What insurances are for occupational therapists?
It is important for you to have the right amount of coverage for unexpected accidents or occurrences. As occupational therapists, here are the main insurance policies that you need in your insurance package:
Medical Malpractice/ Professional Indemnity Insurance
Professional indemnity cover is also known as malpractice insurance. Professional indemnity insurance arrangements help you cover expenses for claims made against you by your clients, should they find your service unprofessional. You need professional indemnity to cover for claims against breach of duty, professional misconduct, and mistakes or omissions claims.
Public Liability Insurance
Whether in a big or small business, public liability insurance is a must. Public liability insurance will cover you from any claims made by a member of the public because of third party injury or property damage within your premises during occupational therapy activities.
Product Liability Insurance
If you are an occupational therapy practitioner who manufactures or sells your own therapy products, it is best to have product liability insurance policy cover as consumers may file claims against product authenticity.