The insurance scheme for members of the Australian Dispensing Opticians Association (ADOA) has been developed to provide a broad range of cover for practitioners nationally at a competitive price so that it is affordable to as wide a range of people as possible. Cover is underwritten with Professional Risk Underwriting and Lloyd’s of London.
- Medical Malpractice
- Public Liability
Medical Malpractice – $1 Million Cover
This section of the policy provides cover against amounts the insured person becomes legally liable to pay, subject to the sum insured, terms and conditions of the policy, for claims arising out of the provision of health care services which cause injury to a patient caused by a negligent act, error or omission e.g. you provide glasses to an optometrist and you inadvertently dispense the glasses without following the optometrist’s script resulting in a child wearing the glasses and suffering permanent damage.
Cover includes two reinstatements of cover and it also covers the cost of investigation and defence of any claim.
Public Liability – Choose Your Level of Cover
This section of the policy provides cover against amounts the insured becomes liable to pay to a third party subject to the sum insured, terms and conditions of the policy, for personal injury, loss or damage to property as a result of an occurrence happening in connection with the business e.g. an optometrist may be visiting your office or home-office and trip over equipment left lying on the floor and sustains an injury preventing him from working for 18 months. The claim for lost income will be covered under this policy.
Cover is available for $10 Million or $20 Million includes two reinstatements of cover. It also covers the cost of investigation and defence of any claim.
Do you Realise
You don’t have to have done something wrong for someone to take legal action against you. If they allege you have been negligent you can be faced with significant legal expenses in defending yourself. If the nature of the claims falls within the scope of the policy your legal expenses will be covered.
To make a direct inquiry visit the link below.
To view the full policy visit the link below and click on the Specialised Policies tab.