BMS is now the exclusive broker for the IICT’s new insurance program.
BMS is a Lloyd’s broker and has 15 global teams, including in Melbourne and Ottawa, dedicated to providing coverage, and value-added services to associations and its members.
The Australian and Canadian teams provide coverage to more than 400,000 Allied Health and regulated professionals through 70+ associations globally.
This experience gives BMS a unique insight and ability to create and deliver significantly enhanced and continuously evolving member centric insurance programs. This includes ensuring broad, market-leading coverage, evidence-based risk management and exceptional member service.
To find out more visit www.bmsgroup.com/global-affinity
If you have any questions about the insurance program or IICT Indemnity Policy, contact BMS at 1800 290 981 (Aus) / 0800 999 267 (NZ) or email firstname.lastname@example.org.
Ensuring IICT members have access to the most comprehensive coverage, additional, evidence-based risk management material and exceptional service for insurance queries and claims is paramount. BMS is a specialist broker dedicated to servicing associations and its members and will continue to enhance the International Institute for Complementary Therapists Insurance Program.
Yes you can opt back in to the insurance program at any time. Please contact BMS to find out how.
If you have a current claim with your previous insurance company, you will need to continue dealing directly with them. Any new claims or notifications under the new insurance program can be directed to BMS on 1800 290 981 (Aus) / 0800 999 267 (NZ).
Professional Indemnity Insurance protects you against allegations or claims of financial loss due to injury or damages that have resulted from a negligent act, error, omission, malpractice or breach of duty that has arisen out of your professional capacity as a Complementary Therapist.
The IICT PI policy will also respond to protect your reputation should a claim occur.
Public Liability Insurance provides cover for bodily injury or property damage to a third party that occurs while conducting your professional activities.
This is primarily a legal defence costs cover but also covers settlement costs in the event that you are found to be liable / negligent in causing the injury or property damage.
Products Liability Insurance covers you for actual or alleged bodily injury or property damage to a third party arising through use of a product sold, supplied, or manufactured by you.
As with Public Liability, this cover will also respond to legal defence costs even if you are found to be not liable for the injury / damage.
You can opt out of the IICT program during the application or renewal process. While it’s not compulsory to take up the IICT’s Medical Malpractice Professional Indemnity and Public Liability Policy, all IICT members must have adequate PI Insurance to be a member of IICT.
You can contact BMS and the team of Senior Brokers on 1800 290 981 (Aus) / 0800 999 267 (NZ) or by email at email@example.com.
No. There is no cover for when you are providing your services to family members.
The IICT PI Policy has run-off cover, so you remain covered in the event you have a leave of absence (such as maternity leave or due to an illness). To activate this, you must apply for run-off cover by contacting BMS on 1800 290 981 (Aus) / 0800 999 267 (NZ) or via email at firstname.lastname@example.org
Yes. The IICT Insurance Policy provides run-off cover, which means you are covered when you retire. To activate this, you must apply for run-off cover by contacting BMS on 1800 290 981 (Aus) / 0800 999 267 (NZ) or via email at email@example.com.
Yes. The IICT PI Insurance Policy provides unlimited retroactive cover provided that there are no known and unreported circumstances that may lead to a claim.
Yes. As a Public Health Sector worker, without your own insurance policy you are relying on your employer’s Insurance, which may be geared more towards protecting your employer. Further, Public Hospitals or Health Centres typically carry policy excesses upwards of $250,000; which means that, in the event of a claim against you, they may decline to cover you.
Your employer’s policy may not cover you for:
IICT members who participate in the Insurance Program also have peace of mind that they have an individual $20,000,000 limit covering their interests as well as access to 30 minutes of free legal assistance with a senior lawyer for each potentially claimable issue that arises.
Having your own individual policy ensures you are covered if you want to work while transitioning from one employer to the next.
All IICT members participating in the insurance program have access to free legal council with a leading Allied Health law firm offering Summary pro bono legal advice. To ensure all eligible members are provided with superior legal defence in the event of a claim or complaint.
IICT members can take advantage of this complimentary service for practice related questions involving issues such as:
Members should not
If you are aware of a potential claim should contact BMS directly at 1800 290 981 (Aus) / 0800 999 267 (NZ) or firstname.lastname@example.org.
Business Insurance is designed for Allied Health & Medical businesses with assets not exceeding $5 million. It covers various general elements of business risk relating to property and interruption to operations; it is comprised of 2 main sections of cover being Material Damage and Business Interruption.
Cyber Security & Privacy Liability
Cyber Liability coverage responds to various losses resulting from but not limited to, stolen credentials, malware, phishing and social engineering and insider threats. Coverage is provided for loss suffered by your business, claims made by third parties affected and for your business interruption in the event of a breach.
Personal Accident insurance is designed for companies (group cover) or individuals to provide coverage in the event of death or permanent/temporary disability due to injury or sickness.
There are a range of benefits that the coverage extends to provide, including but not limited to rehabilitation, corrective surgery, medical expenses and child support. Benefits are paid by either lump sum or weekly throughout the benefit period for prolonged sickness or injury.
This coverage is particularly important where:
Journey Insurance provides cover in the event that you are injured on your commute to and from work. This is a typical exclusion to many workers compensation policies, which would leave majority of employees uninsured and left to mange expenses should they be unable to work for an extended period of time.
Corporate Travel Insurance
Corporate Travel Insurance is an annual policy covering all staff and directors of a company for business travel. Cover will also respond to leisure trips taken by directors and business owners as well as associated leisure travel for employees of the business.
Cover also extends to any employees spouse and dependent children.
You can apply to have your IICT Insurance Policy extended to include your business entity. Contact BMS on 1800 290 981 (Aus) / 0800 999 267 (NZ) or email email@example.com to find out more about business entity insurance and apply for cover.
This will act as an extension to your IICT policy to protect your business in the event the entity is named in an action.
Download an application form from the relevant product page on this site; once completed, send through to BMS to obtain a quote. If you can not locate an application or would like to discuss in more detail, please contact BMS at firstname.lastname@example.org or on 1800 290 981 (Aus) / 0800 999 267 (NZ).