BMS is our exclusive partner for the Physiotherapy New Zealand Inc (PNZ) member insurance program.
BMS is part of the wider BMS group which is dedicated to providing coverage and value-added services to associations and their members. BMS group includes Lloyd’s broker BMS Group Ltd.
The BMS group provides cover to healthcare and regulated professionals through associations across Australia, Canada, Europe and New Zealand. This experience gives BMS a unique insight and ability to create and deliver significantly enhanced and continuously evolving member centric insurance programs. This includes ensuring broad, market-leading coverage, evidence-based risk management and exceptional member service.
To find out more visit https://www.bmsgroup.com/solutions/insurance/affinity
If you have any questions about the insurance program or the Physiotherapy New Zealand Professional Indemnity Policy, contact BMS at 0800 999 267 or email pnz@bmsgroup.com.
Ensuring PNZ members have access to comprehensive coverage, additional, evidence-based risk management material and exceptional service for insurance queries and claims is paramount. BMS is dedicated to servicing associations and its members and will continue to enhance the PNZ Member Insurance Program.
If you have a current claim with your previous insurance company, you will need to continue dealing directly with them. Any new claims or notifications under the new insurance program can be directed to BMS on 0800 999 267.
Professional Indemnity Insurance protects you against allegations or third party claims due to injury or damages that have resulted from a negligent act, error, omission, malpractice or breach of duty that has arisen out of your professional capacity as a physiotherapist.
*Terms and conditions apply - refer to the Policy Wording for details.
You can opt out of the PNZ Member Insurance Program during the application or renewal process. While it’s not compulsory to take up the Professional Indemnity Insurance, all Physiotherapists must have adequate Professional Indemnity Insurance to be registered.
Your PNZ membership may include Professional Indemnity Insurance at each year’s renewal. To confirm whether your Membership category includes insurance, please contact PNZ on +64 4 801 6500 or email pnz@physiotherapy.org.nz
An invoice and Evidence of Cover is issued to every eligible member once they’ve renewed each year.
You can contact BMS’ team of Brokers on 0800 999 267 or by email at pnz@bmsgroup.com.
No. There is no cover for when you are providing your services to family members.
The Professional Indemnity Insurance policy is a claims made policy. This means the policy only provides cover for any prior acts as long as you have an active policy at the time of a claim. Therefore, it's important to ensure you have a policy in place should you take a leave of absence (leave where you’ll likely return to work at some stage). This will ensure you’re covered should a claim arise during this time.
Yes. The PNZ Professional Indemnity Policy provides run-off cover, to cover you when you retire. You must activate this, by applying for run-off cover with contacting BMS.
Yes. The PNZ Professional Indemnity Insurance Policy complies with and exceeds all requirements set by the Physiotherapy Board of New Zealand.
Yes. The PNZ Professional Indemnity Insurance Policy provides retroactive cover, provided that there are no known and unreported circumstances that may lead to a claim.
As a Public Health Sector worker, without your own insurance policy you are relying on your employer’s insurance, which provides cover for your negligence as an employee and only in carrying out services in the course of that employment.
Your employer’s policy may not cover your direct liability for:
Physiotherapy New Zealand members who participate in the PNZ Member Insurance Program also have peace of mind that they have an individual $1,000,000 limit and $2,000,000 aggregate limit covering their interests, as well as access to legal assistance with a senior lawyer for each potentially claimable issue that arises once the claim has been approved.
Having your own individual policy ensures you are covered if you want to work while transitioning from one employer to the next.
No. There is no cover in respect to Boundary Violations.
Public and Products Liability insurance
Public liability insurance is cover for bodily injury or property damage to a third party that occurs while conducting your professional activities. This could include scenarios where a patient slips and falls while under your supervision.
With BMS, you can hold a combined Professional Indemnity and Public Liability Policy.
Alternatively, you can add Public Liability to your existing Professional Indemnity insurance policy with BMS at any time.
Entity Insurance
Entity Insurance is professional indemnity and public liability insurance for your practice. This is different to your member professional indemnity insurance cover or the individual professional indemnity cover held by consultants or contractors engaged by your practice. If your practice is named in a legal action, these costs are not covered by your individual PNZ professional indemnity insurance.
Business Insurance
Business insurance is coverage for your property, whether it is buildings, contents or your stock against typical risks such as fire, theft, storm, breakage and other perils as defined in the policy wording.
You can apply for Public Liability Insurance via the PNZ website. Visit the PNZ Member Insurance page for more information.
For other insurance including entity insurance, contact BMS for a quote on 0800 999 267 or via email, pnz@bmsgroup.com