A new tailor-made home insurance product is being offered to psychological professionals who invite clients into their homes for treatment.
Oxygen Psychological Professionals Home Insurance Scheme is being promoted as a scheme that will suit those who see clients at home, such as psychologists or counsellors. It is being launched by Oxygen Insurance Brokers and is being underwritten by Ecclesiastical, which claims there is a huge demand for this kind of cover from psychological professionals.
Steve Johnson, Head of Affinity at Oxygen, explained, “Many counsellors, psychotherapists and an increasing number of coaching professionals work from home and have clients visiting them there.”
He added that many people working in the industry feel that they need a product that understands their profession. Johnson explained, “Our experience shows that our customers in the psychological professions have often encountered difficulties when trying to arrange suitable home insurance that would allow them to see clients at home. This is mainly due to home insurers not fully understanding the nature of the work such professionals do.”
Oxygen already offers professional liability insurance products to people working in the psychological therapy industry. The new product will be a house insurance product with an extension that allows working from home.
