Over the years, there has been an increased number of Healthcare Associations and Not for Profit Organisations set up to meet the needs of the community. However, despite robust Risk Management protocols and their good intentions, many of these organisations and their officers increasingly find themselves at risk of expensive litigation arising from the provision of their services.

PSC Mediprotect offers specialised Healthcare Association Liability policies specifically designed to protect both the assets of the Association or Organisation itself, and its officers. This provides crucial “Entity Cover”, ensuring the association and its officers are fully protected if it is named in a claim due to a wrongful act, allowing you to focus on delivering vital services to your members and the public.

 

What is a Healthcare Association Liability policy?

With the increased cost and frequency of litigation, organisations, associations, and their officers cannot afford to operate without the protection of correct and suitable cover in place. A Healthcare Association Liability policy acts as a vital safety net. While the core of your organisation is to help others, it is crucial that you protect your association too. This policy ensures that your association, its officers, and its volunteers are safeguarded against expensive litigation, giving you the peace of mind to continue your operations without the worry of unforeseen events disrupting your business.

Exposures and risks

Many Healthcare Associations and their officers frequently find themselves at risk of expensive litigation. Claims can arise from a wide range of exposures, including alleged wrongful acts by a director, employment disputes such as wrongful dismissal, discrimination, or workplace harassment, or even breaches of Occupational Health and Safety legislation. Without adequate protection, both the entity itself and the individual board members could face devastating financial consequences resulting from fines, penalties, and defence costs.

Need more information? Call us on 1800 177 163.

What does a PSC Mediprotect Association Liability policy cover?

The policies we place provides comprehensive cover designed around the unique risks of healthcare associations and Not for Profit organisations. At PSC Mediprotect, we help tailor your policy to ensure it meets your specific operational requirements.

Healthcare Association Liability Insurance policies cover a number of options and automatic features including:

  • Entity Cover
    Protection for claims that may arise where the Association or Organisation’s entity is named because of a wrongful act committed by a person insured by the policy.
  • Directors & Officers (D&O) Cover
    Crucial protection against claims that might arise from a wrongful act committed by a Director or Officer of the organisation while performing their role.
  • Professional Indemnity Cover
    Protection against claims that might arise from the provision of your services by your staff to your members or the public, including bodily injury and property damage.
  • Employment Practices Liability (EPL)
    Cover for claims arising from employment disputes, including discrimination, wrongful dismissal, workplace harassment, breach of contract, and failure to promote.
  • Fines & Penalties Cover
    Sublimited cover (to the extent permitted by law) for specific fines and penalties, such as breaches of the Privacy Act, Trade Practices Act, Corporations Act, or state OHS legislation.
  • Crime Cover
    Sublimited cover for any loss of money or property belonging to the organisation sustained by reason of any dishonest, fraudulent, or malicious act by an employee, volunteer, contractor or director.
  • Taxation Investigation Cover
    Sublimited cover to assist in meeting professional fees from accountants and tax agents in the event of receiving an ATO Notice regarding your liability to pay income tax, GST, or Sales Tax (to the extent permitted by law).