wesleyan 5 min presentation notes - UEA

1. Introduction
• Welcome – How we can help during your career
and why now is the time to join Wesleyan.
• We have been invited by the Medical School to
provide information on what we have to offer
• Whats happening today?
• Questions at the end – see us at our stand
• Wesleyan have always been about you, and
always will be

2. • Wesleyan – Specialist financial services for
doctors
• Offers advice and solutions designed to suit
your personal and professional needs as a
doctor.
• Range of products and services from
mortgages to investment and insurance.

3. What can wesleyan do for you
• Whichever medical school you are at, you will
have your own student liaison manager.
• I cover yourselves, Ox, Camb, Imperial
• I’ll help arrange your Student Wesleyan
membership
• We also sponsor educational events/revision
lectures – social events through clin soc

4. Final year photo
• Free

5. Stages of career
• Click all way through
• Short summary of each stage

6. Your biggest asset is you
• As our career progresses your earnings increase, and
subsequently so does your financial risk
• More you earn more you stand to lose.
• You need to be able to protect what you work for, and
your ability to work as a doctor
• You need to think about what would happen if this was
taken away from you
• Use printer anology
• £3.8million – one lump sum – would you protect this
• Way to protect this: it’s called income protection

7. Nhs sick pay
• Nhs workers have the highest rate of sickness
in the public sector
• Being a doctor won’t protect you from
becoming sick or having an accident.
• What would happen if you fell ill and were
unable to work?
• How long would you continue to be paid for?
• Prove point – paid out £29mill in claims

8. NHS sick pay entitlements
• No employers sick pay designed to
permanently replace your income
• First 4 months – 1 month full
• After 1 month full/2 months half
• Maximum 6months full 6months half – after 5
yrs
• Half pay is a massive drop in the income
you’re accustomed to – how can you protect
against this?

9. How it works
• Phase 1 student cover – £210/week tax free after 6 weeks
illness
• Half pay –top you up
• Sick pay runs out – sole provider
• Free until Nov after graduation
• Benefits increase automatically to £380/week tax free after
graduation
• Phase 2 – New doctor cover – If you choose to become a
paying member
• New doctor cover premiums are heavily discounted - very
competitive in the market
• Speak to doctors around you before making a decision

10. Why should you care?
• Debts won’t wait until you get better
• Payments still need to be made
• Last thing you want to worry about is money when
you’re trying to get back to full health
• With wesleyan, you get a guaranteed weekly income –
one less thing to worry about
• Underwritten at current health – more likely to be
healthy
• Only company to offer you this
• Able to take this cover out today and start reaping in
benefits.

11. Benefits of plan
• Elective friendly – more risk – become ill when
on elective you can claim if you are ill for more
than 6 weeks. – even if staying in UK
• Occupation specific – if you decide to retrain
you receive financial support
• Rehabilitation & proportional benefit
• Permanent protection

12. Apply for student cover today
• Apply today so you are ready to start your
career as an F1
• Lasts all the way until nov after graduation for
free
• Discuss with parents/doctors
• Please ask any questions you do have to
myself or my colleagues.
• Good luck with studies!