Insurance for NDIS Plan Managers
We cover off everything you need to know about Insurance for NDIS Plan Managers
Insurance for NDIS Plan Managers
NDIS Insurance for Providers including Professional Indemnity & Public Liability Insurance
Insurance for NDIS Plan Managers Matters
NDIS plan managers hold a crucial responsibility in ensuring the safety and care of participants while navigating the complexities of managing funds and support plans. Having the right insurance in place is essential to safeguard your business from potential financial and legal risks.
What Does Public Liability Insurance Cover?
Public liability insurance is important for NDIS plan managers to protect against claims involving third-party injuries or property damage during their business activities.
What's standardly excluded under Public Liability Insurance?
Events that occur outside of your policy dates
Sexual Abuse (optional cover)
Injuries to your employees
Asbestos and Pollution Liability
Damages caused by your motor vehicles
Intentional and deliberate acts
Professional Advice and Recommendations
Claims where you have assumed Liability
What Does Professional Indemnity Insurance cover for NDIS Plan Managers?
Professional indemnity insurance is vital for NDIS plan managers as it offers protection against claims stemming from errors, omissions, or negligence in managing participant plans. This coverage helps safeguard plan managers from financial losses arising from allegations that their actions or advice resulted in harm or mishandling of funds. It includes protection against breaches of duty, such as failing to meet professional obligations or standards, and covers legal costs associated with defending against such claims, including settlements and compensation. By ensuring that plan managers are adequately protected, professional indemnity insurance reinforces trust with participants and mitigates risks, allowing them to focus on delivering effective and reliable services within the NDIS framework.
How Morgan Insurance Brokers can help your NDIS Plan Management Business
Morgan Insurance Brokers specialise in the NDIS sector, understanding the unique challenges faced by plan managers as well as the broader risks that NDIS businesses encounter. Unlike comparison websites, we offer a full-service insurance brokerage, taking a comprehensive and tailored approach to your needs.
