Treatment Risk insurance
What is Treatment Risk insurance?
Treatment risk insurance is normally an extension to public and products liability, which extends cover to include professional skills that might ordinarily be excluded or would have to be covered separately by a professional indemnity policy.
What should my insurance cover?
Many policies can be extended to include a range of benefits such as:
Payment of fines & penalties
Payment of ransoms & extortion
Cover for lost or disrupted income
Cover for physical injury/damage
The cost of phone hacks
Cost of notifying your contacts
Incidents at your outsourced service providers
Social media risks
The following industries may typically require treatment risk cover, should they inadvertently cause damage or harm to the person or item they are working on:
- Cleaning contractors
- Medical professionals
- Hairdressers
- Beauticians
- Therapists
