This is information about insurance for companies that offer disability support services, whether they are NDIS registered or not.
Insurance for NDIS Registered Care Companies
NDIS Audit Requirements
According to the NDIS Quality and Safeguards Commission, all registered NDIS providers that offer disability care service must have:
What is your annual income?
The example provided is for service providers who charge an hourly rate:
Your annual income is an estimate of how much you think you will earn in a year. This is used by the insurers to measure how much risk they are taking on and is common practice in the insurance industry.
You will need to think about:
1. What types of cover does an NDIS provider need?
- Public Liability,
- Professional Indemnity and
- Personal Accident cover
These are only recommendations and you should talk to a broker about your activities to see which covers would be appropriate for your organisation.