Why do Psychologists need it?

Just as you’ve spent countless hours nurturing your clients, you need to nurture your business too. Having the right insurance is an essential part of protecting your business and your livelihood against damaging allegations. With just a few clicks or a single phone call, you can compare quotes from leading insurers. Simply select your preferred policy and you’ll be covered instantly, so the only thing you’ll to worry about is your clients.

Did you Know?

It is mandatory for all registered psychologists to hold and maintain Professional Indemnity insurance with a minimum of $2 million cover for any one claim.
The requirements for individual PI insurance arrangements also state that cover must include:

  1. Civil liability cover that is sufficient to cover the psychologist’s practice, with at least one automatic reinstatement
  2. Unlimited retroactive cover, or the equivalent, and
  3. Run-off cover for at least seven years

For more information contact the Psychology Board of Australia.

Insurance for Psychologists

Professional Indemnity*

Psychologists have a tremendous amount of professional liability exposure. It only takes one unhappy client to disrupt your career and drain your assets if something does go wrong. Even if you’re not at fault, you’ll still need legal assistance to deal with claims whether legitimate or illegitimate.

Thankfully, Professional Indemnity insurance is there to give you peace of mind if you do face legal action as a result of your work. It covers your legal and defence costs, court costs, and compensation awarded to your client. It even covers PR costs should you need to defend your reputation.

Public Liability Insurance*

Considering you work closely with your clients; Public Liability insurance is an easy choice. for psychologists. It provides protection for you and your business in the event a client, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.

Accidents can and do happen- something as simple as a client tripping over at your premises, or you damaging a client’s property – could result in a costly public liability claim.

Business Insurance*

Your clients are your most important assets, but where would you be without your business assets? Without the right cover, you could be hit with a few unwanted challenges that could leave you reaching deep into your pockets. Consider cover for your contents, stock and premises to protect against fire, storm, theft, vandalism and accidental damage.
Business Interruption cover will ensure you get back on your feet in no time if your business is out of action due to an insurable event.

Cyber Liability*

Consider the client data you are storing and the consequences if it were to be compromised. Protect your business against the expense and legal costs associated if your network is hacked and your client’s sensitive information is stolen.


*As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.

Common causes of claim

  • Negligence in rendering professional services, such as:
    • misdiagnosis of mental conditions or disorders
    • providing incorrect psychological programs
    • inadequately supervising patients
  • Allegations of professional misconduct
  • Breaches of confidentiality
  • Mistakes and oversights

Quick and easy. Went through 5 other companies prior, some of whom did not have the facility to email the quote. Crazy in this day and age. Some were incredibly expensive for the same thing

Saffir L
Allied Health

Thanks guys for such a quick and easy transaction… Awesome…5 Star all the way!

Tracy V
Allied Health

Excellent, easy, simple and low cost!

Thidarat S
Allied Health

Straight to the point, easy to use system, definite thumbs up!

Saika S
Allied Health

Very efficient and good service. No issues whatsoever. My renewal of my insurance cover was quick and easy. I appreciated that I got email reminders to let me know it was expiring.

John B
Allied Health

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