Nurses are trusted and safe: APNA secures winning deal for members with new insurance offering

Katherine Fullagar, APNA Operations Manager

Source: APNA Primary Times Summer 2024-5

‘Excited’ isn’t a word that is usually used in the same sentence as ‘insurance’, but we honestly are! Cover! Value! Uncomplicated! 

From January, APNA will transition to a new insurance partner for the APNA-Member Professional Indemnity (PI) policy. This change comes after an extensive tender process aimed at securing the best solution for APNA members, providing quality coverage across all of Australia, at a more competitive price.

What are the key benefits?

We’ve found you PI insurance that’s excellent value for money, provides comprehensive cover, and is easier to manage.

• Lower pricing: The new products will go on sale at a lower premium than in 2024! $10 million coverage is available for just $149*, and $20 million coverage for just $20 more, at $169*.
• Monthly payment option: You’ll now be able to pay insurance by monthly instalments – making it easier to manage costs – or upfront, if you prefer.
• Cover for individual practitioners, no matter employment status: No more confusing questions about being ‘employed’ or ‘self-employed’, the new cover will be for any individual nurse no matter their employment status.
• Full scope of practice coverage#: The new policy has additional benefits compared to the 2024 policy, including some cosmetic injectables. APNA-Member PI insurance will still cover a nurse’s full scope of practice including ear syringing (but excluding childbirth) and has useful benefits like legal advice.  
• Easier purchase process: We’ve streamlined the process to renew or sign up to PI with less hassle. 
• Auto-renewal: Just like monthly membership instalments, from 2026 your monthly insurance can automatically renew at the beginning of each membership year. Easy! (You will have to renew manually in 2025 to opt into this option.)
• Insurance certificates immediately available: Personalised policy documents will be issued instantly, and available at any time on your APNA member dashboard. 

Be covered and save in 2025

• Already insured through APNA? You will need to renew before your current policy expires on 31 March 2025. When you receive your insurance renewal reminder in January, simply follow the steps to renew online.
• Not currently insured through APNA? You don’t want to miss this deal: add insurance to your APNA membership and you’ll get up to 16 weeks of bonus cover for FREE! This offer is available from early December 2024 to 31 March 2025. The earlier you sign up, the more bonus cover you get. Head to the APNA website during this period to learn more.

*Prices include base premium payable to the insurer plus all applicable taxes, duties and levies which will be outlined before you pay for the insurance.
This is a Vero Medical Malpractice Policy. Please read the entire Policy Wording carefully together with the Policy Schedule for full details on policy terms, conditions, clarifications, extensions, endorsements and exclusions. You must be a current Australian Primary Health Care Nurses Association (APNA) member to be eligible to register for the APNA Member Insurance Program and remain a financial member to avoid cancellation of this cover. You must be part of the APNA Member Insurance program in order to access additional cover. If your membership ceases you will not be offered renewal when your policy expires and BMS has the right to cancel your policy as financial membership is a condition of cover. In offering this insurance to our members APNA is a distributor of BMS Risk Solutions Pty Ltd (BMS) AFSL 461594, ABN 45161187980 (Australia members) and BMS Risk Solutions (NZ) Limited (BMS), FSP 696531, NZBN 9429047279339 (New Zealand members). The insurance is issued by BMS on behalf of AAI Limited ABN 48 005 297 807 trading as Vero Insurance (the insurer). BMS acts on behalf of the insurer and not on your behalf. This is general advice only and BMS has not considered whether it was suitable for your personal circumstances, current objectives, needs or financial situation. Please read the Policy Wording and the BMS Terms of Engagement which contains the Financial Services Guide before making a decision about purchasing this policy. APNA charge an administration fee per policy issued to members.