You’ve dedicated your life to helping others and stake your livelihood on providing medical services to alleviate pain and heal people. Don’t let a single error set back your career or become a threat to your healthcare practice. 

As a professional in the healthcare and wellness industry, insurance risk coverages you should consider while operating a business include:

You care for your patients and do your best to help them heal. But everyone is human, and errors do occur. From the treatments you provide to the medication dosages you prescribe, and the medical advice you give, your medical business is in good hands with professional liability insurance (or malpractice insurance). Perform your services and treat your patients with peace of mind knowing you could be covered in the event of a lawsuit.

Learn more about professional liability insurance

Your patients are more than just an income source for you. They’re people and you stake your professional reputation on your work to make sure they’re healthy. However, certain scenarios are beyond your control and mistakes do happen to even the most qualified medical practitioners.

If a piece of medical equipment wasn’t properly sterilized or breaks down while being used, you could be covered in the event of a lawsuit against your practice. This also applies to unexpected allergic reactions to a treatment.

Another scenario a medical practitioner could encounter is if an employee, such as a nurse or a hygienist, makes a mistake or behaves recklessly.

With the right insurance, you’ll get peace of mind knowing you and your business are protected.

No matter if your business operates out of an office, a clinic, a medical laboratory or a rehab centre, commercial property insurance can provide coverage in the event of property losses. This can include scenarios such as theft, damage to medical tools and medical equipment needing immediate repairs or replacement. 

Learn more about commercial property insurance

Working towards someone's wellbeing doesn't prevent accidents from happening. And when they do, you need protection against claims for injuring someone or damaging their property. If the incident is a result of your medical business’ premises, products or operations, you’ll have the insurance protection you need.

Learn more about commercial general liability insurance

Your patients don’t just trust your medical expertise. They have faith in your confidentiality as well. With access to sensitive information, your medical business is a ripe target for identity thieves. In the event of a data breach where your client lists, medical records or other sensitive data is compromised, we can help you get back to business as smoothly as possible with coverage for legal fees, any costs incurred while notifying your clients and potential losses in revenue.

Learn more about commercial privacy breach coverage

Healthcare professional insurance isn’t just for doctors and nurses. If you practice any one of these medical professions, you need to consider investing in the right coverage:

• Audiologist
• Chiropractor
• Dentist or dental surgeon
• Dietician
• Dental hygienist
• Optometrist
• Ophthalmologist
• Optician
• Psychologist
• Counsellor or life coach
• Massage therapist
• Mental health therapist
• Nutritionist
• Occupational therapist
• Physiotherapist
• Pharmacist
• Speech therapist
• Registered nurse

Please note that this list is not exhaustive. Talk to a broker today to see what other coverages your health and wellness business needs.