Working closely with clients on their health and wellness needs comes with innate and heightened risk exposure.
Professionals in the sector may have a duty of care to ensure their service doesn’t cause harm or injury to their clients. So, it’s crucial to have insurance that covers your business from negligent claims – even if you’re not at fault.
Why should you choose Marsh to arrange your insurance solutions?
A number of different factors that may influence the cost of professional indemnity insurance, such as the service provided, company size and revenue.
When requesting a quote, make sure the declared value of your business is accurate so we can arrange the correct premium and cover for you.
Professional indemnity insurance covers up to $10 million. Public liability insurance covers up to $20 million.
‘Claims made’ is a term used to describe an insurance policy that covers claims that are notified during the policy term. This may not necessarily be the same period in which the accused incident or error resulting in the claim occurred.
Professional indemnity policies provide a 'claims made' basis of cover because advice or service errors in many professions are often discovered weeks, months or even years after the mistake was made.
If the limit of indemnity has changed, it is the limit purchased when the claim is notified that applies – not the limit purchased when the work was completed.
Our team can provide support and proactively guide clients through the claims process.
Contact your Marsh representative to assist with lodging a claim.
If you add another service to your business, all you need to do is let us know. We can advise if your current coverage is still correct or if amendments will need to be made.
Additional costs may apply.
Even if you own a home health business, the risks are just as prevalent as if you worked from a studio or retail space.
Accidents can still happen in your own home, which could expose you to allegations of improper advice, professional negligence and more.
Consider whether professional indemnity insurance and public liability insurance can help protect your business.
Need a range of covers to suit your business needs? Explore Marsh’s business bundles for glass, theft, contents cover and more.
Let Marsh arrange your commercial property insurance policy to help protect your business’s buildings, contents, and more.
Cyber attacks are becoming increasingly common. Help protect your small business with cyber insurance solutions arranged by Marsh.
With personal accident cover, you can be sure your medical expenses are covered in the event of an on-the-job injury.
On-the-job injuries can hurt – and not just the injured worker. Help protect yourself against costly claims with cover arranged by Marsh.
Whether you’re online or in-store, let Marsh service your insurance needs – so you can stay focused on your customers.
You’re an expert in your field. We’re experts in ours. Let Marsh arrange professional services cover tailored to you.
LCPA 23/127
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) (“Marsh”) arranges the general insurance (i.e. not the Discretionary Trust Arrangement) and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). Any advice or dealing in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). JGS and JLT are businesses of Marsh McLennan. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.
