Talk to us about your Childcare Insurance
The childcare industry is complex enough, with compliance, safety and health standards to uphold, you don’t need to add insurance to that list. When you’re running a business in the childcare industry, we understand that clarity and support are important. You’re not just responsible for the business but every parent, child and employee who interacts with your business.
So, a generic insurance policy probably won’t cut it. That’s why we’re specialists; we understand. With our industry expertise and knowledge, we’ll ensure that you’re covered across all areas with an insurance policy that protects you, your centre and your people.
We can review your current policy for free today. Or, get started by speaking to one of our specialists.
Why Standard Insurance Just Isn’t Enough
Risks in the childcare centre or industry go beyond a slip or a fall, and standard business policies often have exclusions that leave childcare businesses vulnerable. For instance, standard policies won’t cover:
- Abuse Allegations: This includes cover for allegations of sexual or physical abuse.
- Professional Misconduct: Claims of breaching professional duty in any measure (i.e. child-to-staff ratios, data breaches, etc).
- Excursion Risks: Specific cover for when children are off-site.
- Compliance and Investigation: Financial cover for when your business needs to be investigated due to compliance breaches.
The Essentials Of Your Business Insurance:
Your business insurance policy should cover you across physical assets, as well as professional duty and governance. So, what are some of the non-negotiables that your business in the childcare industry needs to ensure it is covered? Some essential insurance components include:
Public and Product Liability
In any childcare setting, falls or injuries are likely to occur. This can be either from a child or a parent; however, your business must be protected against third-party injuries that occur on the premises.
Professional Indemnity
This protects your business from financial loss or claims of injury that are a result of a failed professional duty of care.
Abuse and Molestation Cover
Allegations of staff misconduct can incur legal costs, which your business will be covered for with this extension to your cover.
Management Liability
Where management is to blame for regulation breaches or disputes, your investigation costs are protected with management liability.
Property and Business Interruption
Damage to physical assets (i.e. equipment, contents and the building) due to fire or theft is protected by your cover to ensure that your loss of income is compensated.
Workers' Compensation
This provides your business with financial protection against any work-related injury or illness that may occur to staff members.
Who Do We Support?
We’re specialists in the childcare industry, which means our support extends across the Australian Early Childhood Education and Care sector, including:
- Long Day Care Centres
- Kindergarten or Preschool
- Out of School Hours Care
- Holiday Care Programs
- Family Day Care
So, whatever your business looks like in the childcare industry, we can help. You need special cover to protect you from the unique risks of the industry, and we’re the experts. We’ll make sure you’re prepared for every scenario your business could face.
How Barrack Broking Can Help You:
At Barrack Broking, we’re proud to be your business partner to ensure that you’re protected when it matters the most. So, we’ll be your advocate when you need to make a claim and provide you with seamless support through the process. How?
- We’ll manage the entire process for you to ensure that your policy works in your favour and doesn’t leave you in the dark. It’s one less thing you need to worry about when we’re handling it for you.
- We understand the nature of your industry, so we’ll handle your claim efficiently and with sensitivity, as we know that time is of the essence. Our priority is to ensure that your business is impacted as minimally as possible.
- Our industry knowledge means that we can leverage our expertise and relationships to negotiate you good outcomes, terms and conditions.
When your business needs protecting, you don’t have time to waste. That’s why we’ll understand your business’s unique risks and ensure you receive the support you need, when you need it.
Reach Out Today
Don’t navigate your insurance policy alone. It can leave you in the dark when you least expect it. Get started with Barrack Broking by speaking with one of our specialists. We’ll provide you with clarity, support and expert advice.
Call us on 1300 605 101.
