HCANZA Insurance Requirements
It is a requirement of Health Coaches Australia & New Zealand Association that you are appropriately insured for your professional risk at the time of joining.
This includes but is not limited to Professional Indemnity Insurance of at least $1,000,000. It is prudent to also have Public Liability as part of your insurance program. The extent of this cover is determined by your own individual working arrangements.
We receive many requests from Professional Members and potential members, for recommendations regarding Professional Insurance.
Australian Based Coaches
For Australian-based coaches, HCANZA has arranged through a broking firm Barrack Broking, a streamlined opportunity for you to make an application for an appropriate professional insurance policy. This provides coverage as follows:
- Public and Products Liability ($10M Limit of Liability) – this covers you for the risk of your negligence in carrying out Health & Wellness Coaching causing bodily injury or property damage to a third party (customer or other) and having a claim made against you seeking compensation
- Professional Indemnity ($1M Limit of Liability) – this covers you for the risk of your negligence in carrying out Health & Wellness Coaching causing financial loss to a third party (customer or other) and having a claim made against you seeking compensation
Typically the cost for the policy is between AUD$300 and $400 depending on when you start coverage. The below-linked proposal form will need to be completed and submitted in order for us to have insurers formalise their quotations.
It is the sole responsibility of each individual making an application to Barrack Broking to:
- read the Product Disclosure Statement and any other statutory documents that will be sent to them,
- read the Terms and Conditions document,
- carry out their own market research and due diligence on appropriate cover and pricing,
- carefully read and submit the application form to Barrack Broking, and
- make an independent final decision to purchase the policy
Should you have any questions regarding this offer please email your queries to ghay@barrackbroking.com
It is important to note that this opportunity and standard policy only applies to Health & Wellness Coaches who:
- agree to become a member of HCANZA (agree to work within the Scope of Practice and abide by the Code of Conduct)
- do not need insurance coverage for other types of co-qualifications such as Nutritionist, Naturopath, Coach Training etc, or are engaged in the sale of supplements. If coverage is sought for co qualifications then please let Barrack Broking know at the time of making the application.
New Zealand Based Coaches
This insurance is offered exclusively for the benefit of HCANZA’s New Zealand members. It has been designed to provide broad and cost-effective protection from the risks
to which members may be exposed under New Zealand regulations and industry practice.
You can download an overview of the insurance offer from ICIB Brokerweb here.
- Click here to download the DUAL Professional Indemnity document
- Click here to download the DUAL General Conditions and Exclusions, document.
Further enquiries can be made directly with ICIB in New Zealand.
Are You Already Insured?
If you already have an insurance policy that covers all of your specific circumstances (including Health & Wellness Coaching), please upload a copy of your insurance certificate as part of your Membership Application.
Disclosure: HCANZA in no way receives any benefit, whatsoever, from you purchasing this policy. There are no commissions, financial or affiliate arrangements between HCANZA and Barrack Broking, or, the insurance policy provider ProRisk.
