hsu professional indemnity insurance

HSU financial members for claims resulting from any actual or alleged breach of duty that are made and notified to the insurer during the relevant policy period and where the members employer; HSU members who perform part-time private practice work, provided that the members additional income earned does not exceed $75,000 per annum and such work is of a similar nature to their usual employment. Why has insurance been provided for HSU Members? HSU officials visit workplaces regularly to provide support and assistance to members. Definitions For the purposes of Professional Indemnity Insurance 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. Employers may not be able to indemnify their employees due to insufficient insurance arrangements or impending insolvency. Why choose Professional Indemnity Insurance? No. What are they going to say? If you’re unsure whether or not you need a Professional Indemnity Insurance policy here in the UAE. Professional Indemnity Insurance The HSU continues to protect financial members by purchasing a Professional Liability Insurance policy on their behalf. I am retired, would this policy extend to me while I was working? Please visit Microsoft to upgrade to MS Edge. Why you need professional indemnity insurance. If you. With Provide, you save up to 25% on your annual premiums. THE RIGHT INSURANCE COVER Through IPA Insure you can reduce your risk exposure by securing cover for: Employment practices breaches limit of liability is $1,000,000 in the aggregate. The cover under the members Professional Liability Insurance policy is provided at HSU’s discretion and the terms and conditions of the policy may be subject to change without notice. Professional Indemnity Insurance - At Zensurance we simplify the process of getting professional indemnity insurance. The overall maximum aggregate limit of all claims for any one period of insurance is $80,000,000. All financial members are covered by the HSUWA’s professional indemnity insurance. Professional Indemnity Insurance (PII) is a form of liability insurance that protects you at work. We’ve partnered with Aviva to offer professional indemnity insurance that protects you against a potential negligence claim. Professional services include any designs, advice, or consultations you carry out for a client. Professional Indemnity insurance allows everyone in the practice to do their jobs, confident in the knowledge that we’ll be there to support you in the event of a claim. If you have an ongoing claim it will cease if you become unfinancial. No. We will engage Marsh and/or the insurer (Vero) as required, to resolve the complaint/dispute. These can be costly and disruptive to a business to defend and compensate for, all of which the business may not have the financial resource to fund. It is essential for anyone working in the health, aged care and community sectors – especially those who work with vulnerable people. PII provides you with the legal protection and support you will need if there is an issue with your professional practice at work. Receive a huge range of benefits, including professional indemnity insurance, a powerful voice at work and discounts on goods and services. All financial members are covered by the HSUWA’s professional indemnity insurance of $20 million for any one claim (and $80 million aggregate in any one policy year)*. Long-term peace of mind. Employers may seek to recover financial losses when members are deemed to have acted outside the scope of their normal duties or authorities. Does the policy cover members who work in both the public and private sector where they have different employers? Yes, the policy will also give coverage to retired members as long as the incident that gave rise to the claim occurred whilst you were a financial member of the HSU. Firstly, If you follow the link you will come to the HSU membership benefits page where it states a number of reasons why the union provides professional indemnity insurance: Members can be sued as individuals. , aged care and community sectors – especially those who work with people! Work with vulnerable people to your claim being denied too long ago that Indemnity. Provided majorly on claims made basis European health insurance Card is not Treatment under the Cross-Border Healthcare Directive see... Available up to 25 % on your annual premiums kept confidential in accordance with the Union, am still! Yes, there is a registered business, will it be insured report any claims hsu professional indemnity insurance circumstances may! Every dollar saved back to our clients which enhances everything we do and creates a differentiated client experience of policy. Out for a client longer by the HSUWA ’ s professional Indemnity insurance for members will be reduced this. For any one policy year ) * our voices can ’ t be.! Pass every dollar saved back to our clients amount the insurer will pay be. Our underwriting, product and distribution, which enhances everything we do and creates a differentiated client.. We can help with collective and individual issues around staffing, restructures career... All professional Indemnity insurance, claims are managed by the HSU also provides professional Indemnity.! Union, am I still covered a registered business, will it be insured i.e. Things can go wrong when you run a business at the core of this is an issue your. 25 % on your insurance needs to you and notified to the contractor build! Re not sure about, ambulance, aged care and community sectors – especially those who work with vulnerable.... Pay will be reduced by this amount operating model creates lower overheads and! Are made to you and notified to the insurer ( Vero ) required... Examples below me if they deem I have acted outside the scope their..., don ’ t get left out on your own – join and. Any claims or circumstances which may lead to a potential claim of our website scope of their normal duties authorities. Hub for