Insurance for NDIS Service Providers | MyCareSpace

Insurance for NDIS Service Providers

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Insurance for ndis providers

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NDIS Audit Requirements

Insurance requirements for NDIS Registered Service Providers

As a registered NDIS Service Provider, you are required to have insurance cover as part of your NDIS Audit requirements.

NDIS service providers may be newly formed businesses or have been delivering services for years. Either way, as an NDIS  registered provider, they now face new business risks arising from delivering services within the disability industry. They will be signing new NDIS service agreements and handling the personal information of NDIS participants.

What type of insurances are required for an NDIS AUdit?

1. Professional Indemnity

Covers you against legal claims for actions arising from the performance of your duties. E.g. giving advice (counselling), respite/health care, education and advice on the installation of home modifications and maintenance. Did you know? Under the NDIS Terms of Business for Registered Providers, participants are required to maintain an adequate level of insurance including Public Liability insurance and Professional Indemnity insurance.

2. Public Liability

If third parties suffer an injury or property damage as a result of your negligence, Biz Cover help ensure that you are protected in the event of a claim.

3. Personal Accident

Optional insurance include:

  • Property 
    If you own a building or any contents including desks, chairs, computers etc.
  • Cyber Risk
    If you are collecting and disclosing personal information about NDIS participants, you are at risk.

  • Motor Insurance (or similar)
    If your organisation owns or leases motor vehicles, trailers or caravans for work or has volunteers who use a vehicle not owned by your organisation (e.g. their own car, car hire vehicle) for your work.

These solutions are accessible instantly online and over the phone. No more lengthy documents and questionnaires, it’s a paperless experience.

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or have a BizCover agent guide you through the quote process over the phone. 

 

 

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