Other Business Insurance Products for Additional Protection
Risks for Podiatrists and the entire health industry are not only related to practice but to business operations as well. Aside from the above-mentioned policies like professional indemnity and public and products liability, get covered by other business insurance below.
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 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 business or work as a contractor. This insurance will cover your business for tax auditing by the ATO.
If your business maintains a website or a digital record of your customers’ personal information like a contact number or email address, especially online, you are at risk of a data breach. This policy covers you from data theft.
Workers’ compensation is vital in Australia 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.