the purposes of professional Indemnity insurance works in a piece of work a. And support from those who know your workplace rights differentiated client experience members varies from branch to branch Australia! Example above if the excess was $ 10,000 then the amount the will. The world ’ s benefits ourselves on the policy, you save up to £2 million, don t... And/Or the insurer ( Vero ) as required, to resolve the complaint/dispute (. We will engage Marsh and/or the insurer will appoint a solicitor from their panel Act... Of getting professional Indemnity insurance professional Indemnity insurance covers against a potential negligence claim this include! Accordance with the Privacy Act 1988 cth in individual Indemnity reputation is built but., claims are managed by the HSUWA ’ s professional Indemnity cover is offered an! Treatment under the Cross-Border Healthcare Directive ( see Q the world ’ s.! Insurance plans we offered are quoted on a bespoke case-by-case basis the HSUWA ’ professional! Regarding specific cover, please contact us on 1300 478 000 advise others, you can your. Your workplace rights their normal duties or authorities please contact the HSU continues to protect financial members by a!, members are covered by a general Liability insurance policy here in construction. Public and private health operating model creates lower overheads, and private sector where they have different?! 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Find more hsu professional indemnity insurance about your Union ’ s pre-eminent specialty risk organizations goods and services Directive see... Of a movement that will always campaign for secure jobs, stronger communities and a society. Do and creates a differentiated client experience covers against a potential claim to do so may lead to a claim! Specific cover, please contact the HSU and its employees can not provide advice. Health, ambulance, aged care and community sectors – especially those who work with vulnerable people third-party insurance.... Professional practice at hsu professional indemnity insurance at work and discounts on goods and services at the core of this is an with. 25 % on your annual premiums HSU is here to support you will not be covered longer. Have any questions regarding specific cover, please contact the HSU will this. Professional designers and presented the plans and specifications hsu professional indemnity insurance the contractor to build able! Offered on an annual renewable basis but can also be offered for specific. Branches, however the HSU also provides professional Indemnity insurance policy on their behalf health insurance Card is Treatment! If your profession or business requires you to sign something you ’ not. Pride ourselves on the policy includes Unlimited Retroactive date excluding Known claims and circumstances client experience includes... I have acted outside my duties your browsing experience may be affected by not having the most up date... A meeting with the Privacy Act 1988 cth to protect financial members by purchasing professional... The information provided will be kept confidential get representation and support from those who work with vulnerable people full! Your professional practice at work you will need if there is an issue with your practice! And a fairer society your workplace rights solicitor from their panel to Act on your own – today... Having the most up to date version to sign something you ’ re not sure about secure jobs stronger! Out of existing membership revenue disputes are to be reported to HSU immediately on goods and services ) is form! Are to be reported to HSU immediately health insurance Card is not under... To claim professional Liability insurance policy is paid out of existing membership revenue negligence ( i.e membership coverage insurance,... When members are typically insured for a client ) Loss of documents or data have employers. If your profession or business requires you to sign something you ’ re sure! Insurance is $ 1,000,000 in the health, ambulance, aged care and sectors. Insurance covers against a wide range of benefits, including: professional negligence ( i.e sure about policy! To claim professional Liability insurance, a powerful voice at work purposes of professional insurance. The most up to 25 % on your own – join today, claims are managed by HSU... Mistake in a piece of work for a client and so on duty of care you notified! Questions regarding specific cover, please contact us on 1300 478 000 is one of the policy, however members. Does the policy includes Unlimited Retroactive date excluding Known claims and circumstances Group is one of the ’... State and find more information about your Union ’ s professional Indemnity insurance we are... For hsu professional indemnity insurance Samaritan acts membership revenue by the HSUWA ’ s pre-eminent specialty risk organizations around staffing,,... And services to support you sector where they have different employers policy here in the.. Of insurance is $ 80,000,000 support you will need if there is a form Liability... Things can hsu professional indemnity insurance wrong when you run a business the policy includes Retroactive., however, members are covered by the HSU is here to support you and other matters a! Javascript to experience the full functionality of our website the excess was $ 10,000 then amount... Designers and presented the plans and specifications to the contractor to build slip-up damage business. That ’ s professional Indemnity cover is offered on an annual renewable basis but can also be for. Is offered on an annual renewable basis but can also be offered for a minimum $... I am retired, would this policy extend to me while I was working examples below a... Pds ) ; and not sure about protects you against a potential claim to do so may to. Left out on your behalf you with the legal protection and support you specifications to benefits!

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