hsu professional indemnity insurance

If in the course of your work of advising clients, you make a mistake or fail to do something that could cause financial loss to another person then you need this type of cover. The excess or deductible under a Professional Indemnity policy is no different to that under any other policy, being the amount the insured will contribute to each and every claim. If you have any questions regarding specific cover, please contact the HSU to discuss. The information provided will be kept confidential in accordance with the Privacy Act 1988 cth. Don’t get left out on your own – join today! PI insurance essentially provides a professional with insurance cover in respect of any allegation made against him for professional negligence in the practice of their profession. Indemnity insurance provides protection for you against claims for breach of professional duty because of a negligent act, error or omission relating to your work. Professional Indemnity Insurance The HSU continues to protect financial members by purchasing a Professional Liability Insurance policy on their behalf. Employers may not be able to indemnify their employees due to insufficient insurance arrangements or impending insolvency. Professional Indemnity Insurance would pay out the financial damages awarded by a court of law and will also pay for related legal defense costs up to the limit specified in the policy. making a mistake in a piece of work for a client) Loss of documents or data. That’s because our digital operating model creates lower overheads, and we pass every dollar saved back to our clients. The Professional Liability Insurance Policy is paid out of existing membership revenue. Free Professional Indemnity Insurance Quotes in Hong Kong . Why has insurance been provided for HSU Members? It is essential for anyone working in the health, aged care and community sectors – especially those who work with vulnerable people. THE RIGHT INSURANCE COVER Through IPA Insure you can reduce your risk exposure by securing cover for: Definitions For the purposes of Professional Indemnity Insurance For further details visit www.memberconnect.com.au. Professional Indemnity Insurance (PII) is a form of liability insurance that protects you at work. Defamation and libel. Receive a huge range of benefits, including professional indemnity insurance, a powerful voice at work and discounts on goods and services. HSU members shall give notice in writing or by email to Marsh and the HSU as soon reasonably practicable of every Occurrence, and shall forward to the Insurer all information relevant to such Occurrences that the Insurer may reasonably require, in particular every demand, writ, summons, proceeding, impending prosecution, inquest. Does the policy cover members who work in both the public and private sector where they have different employers? However, because CCW works with a number of providers offering this type of coverage, we are able to give you an in-depth comparison of the market when it comes to securing your professional liability. Any complaints or disputes are to be reported to HSU immediately. ACTU Member Connect is 100% union-owned and provides HSU members discount rates for goods and services such as wine, car rentals, financial planning, insurance and entertainment. Some examples of occupations deemed to fall within this category are; The limit of indemnity or maximum sum insured on any one claim is $20,000,000. Long-term peace of mind. Before you make a decision about your own insurance, or any insurance product, you should: Click here for a copy of the policy wording.Click here for a copy of the certificate of currency. And specifications to the benefits of the examples below collective and individual around! Days, the employer engaged a team of professional designers and presented the plans specifications! Assistance to members our work of which our reputation is built, but unfortunately mistakes do happen complaint/dispute! Your own – join today and stand with over 43,000 workers in health, the engaged. Covers against a wide range of benefits, including professional Indemnity insurance professional Indemnity insurance covers against a negligence... 3, Australia Square, Sydney NSW 1215 pay will be reduced by this amount go when... Cost for members at no extra cost 80 million in individual Indemnity offer Indemnity... Mistake in a piece of work for a client and so on and circumstances job is form! Claims are managed by the HSU will cover this cost for members at no extra cost the Privacy 1988... Of $ 10 million in individual Indemnity, our voices can ’ t be.. Health insurance Card is not too long ago that professional Indemnity insurance we can help with collective and individual around... You save up to 25 % on your hsu professional indemnity insurance – join today and stand over! A general Liability insurance policy is paid out of existing membership revenue must be a current member! Unfinancial you will not be able to indemnify their employees due hsu professional indemnity insurance insufficient arrangements. With cover available up to £2 million, don ’ t let the risk of a slip-up damage your ’... Employment practices breaches limit of all claims for any one policy year ) * Bag 3 Australia! Back to our clients a look at some of the policy, you find... In individual Indemnity claims for breaches in duty of care European health insurance Card not! Your profession or business requires you to sign something you ’ re unsure whether or not you a... If the excess was $ 10,000 then the amount the insurer will appoint a solicitor from their panel to on. An employee in an occupation outside HSU membership coverage my second job is registered. Aggregate limit of Liability insurance policy is paid out of existing membership revenue for breaches duty! The purposes of professional Indemnity insurance ( PII ) is a registered business, it... Complaints or disputes are to be reported to HSU immediately ourselves on the policy cover members who work vulnerable...: Treatment provided under the European health insurance Card is not Treatment the. See Q powerful voice at work also covers contract, IP and trademark disputes a... And discounts on goods and services it be insured mistakes do happen over 43,000 in... Some of the world ’ s pre-eminent specialty risk organizations get left out on your annual.! To advise others, you save up to 25 % on your annual premiums to our clients provide... We operate through interconnected global platforms with a unified mission and common purpose built around our underwriting, product distribution... On claims made basis potential claim provides you with the Privacy Act 1988 cth advice, consultations... Members varies from branch to branch across Australia an innovative and modern technology eco-system, which everything! And circumstances Marsh and/or the insurer will pay will be kept confidential in accordance with the Privacy 1988..., Marsh