upcover launches tailored insurance product for nurses
Insurtech startup upcover today announces the launch of Professional Indemnity & Public Liability Insurance for the 350,000 nurses in Australia. The addition of Professional Indemnity & Public Liability Insurance For Nurses falls under upcover’s allied health cover banner and provides a comprehensive cover option for nurses (RN or EN), nurse practitioners, in-patient nurses, doulas, and nursing students.
Professional Indemnity & Public Liability Insurance For Nurses has been tailored for nurses requiring insurance with AHPRA. It covers nurses for activities including IV infusions, cosmetic injectables, bowel cleansing, and respite care services and events such as physical injury, error of judgment, trips, slips, & falls, negligence, defamation, bad professional advice, third party damage, and breaches of privacy health legislation (from a loss of client or patient medical history or personal information) and has limits up to $20m available.
Many nurses may be unaware that insurance offered by their union is often a safety net only. It is ‘umbrella’ insurance which only provides cover if nurses have another insurance policy – from either their employer, or if they are working independently their own policy – that doesn’t respond to a claim. Professional Indemnity & Public Liability Insurance For Nurses gives comprehensive insurance required for nursing union members umbrella insurance and will ensure nurses are covered when they need it most.
Professional Indemnity & Public Liability Insurance For Nurses has been tailored to suit both business sole trader, private company, and now, employees that are required to take out insurance by their employer. This is the first time upcover has offered a product directly to employees, meaning no ABN is required when purchasing. It means more nurses will be able to easily access the cover they need. The policy offers cover Australia wide, in-home or is suitable for nurses working full time, part time or as a freelancer and covers them whether they’re working remotely, providing telehealth services, or in an institution.
upcover CEO and Co-Founder Skye Theodorou said, “We’re thrilled to be launching a tailored product for nurses. upcover’s Allied Health product covers more than 300+ allied health occupations. A large portion of our customers fall into this category and we’re constantly looking for ways to offer helpful general advice for all occupations. Professional Indemnity & Public Liability Insurance For Nurses allows for a broader offering for our nursing customers and meets the requirements of the Nursing and Midwifery Board of Australia (NMBA).”
Professional Indemnity & Public Liability Insurance For Nurses starts from $381 per year with monthly payment options available.
Like all products of the upcover platform, Professional Indemnity & Public Liability Insurance For Nurses can be quoted online for customers in seconds via website.