Insurance policies to protect professionals in the allied health practitioner sector
There are a lot of risks involved when caring for people and attending to their health needs. One mistake can quickly escalate into a serious claim.
Accidents are unavoidable. When these happen, an insurance policy can help manage and pay for compensation against claims.
As an allied health practitioner, the profession is very fulfilling, but not without challenges. You have liabilities in your workplace. There are times when a situation may arise. These days clients can appear to be quick to file a claim against you.
This often leads to disputes and possible claims. You cannot just avoid them. And sadly, they could take a toll on your financial situation. Insurance is a necessity to assist you to have peace of mind.
If you own a business, you should give yourself, your employees, and your customers the peace of mind that you all deserve.
is designed to protect your business from claims arising whilst you’re providing professional advice or services. Professional indemnity insurance can also assist you with the legal defence, compensation, and settlement costs associated with the claims.
As a Health Professional, you are liable for any third-party injury or damage arising from conducting your business. Public liability may cover incidents like slips and falls.
Part of running and operating a clinic is to sell or supply products. Product liability insurance protects you from any personal injury or damage caused by your goods. If a client makes a claim against you for developing an irritation, product liability insurance may cover the compensation costs.
Risks for businesses are not only related to practice but to business operations as well. Aside from public liability and professional indemnity insurance, and those mentioned above, there are other business insurance products that health professionals may need.
These policies below are a recommendation only and are subject to a review of your specific requirements
Whether you run a small or large business or work as a contractor. This insurance will cover your business for tax auditing by the ATO.
Workers’ compensation is a mandatory requirement for all businesses to cover their staff and contractors in the event of an accident
but not limited to:
Secure Your Profession with a Customisable Insurance
Sparrow Insurance can arrange a customised insurance cover specific to your profession and business. As we guide you with the insurance products, we’ll be there to help you every step of the way.
The cost will vary depending on several factors, such as your business size, the type of services you provide
This insurance comes with standard policies like public liability and professional indemnity insurance. We can help you customise your package, which will depend on the type of business you have. Health professionals may take advantage of other insurance products for more protection for your profession. Get in touch with us for a full product disclosure statement.
Getting this type of insurance depends on many factors: the nature of your business, how big your company is, and how vulnerable you are to risks Call us to know more information about the other requirements.
General Advice Warning
This advice has been prepared without taking into account the client's objectives, financial situation or needs.
Because of that, before acting on the above advice, the client should consider its appropriateness (having regard to their objectives, needs and financial situation).
If the advice is related to the acquisition of an insurance contract, the client should obtain a Product Disclosure Statement relating to the product before deciding whether to acquire it.
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