All members resident in the UK, including Northern Ireland, the Isle of Man and the Channel Islands, may apply for Malpractice/Professional, Public and Products Liability insurance under the IPTI Master Policy. The policy is underwritten by Axis Underwriting Limited underwriting for certain underwriters at Lloyd's and provides indemnity for claims arising from non-medical treatments performed by members who posess approved qualifications in such treatments. Axis Underwriting Limited is authorised and regulated by the Financial Conduct Authority.
Membership based insurance schemes are organised by associations as a way of providing low cost insurance covering a wide range of therapies, designed to meet the needs of their members. The insurance is written as a single policy to which all participating members contribute and as such there is a single renewal date occurring on 1st March each year - The policy renewal date remains the same irrespective of the date a member joins the scheme.
IPTI MEMBER'S INSURANCE SUMMARY OF COVER
This is a summary of the cover available under the IPTI insurance policy underwritten by Axis Underwriting Limited underwriting for certain underwriters at Lloyd's. The summary contains some key features and benefits of cover along with some significant exclusions and limitations on the policy. It also contains some general conditions and exclusions of the policy, how to make a claim, your cancellation rights and how to make a complaint. As this is a summary it does not contain the full terms and conditions of your insurance. You can find the full terms and conditions of cover in the Master Policy Document. This summary is provided for you for information purposes and does not form part of the insurance contract.
Malpractice/Professional, Public and Products Liability
Significant Features and Benefits
Malpractice & Professional Liability
Covers claims made against the insured arising from any negligent act, error or ommission committed in the course of services or contractual obligations undertaken to a client, in or about the conduct of your profession or Good Samaritan Acts.
Covers claims made against the insured arising from any bodily injury, mental injury, death, wrongful arrest or false imprisonment of or to any person, or loss of or damage to tangible property of any person in connection with the insured's profession.
Covers claims made against the insured arising from any bodily injury, mental injury, illness, disease or death or loss or damage to tangible property arising out of any goods or products designed, manufactured, constructed, altered, repaired, serviced, treated, sold, supplied or distributed in connection with the insured's profession.
Significant Exclusions & Limitations
Specific limitations exist in respect of certain treatments and these are contained in the Master Policy Document, a copy of which can be viewed on this website.
Any member who treats professional sports persons with Sports Massage, Sports Therapy, Remedial Massage, Sports Injury Treatments, Ultrasound or Fitness Training must have prior permission of the underwriter to be covered under this policy.
Therapist must keep complete records of the client and the treatments given, including aftercare advice, for at least 7 years from the date of treatment and, in the case of a minor, for a period of at least 7 years after that minor would attain majority.
Excludes treatment given by any person under the age of 16 or by any person who is not qualified in the treatment being given.
'Claims Made' Policy
This policy is written on a 'Claims Made' basis. A 'Claims Made' policy covers only claims reported during the policy term, provided the event that lead to the claim occurred after the retroactive date of the policy issued. If, for whatever reason, you do not continue to purchase cover, this means there is no cover in force for previous work undertaken. Therefore you will require 'run off' cover if you wish to be covered for previous work performed.
MAKING A CLAIM
In the event of any incident which may give rise to a claim under this policy the insured shall
1. On the happening of any loss, damage, injury or accident give notice in writing to Wellbeing Insurance. Swithins, Tilford Road, Farnham GU9 8HU
2. Immediately forward to Wellbeing Insurance upon receipt of every letter, claim, writ, summons or process
3. Immediately notify Wellbeing Insurance of any knowledge of impending inquest or inquiry
4. Make no admission or promise payment of indemnity on behalf of the insured without written consent of Wellbeing Insurance
5. Not incur any expense in making good any damage without written consent of Wellbeing Insurance
MAKING YOURSELF HEARD
Any complaint you may have relating to your policy should, in the first instance, be addressed to Wellbeing Insurance. If you are not satisfied with the way in which your complaint has been dealt with, you should write to Axis Underwriting Limited. If the complaint is still not resolved, you can approach the Financial Ombudsman Service. The Ombudsman will only consider complaints if:
1. We have provided you with written confirmation that our internal complaints procedure has been exhausted
2. Your business has a turnover of less than £1,000,000
Referral to the Financial Ombudsman will not affect your right to take legal action.
Full details of addresses and contact numbers can be found within the Master Policy Document.
YOUR CANCELLATION RIGHTS
You may cancel the policy in the first year of insurance during the 14 days after the contract has been concluded by giving notice in writing to IPTI. This right does not apply at the first or any subsequent renewal of the Policy. During this 14 day period IPTI will give a full refund of the total amount paid.
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