Insurance for Aged Care Workers | MyCareSpace

Insurance for Aged Care Workers

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Insurance for aged care worker with an elderly woman

INSTANT QUOTE ONLINE

You will need:
1. Your ABN
2. An estimate of your Yearly Income (How do I calculate this?)

What insurance do I need as an aged care worker?

With the introduction of the Home Care Package by the Australian government, more people over 65 can access affordable aged care services to get some help at home.

Aged care workers help keep our elderly well and independent, safe in their own home and interacting with their community

These carers need to be aware of the risks their job as an aged care worker presents and must take steps to reduce and manage these risks.

Whether the aged care worker is self-employed and working alone or part of a care organisation, they need to protect themselves against the risks they face each time they go to work.

Why do aged care workers need insurance?

Whether the aged care worker is self-employed and working alone or part of an aged care organisation, they need to protect themselves against the risks they face each time they go to work.

As an independent aged care worker, you take on a great deal of responsibility. You are often making decisions for and acting on behalf of the people you are caring for. Because of this, if something were to go wrong, you could be held liable.

At the very minimum, an aged carer should have Public Liability and Professional Indemnity insurance.

Additional cover like Personal Accident Insurance or even Motor Insurance is optional.

Consider this: 

You are having a hectic day with a huge amount of pressure and responsibility - perhaps there is usually a family member to help you, but today they are absent. By mistake, you give the wrong amount of medication to the aged person you are caring for. As a result, they need emergency medical care. This could result in a claim of negligence, malpractice or even professional misconduct. Professional Indemnity insurance can protect you against claims of professional misconduct.

Because you’re always in close contact with your clients, their families and members of the public, you are also exposed to the possibility of injuring someone or causing damage to their property.

Consider this: 

You place a wheelchair or crutches in such a way that someone falls over them and is injured. You could be held liable for the cost of compensation and any medical treatment they may require.

Public Liability insurance will protect you against such claims by covering your legal and defence costs, court attendance costs, medical costs of the person who was injured and compensation awarded to them.

Finally, if you have an ABN and are engaged by a family as an aged care worker, it is very likely that your engagement will depend on you having these necessary insurances.

INSTANT QUOTE ONLINE

You will need:
1. Your ABN
2. An estimate of your Yearly Income (How do I calculate this?)

What insurance do I need as a carer for the aged?

At the very minimum, an aged care worker should have Public Liability and Professional Indemnity insurance. Additional insurance like Personal Accident Insurance or Motor Insurance is optional.

 1. Professional Indemnity

Protects you against claims for alleged negligence or breach of duty arising from an act, error or omission in the performance of your duties.

 2. Public Liability

Even the most careful care workers run the risk of injuring someone or damaging something whilst performing their duties.  

When you are at work or out and about and a third party suffers an injury or property damage as a result of your negligence, your insurance cover protects you in the event of a claim.

3. Personal Accident (optional)

Personal accident cover or otherwise known as 'income protection' cover is especially relevant if you have no other form of income and are running your own small business. If you are ill or injured, personal accident cover will ensure you have an income to cover your running expenses until you are well again.  This is optional and you can ask your insurance agent more about this.

How can MyCareSpace help you?

MyCareSpace has partnered with BizCover to bring you insurance for aged care workers which is tailor-made for aged carers and at an affordable price.

We are able to offer this insurance solution to care workers instantly and it is accessible online or over the phone

No more lengthy documents and questionnaires, it’s a paperless experience.

INSTANT QUOTE ONLINE

You will need:
1. Your ABN
2. An estimate of your Yearly Income (How do I calculate this?)

Want to speak to an agent?

Call 02 8287 65 76 to speak to a Biz Cover agent to find out what cover is right for your business.

Disclaimer:
Please note that MyCareSpace does not offer insurance advice.  There is no one size fits all for insurance and your insurance agent will be able to ensure that you have the correct cover. 


MyCareSpace is a referral partner of BizCover Pty Ltd (ABN 68 127 707 975; AFSL No 501769). MyCareSpace earns a commission from BizCover when you purchase a business insurance policy through their website. BizCover provides dealing services, factual information and general financial product advice only in relation to business insurance on this and the following business insurance comparison pages. BizCover and acts as agent of the insurers in respect of the insurance products offered on the website and not as your agent. BizCover does not compare all business insurers or products in the market. Any advice provided on this and the following business insurance comparison pages is general advice only and does not take into account your objectives, financial situation or needs. Before acting on the advice, you should consider its appropriateness having regard to your objectives, financial situation and needs. Please read the relevant PDS or policy wording before you make a decision about whether to purchase a product. For more information about the above services and how BizCover and MyCareSpace are remunerated, please read BizCover’s Financial Services Guide.

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