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Make sure you're not at risk... We've teamed up with Towergate Professional Risks - one of the UKs leading providers of insurance to therapists, to ensure that you're not only protected from litigious clients but that you'll also pay no more than you need to for insurance! - When you're a member of The Quantum Business School, you'll have access to preferential rates on Professional Liability Insurance... Why you could be at risk... If a client or third party tried to sue you, as a result of your business activities, the cost of defending the claim, not to mention any damages, could run to thousands of pounds! As well as the cost, defending the claim could be both time-consuming and stressful, and if not managed properly, could cause harm to your professional reputation. About the Towergate Professional Risks Scheme: When you're arranging your insurance, you want to be dealing with a name you can trust. The scheme which has been created for Quantum members is with Royal and SunAlliance, a major global insurer with many years’ experience in the complementary therapy market. Towergate's policy is to arrange cover for its clients with reputable, stable insurers. - What happens if you're already insured with Towergate: If you are already insured with Towergate, you can still benefit from the reduced rates negotiated on behalf of Quantum. Simply call the number below and the Towergate customer services team will do the rest. - What happens in the event of a claim: The test of any insurance policy comes in the event of a claim. If you're unfortunate enough to need to make a claim, the Towergate team will guide you through the process, advising you step-by-step what to do, and what not to do, along the way. With its in-depth knowledge of the policy cover and their strong relationships with the insurers, the Towergate team are well placed to assist in an effective and efficient settlement - ensuring that you and your business get back to normal quickly. Activities Covered: Towergate is able to offer cover for over five hundred different therapies/activities, and these are split into three rate bands, dependent on the invasiveness of the treatment. Please see below for some examples and the premiums. - If the therapy you practice isn't listed below, don't worry - simply ring the Towergate Customer Services team on 0113 391 9555, give them your Quantum membership number and they'll be able to give you all the help you need! Below is a table which shows the discounted premiums you'll get when you buy your insurance via Quantum - versus the standard premiums. Quantum premiums (black) versus Standard Premiums (red) Rate Band 1 Limit £1 Million £2 Million £5 Million Premium £66.34 (73.71) £79.62 (£88.47) 132.70 (£147.45) Tax £3.32 (£3.69) £3.98 (£4.42) £6.64 (£7.37) Admin Charge £20.00 (30.00) £20.00 (30.00) £20.00 (30.00) Total £89.86 (£107.40) £103.60 (£122.89) £159.34 (£184.82) Band 1=Reiki, Massage, Energy Healing, Counselling,Acupressure, Aromatherapy Rates Band 2 Limit £1 Million £2 Million £5 Million Premium £92.88 (103.20) £111.47 (123.85) N/A Tax £4.64 (5.16) £5.57 (6.19) N/A Admin Charge £20.00 (30.00) £20.00 (30.00) N/A Total £117.52 (138.36) £137.04 (160.04) N/A Band 2 = Coaching, Electro -acupuncture, Herbalism, Homeopathy, Hydrotherapy Rate Band 3 Limit £1 Million £2 Million £5 Million Premium £132.70 (147.45) £159.23 (176.92) N/A Tax £6.64 (7.37) £7.96 (8.85) N/A Admin Charge £20.00 (30.00) £20.00 (30.00) N/A Total £159.34 (184.82) £187.19 (215.77) N/A Band 3 = Acupuncture, Cupping, Electro-therapy, Moxibustion, Spinology. 1 Service: Experienced claims team will ensure your members obtain the right advice at the right time, making what can be a difficult situation as simple and stress-free as possible. Qualified, friendly customer service staff with considerable experience and understanding will guide your members through the insurance process and answer any question or query they may have. A free 24-hour legal advice line for any legal matter is another benefit available to members of the scheme. - Find out more: Recent articles |
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