Professional Indemnity Insurance

Regular interaction with people is a guaranteed part of any Complementary Therapists practice and is a daily occurrence. You may face situations where your clients look to hold you responsible for injuries they deem to have received as a result of your professional services.

Professional Indemnity Insurance (PI) protects you against liability or allegations of liability for financial injury or damages that have resulted from a negligent act, error, omission, or malpractice that has arisen out of your professional capacity as a Complementary Therapist. PI protects Complementary Therapists by ensuring that your legal defence is coordinated and paid for if a claim is made against you. Your PI also covers the cost of patient compensation or damages.

It is important to note that coverage is afforded on a “claims-made and reported” basis and will respond to claims made during the policy period. This means that the policy which is in place when a claim is made will be the policy to respond – regardless of when the incident occurred. Therefore, it is extremely important there is no gap in coverage between policy periods. Coverage needs to be continuously in place to ensure your insurance is uninterrupted.

This policy is fully compliant with Australian Health Practitioner Regulation Agency (AHPRA) regulation and registration requirements, and will be subject to regular review by industry experts to ensure continual cover enhancement. 


Are you a practice owner?

If you are a practice director or practice owner operating under a legal business entity name and your business employs professionals,Entity Insurance extends your IICT Member Insurance policy to respond to situations where your business may be held responsible, or brought into litigation for the actions of an employee, agent or Sub-Contractor.

Your IICT Insurance Policy responds to your legal costs to defend your liability as an individual. When the Entity Insurance is in place, your IICT policy will also respond to cover the legal defence costs in respect of your business entity.

Example: A Pilates Instructor employed by you runs a Reformer Pilates class. A participant in the class claims that inadequate supervision of class participants led to them sustaining a back injury.

The patient takes action out against the employee who ran the class, you (the Individual) as the owner of the studio who provided the treatment, and your Pilates Studio (business entity) for not having adequate processes in place to ensure adequate supervision.

Your IICT Insurance Policy responds to your legal costs to defend your liability, and if entity coverage is taken, your IICT policy will also respond to cover the legal defence costs in respect of your business entity.

It is important to note that you IICT policy will not respond to any costs associated with the action against professional employees, they will need to maintain individual Professional Indemnity coverage.

Please contact BMS 1800 290 981 or email iict@bmsgroup.com to learn more about Entity Insurance.