Other insurance products for your protection
After combining professional indemnity and public and products liability insurance, consider this next list of products for full coverage of your profession and business.
Is specifically for private companies and covers claims of wrongful management, employment practices breaches (wrongful dismissal or discrimination actions), crime (theft by employees or third parties), tax audit and statutory fines and penalties.
This cover protects your business, covering equipment and property damage from accidents, losses due to theft, fire, glass but not limited to. You may also want to consider Business interruption, for the potential loss of income, under certain sections of the business policy.
Tax Audit Insurance
Whether you run a small or large massage business or work as a contractor. This insurance will cover your business for tax auditing by the ATO.
If you maintain a website or a digital record of your clients personal information, especially online, you are at risk of a data breach. This policy covers you from data theft.
Workers’ compensation is vital to help cover costs related to an injured employee during business hours.
Personal Accident and Illness Insurance
This insurance is for every individual who is taking the time to recover from an injury or illness and unable to work.
Why massage therapists need insurance
Imagine a client sues you for a car accident he encountered after leaving your business premises. He claims that an unexpected muscle spasm resulting from the massage you gave him resulted in the accident. This may result in your client requesting compensation to cover ongoing massage or medical treatment. What do you do then?
This is when Sparrow Insurance and its insurance product becomes important.