<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1204632709556585&amp;ev=PageView&amp;noscript=1">

Bringing you Caregiving Stories from the CaregiverAsia Community

5 Reasons Why Insurance Is Important To Freelance Caregivers

[fa icon="calendar"] Aug 2, 2018 2:55:39 PM / by Teo Youliang Hakim

It’s a frightening prospect for many caregivers to be the subject of a lawsuit from their careseekers. Those without a caregiver insurance might end up in a situation whereby a mistake or a momentary lapse in judgement during a medical procedure or a case can threaten to end both their professional career and livelihood.

Caregiver insurance is often unheard of among home caregivers.

If you’re a caregiver and can relate to similar worries as the ones mentioned above, why not consider signing up for an insurance policy? Here are five reasons why a professional indemnity insurance can help you avoid future complications:

1. Protecting Your Professional Career

In the event that you accidentally slip up in a stressful and demanding environment, the consequences can be dire. Not only will you lose a large part of your hard-earned income from a lawsuit filed by an unhappy careseeker, you’ll also risk your job and professional career as well.

An professional indemnity insurance can protect you from such unwanted outcomes. Should you be unlucky enough to run into a situation where you’re required to compensate a claim submitted by a patient, having an insurance plan will cover the expenses on your behalf and safeguard your career - provided if you meet the necessary requirements, of course.

2. Protection Against Libel And Slander

As a caregiver, things can get quite stressful during a case. Even the most patient of home nurses can let slip a few regretful words in a heated conversation between a stressed out patient. While the argument only lasts for a few moments, the things you’ve said can be taken out of context and be used against you in the court of law.

To avoid such scenarios, a professional indemnity insurance usually includes an insuring agreement that’ll cover for any possible lawsuits which may arise from your angry words. As long as the mentioned words were proven not to be out of malice or spite, you may simply require a sincere apology letter to pay off the careseeker’s claim and damages.

3. Replacement Of Client Documents

What happens when a previous careseeker accuses you of missing a document during your term of service over at their home? While you might be completely sure that you play no responsibility in the sudden disappearance of the items, there’s still a slight possibility of being slapped a hefty fee to cover for the client’s damages because you can’t prove it.

Some professional indemnity insurances cover the loss of specific documents, meaning that you won’t be liable for any misplacement or damage towards the careseeker’s letters, deeds and certificates. However, do note that these insurance plans will not cover specific documents such as medical records and bank notes.

Many drastic incidents can be easily resolved when you have a caregiver insurance.

4. A Safety Net From Malpractice

Mistakes happen and no one is immune to it, we’re all humans after all. But what happens when these mistakes happen on a much larger scale, such as while giving care? From a nursing procedure, sorting out medication or even a simple walk to the toilet, it only takes one mistake in your duties to incur a lifetime of consequences and regret.

Fortunately, with a professional indemnity insurance, you’ll be safely protected should an accident occur throughout your duties at the careseeker’s home. Any claims made against you by careseekers for medical malpractices during the policy period will be covered by certain policies. As long as the act was proven to be out of negligence, error or omission, the insurers will be able to cover you financially.

5. Practice With A Peace Of Mind

There’s nothing worse than dreading the worst possible outcome every time you’re on a caregiving case. Every wrong action that you might make may consequently put you out of a job, or worse, in financial debt. As long as there’s no safeguard from such risks, it’s hard for you to have a peace of mind while practicing your trade.

With a professional indemnity insurance, rest assured that your legal liabilities will be under good care should a careseeker file a claim against you. There are policies which will review and financially resolve your disputes in a fair manner, leaving you with the much-needed relief to concentrate on your caregiving duties with a clear head.

Does this sound like something that might come useful for you as a caregiver? The good news is that we at CaregiverAsia have partnered with Great Eastern to provide our freelancers with a policy coverage through our caregiver packages. These are only available to caregivers who are signed up with us on www.caregiverasia.com  

Need to know how you can go about getting a caregiver package for yourself? Here are a few simple steps on how you can do so:

Step 1: Login to here with your account and password if you are already signed up as a caregiver with us. If you are not, why not sign up today at this link?

Step 2: On your dashboard, scroll down and browse through the available packages.

Step 3: Make your selection and proceed to payment.

Alternatively, you can drop a call to us at 6258 6683 if you want to find out more. You can also check out our FAQ page here.

Get Your Professional Indemnity Insurance Here!

Topics: Freelancing

Teo Youliang Hakim

Written by Teo Youliang Hakim

A CaregiverAsia writer, Hakim loves nothing better than to spruce up informative content for the readers, especially if it helps to make the world a better place. Other than that, he also enjoys the occasional chocolate chip cookie or catching reruns of F.R.I.E.N.D.S on the telly!