Protect your livelihood and prevent financial loss with Aon’s complimentary professional indemnity insurance
As a psychology postgraduate student or registrar, if you don’t provide the correct professional advice or treatment to a client and they are negatively impacted, there is a chance that they will take legal action against you. It’s an unfortunate reality that just one small mistake, error of judgement, injury or perceived piece of bad advice can lead to a claim against you personally – and potentially cost you both professionally and financially.
Professional indemnity insurance can act as a safety net to provide protection from the costs associated with any claims (including legal costs and any damages awarded).
Do I need professional indemnity insurance?
Your higher education institution and/or your registered psychologist supervisor is meant to have a policy in force that covers you whilst in placements, however it’s your responsibility as the student to ensure that you are covered. If you find that you are not adequately covered by your university or supervisor, Aon’s insurance covers the gap.
Aon’s insurance covers you for claims against professional wrong doing while providing psychological services, which helps to protect your livelihood and prevent financial loss. This gives you the peace of mind and confidence to practice and grow in your career.
Plus, if you are an APS student member, you can get this cover as a complimentary service, provided you meet the eligibility criteria.
The policy runs from 30th June each year for a 12 month duration and covers you for professional indemnity ($2 million per claim and $4 million in total), and public and products liability ($20 million).
Applying for cover
If you would like to apply for this cover, please check that you meet the eligibility criteria below and then apply now.
Handy hint: Once you become a practising psychologist, we can easily transition you to a professional indemnity policy that is suitable for practicing psychologists and approved by APS.