What insurance do aged care provider companies need?
Whether you provide in-home aged care, short term respite, or long term residential care, your company faces real risks every day. A company providing aged care services should hold the following insurance cover as a minimum:
Professional Indemnity
Protects your company against claims for alleged negligence or breach of duty arising from an act, error or omission in the performance of one of your staff whilst performing their duties.
Public Liability
If a third party suffers an injury or property damage as a result of the negligence of your staff, your insurance cover protects you in the event of a claim.
Accident Cover
This may be Personal Accident cover or the state-based workers compensation program in your area (e.g. Workers Comp in NSW, WorkSafe in VIC).
Management Liability
Protects the company and its directors against the risks and exposures associated with running the business — including mismanagement, misconduct, legislative breaches, and employee fraud.
Get an instant quote — select your type of aged care business
Choose the option that best describes your organisation:
In-Home Care
Provision of aged care support workers to the elderly in their own home — helping with washing, dressing, medication management, and attending day centres.
Short Term Residential Care
Organisations offering respite care or short term accommodation where elderly clients stay for up to 3 months receiving support services.
Long Term Residential Care
Aged care companies offering accommodation to elderly clients who stay longer than 3 months — including nursing homes and residential aged care facilities.
Or call 02 8287 6576 to speak to a BizCover agent who can help you find the right cover for your business.
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Aged Care Companies Care offering In Home Care
This is the provision of age care support workers to the elderly. Support is provided to people in their own home to help them live as independently as possible. Help with things like washing and dressing and making sure clients take their medication on time or going to a day centre.
Aged Care Companies offering Short Term Residential Care
This age care provider insurance covers organisations that offer respite care or short term accommodation. Elderly clients stay for up to 3 months receiving support services.
Aged Care Companies offering Long Term Residential Care
This age care provider insurance is for age care companies that offer accommodation to elderly clients who stay longer than 3 months.
