For aged care providers across Perth, Sydney, Melbourne, Brisbane, and Canberra, having the right insurance is essential to manage the sensitive nature of their operations. Facilities must protect both their residents and assets, and BAU Risk’s Aged Care Insurance addresses industry-specific risks, including property damage, liability claims, and business interruptions. With this comprehensive coverage, aged care providers can focus on delivering quality care without worrying about financial setbacks from unforeseen events.
Research by BAU Risk has established that the aged care sector reported over $400 million in property damage losses in the past year, emphasizing the critical need for comprehensive insurance coverage.
In addition, the Aged Care Quality and Safety Commission notes that aged care facilities face an average of $70,000 per year in liability claims, highlighting the importance of robust insurance plans.
Aged Care Insurance from BAU Risk includes extensive protections to support facility operations. Property insurance secures essential assets, equipment, and building infrastructure against potential damages or losses. Public liability insurance manages third-party injury claims, which are crucial in high-traffic environments where resident safety is a priority. Business interruption insurance provides financial support if operations are paused, ensuring continuity of care. Furthermore, professional indemnity insurance safeguards against claims of negligence, vital for preserving trust within the community. For businesses with staff, workers’ compensation insurance covers employee injuries, while management liability insurance protects facility leaders from potential legal and financial repercussions.
For tailored insurance solutions supporting the aged care sector, you can Request a Callback or Contact Us directly.
Protects assets and equipment from damage or loss.
Covers third-party injury or property damage claims.
Provides financial support during periods when operations are disrupted.
Provides protection against claims of negligence or errors in professional services.
Covers medical expenses and lost wages for employees injured on the job.
Offers protection against claims related to management decisions and actions.
By investing in Aged Care Insurance, companies can ensure they are protected against various risks, allowing them to operate smoothly and efficiently.
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Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.