Professional indemnity and Public Liability insurance is recommended for all those who assist others in improving their Health and Wellbeing through provision of health care services.
Why do Health & Wellbeing Providers require Professional Indemnity and Public Liability insurance?
Professional Indemnity Insurance will provide protection for the provider in the event that a claim is made against them for incorrect or misleading advice, whereas Public Liability will cover claims as a result of injury to a client or third party in the course of carrying out the services.
A "grey area" could arise where the provider gives advice to a client who then as a result of that advice sustains and injury. To avoid any confusion our policy combines both Professional Indemnity and Public Liability in the one policy with the one Insurer.
Professional Indemnity insurance offers vital financial protection for Health and Wellbeing providers against probable losses occurring out of negligent acts, errors and omissions in providing their services.
A Health & Wellbeing provider needs to ensure any advice and/or treatment is provided with due care. However in the event that a claim is made the Insurance policy will contribute towards both legal fees incurred in defending a claim and any damages payable.
Please Note: Coverage under the policy will be subject to the particular circumstances relating to a claim and the full terms and conditions of the policy.
PI premiums are determined by your Turnover and PL Premiums by the number of staff under your employ. All insurers charge a minimum premium in both respects.
We believe we have negotiated highly competitive premiums for both classes of insurance, and will continue to monitor premium levels available in the market to ensure this remains the case.
From a compliance perspective and for your own protection you should have a minimum level of Professional Indemnity (PI) insurance. In the event that the services you provide for a client lead to a claim against that client they will generally look at claiming against the provider. PI insurance will protect you in the event that this occurs.
We have designed the Insurance application process so it only takes an average of 5 minutes to complete your application. In most cases your application will be instantly approved online, and you can print your Confirmation of Insurance to prove that you have the requisite cover in place... It's that easy!! All other documentation, such as your tax invoice, policy schedule and wording will be emailed directly to you for your records.
If the policy can't be issued immediately because we require further information, we will contact you generally on the same day.
Approximately one month prior to the renewal of your policy you will receive a renewal reminder email with a link that will allow you to review your previous years cover and renew the policy even quicker!
* We have minimized the number of referral situations so that most applications will be automatically accepted. However, if for example you have prior claims we will contact you to facilitate completion of your application personally with the Insurer.
Your Insurance policy is arranged by Express Insurance acting as an agent of Berkley Insurance Australia, a registered business name of Berkley Insurance Company (ABN 53 126 559 706) and part of the W.R.Berkley Corporation.
Berkley Insurance Australia underwrites a significant portfolio of general insurance business in Australia. They are fully authorised and regulated by the Australian Prudential Regulator Authority (APRA) which is the prudential regulator of the Australian financial services industry.
The financial strength rating of Berkley Insurance Australia is "A+ (Strong)" by Standard & Poor's.
For each policy completed online we make a donation to Monash Cystic Fibrosis Foundation.
About Monash Cystic Fibrosis Foundation ( MCFF )
Monash Cystic Fibrosis Foundation assists member organisations to achieve common objectives by developing national education programs and collecting and distributing information about Cystic Fibrosis (CF) at national and international levels.
CF member organisations direct their activities to the provision of high quality health and welfare services to children and young adults with CF and their families.
We will work with you to ensure that claims are handled in a professional manner and that you get a fair outcome from the Insurer. The first step is to lodge your claim as outlined below.