Insurance Solutions for Pharmacists
As a Pharmacist, you are at the frontline of Australia’s Healthcare system, and it’s absolutely key that you’re protected as best as you can be from the dangers and risks that you face in your profession. Pharmacist Professional Indemnity insurance helps you to protect yourself against those risks.
Why do I need Pharmacist Professional Indemnity Insurance?
Health Professionals Insurance can help. Our Pharmacist Professional Indemnity Insurance policy provides you with the coverage you need, at great competitive rates. Don’t just buy insurance – as a specialist medical industry insurance provider with over 15 years of experience, we have strong relationships with some of Australia’s most trusted insurers which has allowed us to create a unique policy that actually covers what you need.
Why should I get Pharmacist Professional Indemnity cover?
It is important to remember that the cover you receive as an employee heavily depends on the type of Pharmacist Professional Indemnity insurance your employer has, and their chosen provider. Talk to your employer about what you are actually covered for – you may find you are not afforded enough protection under your employer’s policy, and may not receive independent representation.
Holding your own Pharmacist Professional Indemnity Insurance policy ensures you are fully protected; and it has the extra feature of being attached to YOU personally, what you do and where you choose to work throughout your career in Pharmacy. Free yourself from one of life’s extra stresses by knowing that you’re fully covered, regardless of where you are working.
Always read the PDS to find out if this policy is right for you – and remember, we are healthcare industry insurance experts and always happy to answer your questions. Simply call 1800 177 163 and have a chat with us.
What does the Pharmacist Professional Indemnity policy cover?
The Pharmacist Professional Indemnity policy will cover you (the insured) for civil liability claims made against you for compensation, claimant costs and expenses resulting from your professional services. The policy also covers the legal costs for your defence at a hearing, coronial investigaiton or enquiry – this cover is limited to $100,000.
This policy will not pay for any penalty or fine imposed on you as a result of the hearing or enquiry.
Who can we provide cover for?
- Retail Pharmacists
- Locum Pharmacists
- Community Pharmacists
- Industrial Pharmacists
- Hospital Pharmacists
What activities do we provide cover for?
- General dispensing
- Compounding (subject to underwriting approval)
- Ear piercing
- Weight loss management
- General health programs
- Cholesterol testing
- Acupuncture / homeopathy
- Nursing services
- Vaccination and immunisation services
- Diabetes and asthma education
- Collection agency (banking, insurance etc.)
- Methadone dispensing
- Child nursing services
…and many more
Individual policy, superior cover, affordable cost: hpi online
We understand that to ensure peace of mind, health professionals need quality cover at an affordable rate. That is why our Pharmacist Professional Indemnity policy includes cover for:
- $20,000,000 limit (AHPRA Compliant)
- Civil liability wording, with a public and product liability extension
- Compensation for court attendance
- Continuous cover
- Extended reporting period
- Good samaritan acts
- $100,000 enquiry costs
- Joint venture liability
- Legal consultation
- $250,000 lost documents
- $25,000 public relations expenses
- Run-Off cover
- Spousal liability
- $250,000 statutory liability
In 2015, after 8 years with the same insurer, I chose to compare the market for my professional indemnity insurance and I’m glad I did. hpi online had an AHPRA compliant policy that saves me over $150 per year compared to what I was paying. I would definitely recommend them to my industry peers and colleagues.
The Professional Indemnity insurance policy I obtained through HPI Online not only met my legal and risk requirements, but came with terrific service and a great price. I’ll definitely be renewing my policy with them next year. Thanks guys!
I have used hpi online for my PI insurance for 3 years now. The team is friendly, they know their stuff and the price is fantastic. They make the whole process very simple.
The team at HPI online were very helpful and had the knowledge and understanding of what I provide and how I should be insured. They helped me with correctly insuring my newest scope of practice with ease and efficiency.
A nice easy process to get a competitive price on my indemnity insurance. No fuss and their policy ticked every box for my requirements.