow the process to access the BADN Indemnity Scheme. The new process has been distributed in form of an email renewal invitation to all members by BADN and Trafalgar Risk Management. BADN will not be able to process any applications on behalf of members through the Trafalgar Risk Management. This is something that you (BADN Member) have to do yourself.
If you need any further assistance, please do not hesitate to contact us.