|
AGE CARE, HOME & COMMUNITY CARERS INSURANCE
Whether you are a company, partnership or individual (sole trader) providing Age Care, Home or Community Carer services to the elderly or clients with disabilities, Optimum Insurance Services can provide a tailored insurance solution to suit your unique insurance needs.
Age Care, Home or Community Carer services, including the following:
· Attendant Care
· Domestic Care
· Transitional and Post Acute Care
· Respite Care
· Transportation Assistance
|
|
In addition to Carers, we also provide cover for Registered Training Organisations (RTOs) providing education in Aged Care, Home and Community Care and Disability Care.
In conjunction with leading APRA approved insurers, we can tailor an insurance solution for you, your business and your employees, including the following:
· Public & Products Liability Insurance
· Professional Indemnity Insurance
· Business Property Insurance
· Motor Vehicle Insurance
· Directors’ and Officers’ Insurance
· Employment Practices Liability Insurance
· Personal Accident Insurance
· Workers’ Compensation Insurance
· Life and Income Protection Insurance
Our packages ensure broad policy coverage with extremely competitive premiums.
We invite you to obtain a quotation and compare to your current insurance arrangements.
ARRANGE A QUOTATION
AGE CARE, HOME & COMMUNITY CARERS INSURANCE
Simply complete a proposal form and return to us by email, fax or post.
For further details on all our products and services, please peruse our website or contact us to discuss your specific insurance needs.
In most cases we can come back to you within 3-7 days with a firm quotation for your consideration. If you would like to discuss your specific needs prior to completing the proposal form, please don’t hesitate to contact us.
FREQUENTLY ASKED QUESTIONS
Professional Indemnity insurance
Professional indemnity insurance protects a business and its employees when they are sued for an act, error or omission in relation to the provision of professional services. Complicated legal issues relating to professional indemnity can result in the professional incurring significant legal costs in protecting their business and their professional reputation.
Professional indemnity insurance policy provides protection for the professional against those costs and the resultant impact on their business and their livelihood.
Who is a professional?
The offering of advice and services by a skilful character according to an established discipline might best define a professional.
Who is covered?
· the legal entity and its subsidiaries
· predecessors in business
· principal/partner/directors
· employees (past/present).
What is covered?
· damages
· compensation
· interest and costs
· defence costs.
Type of claims
· professional indemnity claims arising out of the provision of professional services
· libel, slander or defamation against a third party
· loss of client documentation
· legal liability for damages and claimants' costs/expenses arising from an act, error or omission/civil liability of the "company's" employees
· wrongful or inadequate advice to a third party
· acting without proper instructions or failure to act in accordance with the third party's instructions
· failure to advise third party
· breaches of Trade Practices Act/Fair Trading Legislation - e.g. misleading or deceptive conduct
· breaches of statutes - e.g. Corporations Law, Uniform Consumer Credit Code.
Why do Professionals need Professional Indemnity Insurance?
A Professional will hold himself or herself out as having a special skill, which can be relied upon by another. Consequently the law requires that the Professional exercise the required skill to an appropriate level expected by that profession.
Professionals are only human and mistakes do happen. Any financial loss, injury or damage arising from a mistake or failure by the Professional to exercise the required level of skill may mean that an award is made in favour of a person who suffers a loss, damage or injury. A Professional may also be held to be liable for a mistake even though there was no negligence.
In the event that a financial loss, injury or damage arises from a failure to provide that appropriate level of skill may result in an award for damages being provided to the third party that suffers the financial loss, injury or damage. The Professional Indemnity insurance provides cover for damages awarded against the Insured Person and/or Company including costs or expenses incurred in defending the claim.
What about cover for my motor vehicle(s), equipment and office?
Optimum Insurance Services can provide you with a range of insurance solutions providing broad coverage at competitive premiums for your vehicle(s), equipment and office.
In addition, we can also arrange cover for the most important assets in your business, you and your staff. Please contact us for assistance with Workers’ Compensation insurance, Personal Accident insurance and Life insurance.
Does your current policy provide adequate insurance cover?
It is important that you understand the extent of your policy coverage and your insurance requirement. Many insurance policies provide limited cover, for example, in is quite common for some insurance companies to provide limited or no cover for Personal Injury and/or Property Damage. Depending on the Insured Occupation, there may or may not be an exposure that requires this cover.
Policy coverage is always subject to the terms, conditions and exclusions of the insurance contract and policy wording provided by the insurer.
The importance of understanding the extent of your policy coverage and it’s limitations is vital to ensure that you are adequately protected in the event a claim should arise from a breach of your professional services.
Insurers Policy Wordings
Each insurance company has their own policy wording. This means that coverage can vary considerably from one insurer to another. It is important that you compare each policy based on the appropriateness of cover for your individual business needs.
|
)