The COVID-19 pandemic has made operating a business even more difficult of late. Luckily, optimism is slowly returning which means it’s time to start thinking about how you will be able to hit the ground running once things return to normal.
Help yourself so you can help others
Being a Social Worker is tough enough without having to deal with the pitfalls of lawsuits against you.
When things pick back up, so will the risks you’ll face in your day to day work. Be sure to protect yourself and your business by ensuring you’ve got a valid Professional Liability Insurance policy. This will keep you protected from a lawsuit triggered by elements such errors, omissions or if you make an unintentional mistake.
Professional Liability is the peace of mind that enables you to focus on your clients and give them the care they need.
Do you have employees?
If you do, you need to ensure you’re covered for any unforeseen work-related incidents that may involve them.
Check the status of your Workers Compensation Insurance. Social work can be unpredictable and if a subordinate suffers an injury that requires medical care, you need to be confident your insurance will come to the rescue.
Workers Compensation is a requirement. If you don’t have adequate coverage for your staff the penalties can be severe.
Workers Compensation Insurance will ensure you won’t be financially liable if there’s a claim against your business by an employee. It’ll cover you for costs such as:
- Medical care
- Replacement of lost wages when taking time off to recover
- Funeral costs paid for if they were to pass away
- Disability support costs
Remember your liability responsibilities
General Liability coverage is a must for Social Workers. Day to day duties require a number of key actions that put you at risk of a claim. Simple duties such as conducting client visits at your office or at a client’s residence carry liability risk and the difficulty of social can place you in unpredictable scenarios.
Take a look at the list below and tick off any that apply to your work:
- Visiting clients or having them visit you
- Having regular interactions with outside parties
- Using an alternative location to your office for any social work activities
- Providing physical services to others
If you ticked any of the above, you’re at a liability risk.
Next, check on the status of your Business Owner’s Policy (BOP). BOPs give you a package of coverage combining General Liability with coverage for your business’s property, inventory and your building. Additionally, you’ll be covered for any damage to third party property that is in your care, custody or control.
We can help you with the safeguards you need to do your job with peace of mind.