Here at Lisa’s Staffing Solutions we’re often asked by people new to the industry…
“Do nannies need insurance?”
Technically, no. But no one likes to think of the worst-case scenario. And sometimes, you have to be practical, prepare yourself, and protect your nanny family.
Because it only takes a split second for things to change.
And if they do, you want to have the peace of mind that you’re protected from a costly mistake.
That’s why, in this blog, we’re going to go over the ins and outs of domestic nanny insurance while you’re working for an agency and answer your questions of “do nannies need insurance?’ Plus point you in the right direction to get your must-needed cover.
The short answer?
Yes!
If you're a self-employed nanny with an ABN number, nanny insurance is not actually a legal requirement.
However, having the right insurance could be the key to protecting yourself and your livelihood. So, although you might be paying monthly payments to your insurance company, it’s worth its weight in gold if something does occur.
Saving you from any expensive payouts.
If you work for a nanny agency, check and see what cover they provide.
Some agencies cover certain scenarios at work, meaning you just have to pay an excess fee should anything occur.
At Lisa’s Staffing Solutions, we’re personally insured with Nannrysure by Finsura and we also encourage all of our fabulous staff to head over to them and get their own insurance too.
They’re one of the select few nanny insurers in Australia.
So if that’s where you’re based, be sure to check them out and get a quote!
Liability Insurance is there to cover your legal costs and expenses in the event of personal injury or third-party property damage.
For example, you’re cooking dinner for the kids…
They need your attention so you leave for a moment and return to find it in flames. The family's home insurer can claim against you for the damages.
Professional Indemnity Insurance protects you by covering civil liability claims for compensation pursued by families who believe you’ve breached your professional duty.
For example, you make a mistake causing someone to suffer a financial loss.
Personal accident and illness insurance protects you against loss of income resulting from an injury or sickness.
For example, you’re running errands for the family, and you trip over and break your leg, putting you out of work for two months.
Having this cover means you won’t be struggling to pay the bills because of your injury.
Statutory Liability Insurance protects you from penalties and fines for unintentional breaches of legislation.
For example, you’re nanny family claims you’ve breached a specific law and take you to court.
General Property Insurance provides cover for accidental damage, destruction, or loss to your personal work tools anywhere within Australia.
For example, your vacuum cleaner falls down the stairs while you’re cleaning a client's home, breaking to pieces, and damaging the stairs on the way.
The great thing about Nannysure by Finsura is, they create tailored packages subject to your needs. So if you don’t need all this coverage, or your agency already provides some, you can pay for what you need.
If you still have questions about domestic nanny insurance in Australia, let us know.
Here at Lisa’s Staffing Solutions, we treat our staff like family!
It’s our personal mission to help you feel confident in your role and connect you with other Melbourne-based nannies and families so you can feel part of something special.
Do you want to be part of our tight-knit community and be the first to see exciting new job roles in your area of Melbourne?
And be sure to register your interest so we can keep you updated.
