Insurance in the pharmacy industry in Australia is crucial. Pharmacies face risks on a daily basis. They are required to comply with strict regulations, sell products and provide advice to customers. Most now provide additional service such as simple medical tests.
Carollo Horton are leading pharmacy insurance specialists. We provide every client with a tailored service so that the client is in control of the terms of the insurance policy. We carefully assess your needs and requirements so that we control the risks that exist in your business.
We offer business, property, public liability and professional indemnity insurance. We can also conduct a Fair Work compliance review of your business to ensure that processes are documented and that your pharmacy is compliant with regulations.
Here are a few reasons why pharmacy insurance is important.
Safeguard your Pharmacy
Pharmacies should be insured because incidents can occur. When an event of loss occurs, it is vital that an insurance policy is active at the date of loss. Sufficient cover should exist so that you are not left out of pocket.
Minimise Financial Impact
Legal costs and claims for damages can be very high. Especially in a highly regulated industry, there are many risks that need to be controlled. Discussing your requirements with a pharmacy insurance specialist will allow you to obtain the best coverage at the most affordable price.
Comply with Regulations
Insurance is a requirement to comply with industry regulations. We will assist you to assess your pharmacy operations and ensure that your business is covered appropriately. We take the stress out of your day to manage your insurance portfolio and ensure that it is accurate and up-to-date.