Why do nurses need insurance?

Looking after your patients is rewarding, but it can also create risks. Ensuring you have the right insurance is an important part of protecting yourself from potentially damaging medical malpractice allegations, compensation claims, and the financial fallout of cyberattacks.

Does an employers’ insurance cover nurses?

Though many nurses are covered by their employer’s insurance, this is not always be the case. You may need to arrange your own insurance policies to protect yourself whilst you are working.

Types of nurses we cover:

• Cosmetic Nurses
• Enrolled Nurses
• Mental Health Nurses
• Nurse Practitioner
• Practice Nurses
• Registered Nurses
• Rural Nurses

What types of insurance do nurses need?

Professional Indemnity insurance

It only takes one unfortunate mistake to disrupt your career or possibly drain your assets. Professional Indemnity insurance* may come in handy in the event of negligence claims, whether you’re working full-time or part-time, as an independent contractor, or volunteering your medical services at events or to local groups.

Public Liability insurance

Buying a Public Liability insurance* policy is an easy choice for many nurses, considering how closely they work with patients in a variety of settings (e.g., in a client’s home or aged care facility). If your actions result in an accidental injury or property damage to a member of the public, this insurance may help you cover the costs of setting things right.

Cyber Liability insurance

If you collect and store information about your patients, consider the consequences if that data were to be compromised. Cyber Liability insurance* could help you cover unplanned expenses related to cyberattacks, data loss, and more.

How much does insurance cost for nurses?

BizCover helped over 2,400 nurses get covered in 2023. Over 81% of nurses paid less than $86 per month on average for their insurance with us^†.

However, nursing insurance premiums can vary. Insurers consider many factors when calculating the price of your insurance, like the medical services you provide or the amount of cover you choose.

With just a few clicks or a single phone call you can get covered instantly with BizCover, so the only thing you need to worry about is taking good care of your patients.