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.
Medical Malpractice 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.
We’ve all had that moment; where you think of a brilliant business idea only to find someone has already beaten you to it. What happens if you implement a new idea in your business, only to find out that you have unintentionally copied someone else’s idea? Your IICT Insurance policy protects you against any alleged or actual (and unintentional) infringement of a copyright, trademark, registered design or patent.
Coverage provides reimbursement to an insured member for defence costs if any criminal proceedings are brought against them in relation to the performance of their professional services rendered in Australia; provided the member is acquitted or found ‘not guilty’ of the criminal charge.
Reputation can mean the success or failure of a business. As an IICT Member participating in the Insurance Program, you have access to cover for costs involved with engaging a Public Relations Consultant, to work with you to maintain your public image where an allegation is made regarding the quality of your professional services which may lead to a claim.
Coverage is provided for an insured member to engage preliminary legal services and advice prior to an incident being formally accepted as a claim under the policy.
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 email@example.com to learn more about entity coverage and to apply for cover today.