AAPi’s preferred insurance partner for over a decade, insurance.com.au has a combined Professional Indemnity, Public, Products and Cyber Liability Insurance offering with exclusive benefits to AAPi members.
AAPi member benefits with insurance.com.au:
- Discounted rates of up to 39% for AAPi Members. (Depending on selected cover limits, policy options and eligibility criteria. No promo code required, discount is automatically applied when you provide your AAPi member number).
- Reduced rates for AAPi Members with an annual turnover under $50,000.
- Reduced premium rates for members on the Psychologists Professional Indemnity, Public, Products and Cyber Liability Insurance policy.
- Complimentary insurance for students, registrars, and provisional psychologists. (more information below)
- Nil excess for certain Insured events noted on the policy schedule.
- Flexible limit options of up to $20 million Professional Indemnity and $20 million Public and Products Liability.
- Standalone Cyber Liability insurance included for a maximum limit of $25,000 covering:
- First and Third-party liability
- Cyber Business Interruption Event
- Media claims
- Access to Cyber Incident Response team to assist in a cyber event.
- Unlimited in the aggregate for Public Liability.
- Unlimited Retroactive Date excluding known claims or circumstances.
- Unlimited Run-Off Cover* for when you retire or cease business.
- 1-hour of complimentary legal advice available per policy period for any matters relating to the Insured’s Psychology services.
- 4 contract reviews included for policy related matters to assess third party contracts received as part of your business operations to determine whether your existing insurance program provides appropriate coverage for the obligations and risks outlines within those agreements.
- Play Therapists included in scope.
- Automatic Coverage for Psychedelic Assisted Therapy.
- Psychologists Training and Education Extension to include cover for:
Tutoring, mentoring and training of student, provisional and qualified psychologists, and other health professionals, Psychoeducation, group therapy and coaching psychology.
- Remote and online consultation coverage (Worldwide Territorial Limit – not appliable to Cyber Liability where the Territorial Limit is Worldwide excluding USA and Canada). Must reside in Australia, and the governing law is Australia.
- Principal’s Indemnity Extension*1 designed to extend cover to the principals of a business for vicarious liability of the psychology services provided by yourself as a contractor
- Reduced premium while Insured is on an extended break* (e.g. parental leave) can be considered on a case-by-case basis.
The above benefits are subject to the policy terms, conditions and exclusions. Please refer to your Policy Schedule and Wording for details.
*Subject to request and referral to the Insurer for review.
1Offered on a case-by-case basis and may incur an additional premium.
Request a quote
Apply for the complimentary AAPi student, registrar and provisional psychologist member insurance.
Further information on the complimentary student insurance policy for Registrars
Registrars may apply for the complimentary student insurance policy only for work conducted solely within the scope of their Registrar program and under supervision.
It’s important to clearly distinguish between supervised, remunerated training undertaken as part of a Registrar program, and autonomous, independent clinical work.
If a Registrar is engaged in work outside the scope of their program and/or without supervision, they will not be covered under the complimentary student policy and will be required to obtain a paid policy.
For any questions, please reach out to the insurance.com.au Customer Support team on 1300 468 730 or email [email protected].
Disclaimer
This policy is issued by Keystone Underwriting Pty Ltd (Keystone) ABN 59 634 715 674, AFSL 518224 and promoted and distributed by insurance.com.au Pty Ltd (insurance.com.au) ABN 27 163 909 073, an Authorised Representative (AR Number 443422) of Community Broker Network Pty Ltd ABN 60 096 916 184 AFSL 233750. For more information on the financial services insurance.com.au provides, you should read the Website Disclosure Wording and privacy policy. For all policy coverage and conditions, please refer to the policy wording and general Terms & Conditions. The information provided on this website is general advice only and does not take into account your individual objectives, financial situation or needs (your ‘personal circumstances’). When making decisions about purchasing, amending or renewing insurance, consider the Product Disclosure Statement or policy wording/booklet and Target Market Determinations (if applicable). Coverage is always subject to policy terms and conditions. The information is current at the time of publication. While every effort has been made to verify the accuracy of the information, insurance.com.au, its officers, representatives, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this material for any loss or damage suffered by any person directly or indirectly through relying on the information.
AAPi acts as a referrer to insurance.com.au for insurance products that may be relevant to psychologists. As part of this referral arrangement, AAPi may receive referral income or commissions in certain circumstances. As a not-for-profit organisation, any income received contributes to funding member services, advocacy activities, resources, and initiatives that support psychologists and the profession more broadly. Please contact us if you would like further information about this arrangement.