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NDIS Audit Requirements
Insurance requirements for NDIS Registered Service Providers
As a registered NDIS Service Provider, you are required to have insurance cover as part of your NDIS Audit requirements.
NDIS service providers may be newly formed businesses or have been delivering services for years. Either way, as an NDIS registered provider, they now face new business risks arising from delivering services within the disability industry. They will be signing new NDIS service agreements and handling the personal information of NDIS participants.
What type of insurances are required for an NDIS AUdit?
1. Professional Indemnity
Covers you against legal claims for actions arising from the performance of your duties. E.g. giving advice (counselling), respite/health care, education and advice on the installation of home modifications and maintenance. Did you know? Under the NDIS Terms of Business for Registered Providers, participants are required to maintain an adequate level of insurance including Public Liability insurance and Professional Indemnity insurance.
2. Public Liability
If third parties suffer an injury or property damage as a result of your negligence, Biz Cover help ensure that you are protected in the event of a claim.
3. Personal Accident
Optional insurance include:
- Property
If you own a building or any contents including desks, chairs, computers etc. -
Cyber Risk
If you are collecting and disclosing personal information about NDIS participants, you are at risk. -
Motor Insurance (or similar)
If your organisation owns or leases motor vehicles, trailers or caravans for work or has volunteers who use a vehicle not owned by your organisation (e.g. their own car, car hire vehicle) for your work.
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