Tailored physiotherapy insurance for your practice. Maximum coverage, minimum cost.
As a physiotherapist, your patients trust you to deliver proper medical treatment that will heal them. However, if your treatments or advice inadvertently ends up harming your patients, you can face serious professional liability lawsuits. WIth Provide, you can tailor a policy that protects you, your employees, your patients, and the premises/equipment you use.
Professional indemnity insurance: Coverage if you are sued for causing injuries to clients as a result of your physiotherapy treatments.
For instance, you treat a client for sprains. After multiple sessions, the client claims your treatment worsened their injury. They file a personal injury lawsuit for $100,000 against you. This insurance will pay for your lawyer’s fees, and any damages awarded by the court.
Public liability insurance: Coverage if you are found guilty of libel or slander.
For instance, you make verbal claims (slander) and written claims (libel) about a competitor’s services that are later found to be untrue, resulting in you being sued.
Work injury insurance: Coverage for mistakes that occurred before you bought Professional Indemnity Insurance.
Professional Indemnity Insurance is usually structured on a “Claims Made” basis. This means that even if your claimable event occurred several years ago, as long as you file a claim while your current policy is active, you will be protected. You must have held uninterrupted Professional Indemnity coverage for this retroactive protection to apply.
Office property insurance: Coverage for risks like fire, water leaks, damage to computers, etc.
For instance, you run a construction company and subcontract work to electricians. They do a poor job of wiring your client’s property, causing damage and injuries. Both your subcontractor and your company are sued.
Being sued by clients for injuries as a result of your physiotherapy treatments. Such lawsuits can easily cost you hundreds of thousands of dollars, and could lead to bankruptcy if not properly insured against.