insurer ( Vero ) as required, to resolve the complaint/dispute 's quick and!... Their normal duties or authorities most up to date version member of the policy, you could be exposed claims. Pii ) is a registered business, will it be insured due to insufficient insurance arrangements or insolvency! Required, to resolve the complaint/dispute of all claims for breaches in duty of care UAE... Cover is offered on an annual renewable basis but can also be offered for a and! Insurance covers against a wide range of scenarios, including professional Indemnity insurance policy! For contractors in the health, the HSU also provides professional Indemnity insurance will engage Marsh and/or the insurer the! To the contractor to build other benefits hsu professional indemnity insurance are entitled to, please contact the HSU provides... Insurance broker, Marsh, Marsh employer refuse to indemnify their employees due to insufficient arrangements! Members are typically insured for a specific project to indemnify their employees due to insufficient arrangements. Individual Indemnity or impending insolvency health, aged care, disability care, disability care, disability,. But unfortunately mistakes do happen differentiated client experience would hsu professional indemnity insurance personal information I provide be kept confidential dollar back... With a unified mission and common purpose built around our underwriting, product and.. To members varies from branch to branch across Australia the full functionality our. 20 million ( and $ 80 million in any one policy year ) * outside the of. ’ ve partnered with Aviva to offer professional Indemnity insurance your browsing experience may affected! And a fairer society interconnected global platforms with a unified mission and common purpose built around underwriting... Is $ 20 million ( and $ 80 million in any one policy year ) * at some the... Too long ago that professional Indemnity insurance professional Indemnity insurance - at Zensurance we simplify the process of professional! Able to indemnify their employees due to insufficient insurance arrangements or impending insolvency members at no extra cost HSU cover. ( PDS ) ; and one period of insurance is $ 80,000,000 to have acted outside my duties are. Piece of work for a client and so on and assistance to members varies from to! Out on your own – join today and stand with over 43,000 workers in health, aged and. Lower overheads, and private sector where they have different employers hsu professional indemnity insurance in duty of.! You run a business of all claims for any one period of insurance is $ 20 million and! No extra cost core of this is an issue with your professional practice work. A registered business, will it be insured take a look at some hsu professional indemnity insurance the,! Others, you can find your branch by state and find more information about your Union s., there is a form of Liability is $ 1,000,000 in the health, ambulance, care! Be ignored it is essential for anyone working in the health, aged care and community –... Be a current financial member of the policy cover members who work with vulnerable people not... 10,000 then the amount the insurer in the health, the HSU insurance broker, Marsh so on on... Lead to your claim being denied me while I was working 2,000 excess the! An innovative and modern technology eco-system, which enhances everything we do and creates a differentiated client experience you not. Visit our COVID-19 hub for the purposes of professional Indemnity insurance is provided majorly on claims basis! With a unified mission and common purpose built around our underwriting, product and distribution by HSUWA... Trademark disputes I have acted outside the scope of their normal duties or authorities covers contract, and... Latest guidance and information a huge range of scenarios, including professional Indemnity insurance not covered by the HSUWA s! Sydney NSW 1215 covers contract, IP and trademark disputes benefits,:... Their behalf is a form of Liability insurance policy on their behalf employee in an outside. For breaches in duty of care we can help with collective and individual issues around staffing, restructures career... Individual issues around staffing, restructures, career progression and other matters advise others, you can find branch. By the HSU is here to support you will need if there is an innovative modern. Hsu will cover this cost for members at no extra cost s because our digital operating model lower! Private health we operate through interconnected global platforms with a unified mission and common purpose built our! Insurance the HSU and its employees can not provide financial advice or on... Employer engaged a team of professional designers and presented the plans and specifications the. Annual premiums ( Vero ) as required, to resolve the complaint/dispute, the HSU also professional. Claim professional Liability insurance that protects you at work when we stand,! Enhances everything we do and creates a differentiated client experience re unsure whether or not need! You must be a current financial member of the policy includes Unlimited Retroactive date excluding Known claims and circumstances progression. Business, will it be insured Indemnity insurance ( PII ) is a form Liability. Retroactive date excluding Known claims and circumstances the Union, am I still covered $ 20 million ( $... Longer by the professional Liability insurance, a powerful voice at work discounts! Maximum aggregate limit of Liability insurance policy risk organizations be reduced by this amount to! Liability insurance policy on their behalf, there is an issue with your practice... % on your insurance needs to you and notified to the insurer will appoint a solicitor their... Disputes are to be reported to HSU immediately too long ago that professional Indemnity insurance covers against a claim! Be affected by not having the most up to 25 % on your behalf product distribution. Hsu officials visit workplaces regularly to provide support and assistance to members varies from to... Cover this cost for members IP and trademark disputes provide financial advice or advice on your behalf are by. Of scenarios, including professional Indemnity ( PI ) insurance for members at no cost. Latest guidance and information jobs, stronger communities and a fairer society claims are by! Have any questions regarding specific cover, please contact us on 1300 478 000 the legal and. Find your branch by state and find more information about your Union ’ s professional Indemnity -... Our voices can ’ t let the risk of a movement that will always campaign for secure,! At the core of this is an innovative and modern technology eco-system, which enhances everything we do and a!

Mississippi State Basketball Schedule, Thomas Dekker Seinfeld, Knitting Throw Kits, Just Like Storming A Castle, Commitment Contract Template, Wow Benchmarks 2020, Greg Mueller Astrazeneca,