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Insurance for NDIS Sole Traders

Insurance for NDIS Sole Traders

Get an Insurance QuoteINSTANT QUOTE ONLINE

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

Insurance for NDIS Sole Traders

NDIS sole traders are service providers who are self-employed.

They 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.

Many service providers may have come from other industries like age care, cleaning and transport and are unsure as to how these new specific risks affect their existing business and what additional risk prevention measures need to be taken. 

What insurance is required by registered NDIS Sole Traders?

According to the NDIS Quality and Safeguards Commission, all NDIS registered service providers need:

  1. Professional Indemnity,
  2. Public Liability and
  3. Accident cover 

In accordance with the NDIS Practice Standards, all registered NDIS providers will need to provide evidence of current insurance cover when they undergo an NDIS Audit.

These insurances are required to demonstrate to your NDIS clients and stakeholders that your business is covered in the event of an incident and that you will be there even when things go wrong.

Since there is no one size that fits all, let an insurance expert advise you on how to protect yourself against disability-related business risks to ensure all the correct insurances are in place when you get audited. 

What insurance is required by Sole Traders who are not NDIS Registered?

If you are a sole trader and not NDIS registered, you still face the same risks that a registered provider does and would need the same insurance cover

Get your insurance cover instantly!

Our Sole Trader Insurance Partner is Biz Cover. 

Biz Cover provides NDIS service providers with instant insurance quotes that are immediately accessible to your business. No more lengthy documents and questionnaires, it’s a paperless experience.

Get an Insurance QuoteINSTANT QUOTE ONLINE

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

What kind of insurance is available to NDIS Sole Traders?

1. Professional Indemnity (Required by NDIS)

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. 

2. Public Liability (Required by NDIS) 

Protect your business against claims resulting from accidents or injuries that occur as a result of your business activities, as well as damage to property owned or controlled by someone else which also occurs as a result of your business activities. 

3. Accident Cover (Required by NDIS) 

As a sole trader, you are your most important asset! If an accident or serious illness forces you to stop working for an extended period, you would be without an income and also unable to pay your ongoing expenses and overheads.

Personal Accident insurance can provide levels of cover for loss of income if you are unable to work, permanently disabled or even pass away as a result of an unexpected injury or illness (even if it occurs outside of your employment).

Other optional business insurance cover like:

4. Property

If you own a building or any contents including desks, chairs, computers etc.

5. Cyber Risk

If you are collecting and disclosing personal information about NDIS participants, you are at risk.

Want to know more?

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

Get an Insurance QuoteINSTANT QUOTE ONLINE

You will need:
1. Your ABN
2. An estimate of your Annual Revenue (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.


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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