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If I am right here it does not give you insurance as a compant just
the reassurance that if anyone were to take legal ac6tion against you that
they cannot get anything as it is all under the compant umbrella and
therefore ca't be claimed against.
I am not quite sure of this but think it is how it works.
Any legal eagals out there know any more than me??
Regards
Rhonda
-------Original Message-------
Date: Saturday,
November 16, 2002 10:10:09
Subject: RE:
[ozmidwifery] Thoughts on insurance.
Jane, how have you organised your
insurance as a company then? There is a group of us on the Sunshine Coast
who would consider doing the same thing. Looking forward to hearing from
you!
Dear Rhonda
I work in a practice of 4 midwives
and we decided to incorporate due to the legal advice we received. We
are now known as Sydney Midwifery Practice Pty Ltd.
It has been a big process and we are
still learning. There are many rules once you become incorporated - from
BAS, to taxation issues and super. We are still learning and am finding
it time consuming. But it is unfortunately necessary.
Cheers
Jane Palmer
Pregnancy, Birth and Beyond
Caring, Professional Midwifery
Services
Sydney Visit http://www.pregnancy.com.au
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Our solicitor, in light of our situation, and not being
able to get insurance has suggested that we become
Incorporated.
Because they have to sue us personally as the person who
performed the procedure - all of our assets would then be owned
by the company and could not be touched by personal
litigation.
I guess this is something we never thought we would need to
do but I was thinking that midwives who are working without
insurance could do the same thing and therefore protect
themselves at least from personal litigation.
I know it does not solve the problem - a bit like the "form
to fill out" it is just another measure to protect
oneself.
Has anyone else considered this option?
Regards
Rhonda |
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