Avant - Mutual Group

  • Business Cover

    1. Practice Medical Indemnity Insurance - generally provides cover for claims for compensation against the practice entity and the practice partners/principals, directors and employees in connection with the provision of healthcare. It could cover
      • failure of practice protocols, including systemic failures that could result in multiple claims
      • breaches of patient privacy by staff
      • errors by practice staff or where the patient sees multiple doctors


    1. Public Liability (Optional public liability insurance with Avant Practice Medical Indemnity Policy) - generally covers personal injury or property damage caused to a third party.
    2. Products liability generally provides cover to a third party for damage they sustain by using the insured’s products.
    3. Business Property Insurance should be considered in light of individual practice circumstances. You will need to determine cover levels and the options to include/exclude as part of your policy. There are a broad range of covers available of which some are listed below:

      • Accidental damage
      • Property Loss
      • Burglary / theft
      • Machinery Breakdown
      • Contents (fire, flood)
      • Computer Breakdown
      • Business Interruption
      • Glass and signs
      • Employee Dishonesty
      • Public Liability
      • Accidental damage
      • Accidental damage
      • Accidental damage
      • Fidelity Cover

    4. You may also find that your insurer provides Tax Audit Cover. Check with your insurer to confirm coverage.
    5. Workers Compensation. All employers are required to have a workers compensation policy to cover their employees where they suffer an injury as a result of working for their employer.
    6. If you hold property and act as a landlord you may also need to have Landlord Insurance; this would cover you for issues relating to tenants.
    7. Individual insurance products should be considered by key personnel in or associated with the business.
    8. Income protection: whilst most employees will have personal leave entitlements, income protection provides cover in cases where someone suffers a major trauma event and was unable to work for an extended period. It may be that the practice provides this cover for the manager as part of their employment package.



    * Professional indemnity insurance products, including Practice Medical Indemnity, available from Avant Mutual Group Limited ABN 58 123 154 898 (Avant) are issued by Avant Insurance Limited, ABN 82 003 707 471, AFSL 238 765 (Avant Insurance). Life risk insurance products available from Avant are issued by Hannover Life Re of Australasia Ltd ABN 37 062 395 484 and are distributed by Avant Insurance. Private health insurance products are issued by The Doctors’ Health Fund Pty Limited, ABN 68 001 417 527 (Doctors’ Health Fund), a member of the Avant Mutual Group. The information provided here is general advice only. Any advice here does not take into account your objectives, financial situation or needs. You should consider whether the product is appropriate for you before deciding to purchase or continuing to hold a policy with us. For full details including the terms, conditions, and exclusions that apply, please read and consider the policy wording and PDS, which is available at avant.org.au or by contacting us on 1800 128 268. Information on this site does not constitute legal, professional or financial advice, and is current as at the date of initial publication.
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