Insurance for psychologists – why it matters
You’d never approach your work with anything less than complete professionalism, careful analysis and attention to detail. But mistakes happen and in a profession built on advice, you always face the risk that a client blames you when things go wrong. Hiscox can put together a business insurance package that’s tailored to your industry and your specific needs, so you know you have a plan in place if anything goes wrong, whoever’s at fault.
Why psychologists need business insurance
Claims of malpractice
You know the road to recovery is often long and complex, but if someone feels that the advice you’ve given them has negatively impacted their mental wellbeing, they might try to take you to court. Even if you followed all the right protocols as a therapist, malpractice insurance helps to take the stress and financial load out of defending yourself.
You hold a lot of confidential information about your clients and you stick to the highest professional standards in keeping it safe. But what if an employee accidentally sends an email to the wrong person or you fall victim to a cyber attack? Data breaches are serious, so make sure you’re protected with both professional indemnity insurance and cyber cover.
Accidents at work
Sometimes what feels like a minor accident can lead to a major liability claim. You might spill a cup of coffee over a client’s high-spec laptop or someone could cause themselves an injury on your premises. Protecting yourself with public liability insurance means all legal and compensation costs of the claim are covered.
If you’re not sure what you need, tell us a little more about what you do. We’ll help you to build your quote and explore any other insurance needs.Build my cover
Key types of insurance for psychologists
These are just some of the types of business insurance for psychologists that we can offer. We can provide other specific types of cover and build them into a policy that’s tailored to the exact needs of your business.Get your quote