Health and Wellness Clinic Insurance Coverage
Helping your clients look and feel their best can be rewarding work. But like any profession, it’s not without its stressful days.
Protecting your health and wellness clinic with the right insurance coverage can relieve stress and worry that a single mistake could ruin everything you’ve worked for, allowing you to concentrate on providing the best health and wellness care service possible.
Types of Health and Wellness Services
A health and wellness facility insurance provider can help protect your clinic if you provide single or multiple primary care services, including:
- Acupuncture and traditional Chinese medicine
- Botox and other injectables
- Bracing
- Chiropody
- Chiropractic
- Compression therapy
- Massage therapy
- Naturopathic Medicine
- Orthotics
- Osteopathy
- Physiotherapy
- Pelvic exams and physiotherapy
- Psychotherapy
- Reiki
- Shiatsu
- Spa and esthetician services
- Speech, language and hearing therapy
- Many others
Standard Health Clinic Insurance Coverages
Health and wellness clinics can greatly benefit from wellness centre insurance should an accidental or unfortunate event arise. Most clinics need two types of insurance: Medical Malpractice Insurance and Commercial General Liability Insurance.
Despite your practitioners each carrying their own insurance, medical malpractice insurance will protect your legal entity from being named in suits for services performed by health practitioners and other employees in your clinic.
These can include, but aren’t limited to, allegations that they failed to live up to a required standard of health services or otherwise caused injury.
Commercial General Liability Insurance can provide protection against personal injury claims like slips and falls (unrelated to healthcare and fitness treatment) as well as allegations of property damage, libel/slander and false advertising.
Both medical malpractice and commercial general liability insurance can help protect your health wellness centre by providing coverage for:
- Lawyer’s fees
- Legal costs
- Out-of-court settlements
- Awards for damages
Give Your Health & Wellness Facility Holistic Protection with these Coverages
Commercial Property Insurance can protect your health and wellness clinic with coverage for physical structures, expensive medical equipment and contents following a fire, flooding, sewage backup, vandalism and other named perils. You may also need:
- Business Interruption insurance to replace income lost after an insured peril.
- Extra expense insurance to cover the costs of relocating and setting up a temporary clinic after an insured peril.
- Product Liability Insurance to provide coverage in case a naturopathic, homeopathic or other wellness product you develop and/or administer causes bodily injury (e.g., an allergic reaction).
- Cyber Liability & Privacy Insurance to cover the costs of restoring data and systems, ransomware demands and notification costs, among other expenses caused by a breach of your wellness facility’s network and records.
- Employee Theft Insurance gives you protection in case of theft or fraud (such as credit card fraud) caused by an employee of your health and wellness clinic.
- Employment Practices Liability (EPL) Insurance can provide legal coverage in case a suit brought by a current or former employee alleges that they were the victim of harassment or discrimination at your clinic.
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We Are Commercial Risk Management Experts Because Commercial Insurance Is All We Do
At ALIGNED, we specialize in business insurance and use the relationships we’ve built over the years with Canada’s top insurance companies to get our clients comprehensive health and wellness centre insurance at an affordable cost.
Contact an ALIGNED advocate or get a quote to learn more about getting a wellness centre insurance policy that meets the unique needs of your clinic.
