Insurance for Optometrists Get a quote Get a quote 1800 805 191
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Why do Optometrists need insurance? 

As an Optometrist, you have studied many years to develop a very specialist skill in the health profession. Diagnosing and treating eye disorders and vision problems, you provide products such as glasses and contact lenses, as well as offering expert advice on eye care and treatments.

Delivering such a vital service centred around expert advice and the provision of specialist products does come with its share of risks and it is important that you protect yourself and your business. Although you want the best outcome for your customers, you may be faced with a situation where someone is not happy with the professional service you have given them and even claims that you caused their condition to get worse and, in some cases, may take legal action against you. These situations are rare but need to be planned for.

Professional Indemnity insurance arranged by Aon is designed to meet the requirements outlined by the Optometry Board of Australia and to protect you if something goes wrong while you’re treating a patient. It includes cover against a wide range of risks like claims of professional negligence.1
 

Why Aon?

Optometrists Insurance. Easy.


Easy to Understand

  • Easy to digest information about what insurances your business needs
  • Complete our online form, or it's an easy call to one of our experienced, friendly brokers on 1800 805 191

Easy to Buy

  • Quick quotes
  • Options available to pay monthly

Easy to Manage

  • Adjust your policy anytime you require, with a quick call
  • Request certificates of insurance quickly and easily
  • Aon can assist you in filing complex claims

Why choose Aon for Optometrists insurance?

When it comes to insurance for Optometrists, there are a few options available to you, and deciding which ones you need might not be easy. Aon is committed to making life easier for you by arranging insurance that’s easy to understand, buy and manage. Our team of friendly experienced brokers are a phone call away to help you understand what insurances you may or may not need, but more importantly, why; helping give you confidence that you’re making a better decision for you and your business.

What insurance do Optometrists need?

Professional Indemnity
This provides cover in the event a third party alleges that you have been negligent in performing your services or giving advice, and as a result, they have suffered injury or financial loss. For example, a client may allege that your advice had a negative impact on their health and take legal action against you. Professional Indemnity insurance may cover the cost of legal representation, as well as compensation you’re required to pay as result of the claim.1
Business Insurance
Business Insurance is designed to protect your business and its assets (including equipment) against certain unexpected events. For example it can include cover for damage to business premises and/or equipment caused by fire, storm, theft and other insured events.1

A key part of this policy is Business Interruption, which can provide protection for lost revenue in the event your business is unable to operate as usual due to an insured peril.

Business Insurance is made up of a number of cover sections, and you can choose the sections that relate to your business. Cover is also available for damage to money (if you keep cash on premises), portable contents such as mobile phones and laptops, and Public Liability.
Cyber Insurance
Cyber insurance helps protect you against certain cyber related threats, such as unauthorised access to your computer system or network resulting in loss or theft of data.  

As an Optometrist you may store valuable client data (such as personal details, bank account details and health records). When this type of personal information is kept digitally in your care, custody or control, it is important to consider the risks of data and security breaches. Cyber insurance may be worth considering when protecting your business against these risks.1

Cyber insurance has now become one of the essential products a business in the health industry should consider.

Cover benefits of Optometrists Indemnity Insurance

Unlimited retroactive date
You may be covered for claims relating to events that happened before you purchased cover, as long as you weren’t aware of a claim or facts or circumstances which could give rise to a claim, before you purchased the policy.2

Subject to eligibility criteria.

Run-off cover
You can be subject to claims for professional wrong-doing even after you retire or sell your business. Run-off cover extends your insurance policy for up to 7 years after your business ceases, to respond to claims which arose while the business was operating.2

FAQs

Frequently Asked Questions
Here are answers to some commonly asked questions by Optometrists.
Is it mandatory for Optometrists to hold insurance?
If you’re a practicing Optometrist, you need to be covered by a level of Professional Indemnity insurance that meets the Optometry Board of Australia requirements.
Why might I need run-off cover?
Even after you've retired or are no longer practising, you could still be subject to claims which arise from when you were in business. Under the Aon Health Combined Professional Indemnity, Public & Products Liability Policy, run-off cover allows you to arrange complimentary run-off cover for a period of 7 years in relation to incidents that happened while you were practising.2
Explore more FAQs
How do I make a claim?
​You will find details of how to make a claim in the policy wording you receive from us. However, we also appreciate that having to make a claim can be a stressful time. That's why as your advocate we are always on hand to help with any questions. Please do not hesitate to call us on 1800 805 191 during business hours.

What if I need to make a change to my policy?
It is important to keep your policy up to date with the changing shape of your business but also to keep your business and personal information up to date in the event of a claim.

Should your business circumstances have changed, for example you have moved into new premises or you have changed the services that you offer and you are not sure if your existing insurance covers it anymore then you can always call one of our experienced friendly brokers to discuss on 1800 805 191

How do I renew my policy?
Your renewal offer, schedule and tax invoice will be sent to you via your elected email address approximately 30 days before your renewal date. It is important at this stage to review the details of our offer carefully (remember pricing and coverage levels may have changed so it is important to review). If you are happy with the offer and wish to accept, it is important that you pay for your renewal by the date specified on the tax invoice.

Thank you for looking into renewing your policy through Aon. It is greatly valued that you are pleased with the level of service and coverage you receive.

What should I do if I have not received my certificate of currency or renewal offer/documents?
Please accept our apologies. At Aon we strive to deliver best in class service, so we are sorry to hear you have not received your documents. Please contact us on 1800 805 191 and we will look to send your documents as soon as possible.

What are your opening hours?
Our opening hours are 8.30 a.m. to 5.00 p.m. Monday to Friday (except public holidays).

Can I pay for my policy monthly?
Yes you can, monthly payments can be arranged through a premium funding agreement with Hunter Premium Funding3 to help you spread the costs of your insurance across the year. Please note that the total overall cost is higher if you pay monthly. Contact us on 1800 805 191.

Contact


Call 1800 805 191

8:30am - 5:00pm AET
Mon - Fri (except public holidays)

1. Subject to full terms, conditions and limits of the policy. Please review the full policy wording for more information.
2. We will process your certificate of currency request instantly but, depending on your internet speed and email server, it could take a few minutes to get to your inbox. If you're arranging the policy via one of our Brokers the time line may vary, however it is likely to be a minimum of 24 hours.
3. Hunter Premium Funding is a third party independent of Aon, however Aon will receive a commission if you pay for your policy through a premium funding agreement with them.

Professional Indemnity Insurance for Optometrists is arranged by Aon Risk Services Australia Limited ABN 17 000 434 720 AFSL 241141 (Aon) as agent for the insurer, CGU Insurance, ABN 11 000 016 722 AFSL 227681. If you purchase this insurance Aon will receive a commission that is a percentage of the premium. Please let us know if you would like any further information.