Swimming Instructors

Why you should consider taking out Professional Indemnity Insurance

As a coach, while a large part of your role involves developing the swimming skills of your swimmers, you also have a duty to ensure their well-being and safety.
You can take the greatest care in making sure that you abide by the swimming best practices but it only takes one unfortunate act, error or omission to result in the injury to your swimmer. The consequence of an injury usually results in the payment of compensation, along with associated medical and legal fees.
Unfortunately incidents do occur and they may even be no fault of your own. You may find yourself in the awful position of defending yourself in an inquiry or in a court of law. This can mean incurring significant legal costs. Then if you are found not to be negligent, they are often difficult to recover from the other party.
Even if there is any remote foreseeability of such an event occurring, you should consider Professional Indemnity Insurance.

Protection provided by Professional Indemnity

Professional Indemnity insurance covers your legal liability to third parties where they have suffered a financial arising from a negligent act, error or omission committed by you or on your behalf in the conduct of your professional business activities. In Coaching or Instructing, this usually results in people becoming injured, but can also cover you for allegations that the techniques or methods taught were inadequate causing development or success delays.
Imagine the scenario of turning around one day to find a student floating on water because you were distracted for a brief time. This could lead to brain damage because of a resultant lack of oxygen, requiring on-going care for the rest of their lives. The parent or guardian would no doubt seek appropriate compensation, and that could mean the sale of personal assets such as your home unless these were protected by this type of insurance. The Insurance really seeks to protect your assets in the event of a claim being made against you, ensuring that you are able to carry on with your day to day business.

Choice of limits

Limits generally start from $2 million up to $10 million in cover. However, we understand that your role may require a higher limit and we are happy to refer this to insurers for their consideration or seek an excess layer from another insurer.
When deciding on the policy limit, some of the things you may wish to consider are:
• the size of your business
• employee capabilities
• class sizes,
• number of incidents normally reported,
• risk management strategies you have in place
• your risk tolerance.

We will also normally combine Public Liability in with Professional Indemnity Insurance for swimming coaches and instructors to avoid gaps in cover. Injuries and property damage may not arise out of your act error or omission but can be related to the activities of the business creating a grey area which we eliminate as much as possible with a combined liability cover.

Latest News

CPR joins Ausure

We would like to announce to all our Clients, Prospective Clients, Suppliers and Insurers, that Cooper Professional Risks Pty Ltd trading as CPR Insurance Services, will be leaving National Adviser Services Pty Ltd (NAS) and joining Ausure Pty Ltd as a Corporate Authorised Representative from 5 March 2018.

Fundamentally, there is no difference to you, except our Invoices will look a little different, and the Banking details will be in a different name and account number. Everything else at CPR stays the same.

There are a number of reasons we have made this decision, but the primary reason is for what we believe is best for our clients.

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Special offer to CPR Insurance clients

Employsure are providing a FREE Business Health Check to all our clients and gives you the opportunity to receive an analysis of the health and safety requirements in your workplace. Also. Employsure  will review your employment agreements as well as your wage rates helping you to avoid workplace claims.

Ordinarily this would cost you at least $1,250 but because you are a CPR Insurance client, it is free!

It involves the following review for you.

SAFECHECK

A specialist Work Health and Safety Consultant will visit your workplace and carry out:

A review of your business’ current work health and safety policies, procedures and systems to identify areas of concern or non-compliance

Following the review, you will receive a report summarising the findings and the health and safety

Status of your workplace

WAGE CHECK

A Wages Adviser will review your rates of pay and produce a Wage Check report.

The review will be conducted against the industrial instrument applicable

A report will be supplied advising if the wages are compliant and what steps to take to achieve compliance

CONTRACT REVIEW

A Document Consultant will review an employment agreement and provide recommendations.

The review will highlight compliance issues with the Fair Work Act 2009 as well as best practice

The report will make recommendations to achieve compliance and provide protection to your business.

This will remove any areas of potential dispute and risk

So what do you have to lose? Contact us on 07 3123 1137 and arrange 

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