NDIS Audit Requirements
Why does an NDIS service provider need Insurance?
Whether you have just served your first NDIS customer or have been in business for many years, you have put a great deal of time and effort into building your NDIS business. Don't risk losing it all by not protecting your assets from unexpected events.
The NDIS Quality and Safeguards Commission requires all registered NDIS providers to hold:
- Professional Indemnity Insurance
- Public Liability Insurance
- Personal Accident Insurance
However, these insurances do not cover your business assets from unexpected events like fire, theft, or storm damage. That's where Business Insurance comes in.
Insurance for NDIS nurses and support workers
Work with NDIS participants under your own ABN? Whether you provide clinical nursing or disability support, make sure your insurance matches the work you actually do.
Nurses should ask about professional indemnity cover that reflects their full clinical scope of practice.
Support workers and independent providers should consider cover for the risks in their services, including professional indemnity and public liability where appropriate. If you work in participants' homes or the community, public liability can also be important.
If you are self-employed, a contractor or operate your own business, do not assume another organisation's insurance covers you. Employees may be covered through their employer, but should check that the arrangement applies to their role and work setting.
You can read more about the NDIS and delivering nursing services and the insurance you need by reading our resource: Insurance for NDIS Nurses
We also have information for NDIS Support Workers, explaining why insurance is important and how much it will cost an NDIS support worker: Insurance for Disability Support Workers.
Ready to get insurance cover for nursing or disability support work?
It's quick and easy, you can be covered in under 5 minutes:
GET AN NDIS NURSE INSURANCE QUOTE →
GET AN NDIS SUPPORT WORKER INSURANCE QUOTE →
Have your ABN and estimated annual income ready. Need help? Call BizCover on 02 8287 6576.
What Additional Insurance should an NDIS provider get?
Business Insurance for NDIS Providers
All NDIS Providers must have Public Liability and Professional Indemnity insurance, but this is often not enough.
If you are a provider that has premises where you deliver your NDIS services (like Specialist Disability Acommodation (SDA) or a day program held at your premises) you should protect the 'bricks and mortar' you depend on to deliver your services. This is called Business Insurance.
Find out more about Business Insurance →
Covers your premises and business contents against loss, damage or theft from fire, storm, malicious damage and other defined events. |
Covers loss or damage to portable and valuable possessions, including laptops, mobile phones and other business equipment. |
Covers financial loss resulting from an insured interruption to your business operations — so you can keep trading while you recover. |
Management Liability Insurance
What about protecting your key personnel?
NDIS Providers should also consider Management Liability Insurance — protection for the company and the people who manage it (directors and senior managers) against the risks of running the business.
It covers: allegations of misconduct, legislative breaches, statutory fines and penalties, defamation, OH&S issues, unfair dismissal, sexual harassment, and employee theft and fraud.
Find out more about Management Liability Insurance →
How do I get Insurance for my NDIS business?
Call 02 8287 6576 to speak to a BizCover agent, or get a quote online instantly.
*As with any insurance, cover is subject to the terms, conditions and exclusions contained in your policy document. The information on this page is general only and should not be relied upon as advice.
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