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Oracle RMS Insurance

Healthcare & Clinics Insurance

Industry Insurance — Oracle RMS Insurance

Healthcare & Clinics Insurance

Insurance for medical clinics, allied health professionals, and healthcare businesses across Canada.

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Healthcare businesses and medical clinics face a unique combination of professional liability, regulatory, and commercial insurance exposures. From malpractice claims to patient data breaches, the risks are significant and the consequences of being underinsured are severe. Oracle RMS works with clinic owners, allied health practitioners, and healthcare businesses to build insurance programs that address the full scope of their risk.

Who needs this coverage?

Medical clinics, physiotherapy and chiropractic practices, dental offices, optometry clinics, massage therapy practices, mental health practitioners, home care providers, medical spas, and other allied health businesses.

Key coverages

  • Professional liability / malpractice
  • Commercial general liability
  • Cyber liability (patient data)
  • Commercial property
  • Business interruption
  • Directors & officers (clinic corporations)
  • Employment practices liability
  • Equipment breakdown
  • Crime and employee dishonesty

Frequently Asked Questions

What is the difference between malpractice and professional liability for healthcare?
Medical malpractice is a form of professional liability specific to healthcare practitioners. It covers claims alleging that a patient suffered harm due to negligent treatment, diagnosis, or advice. The terms are often used interchangeably in the healthcare context.
Do clinic owners need separate insurance from their professional association coverage?
Yes. Professional association coverage typically protects the individual practitioner's professional liability. Clinic owners also need commercial general liability, property, cyber, and business interruption coverage for the clinic as a business entity.
Why do healthcare businesses need cyber liability insurance?
Healthcare businesses store highly sensitive patient health information (PHI) that is subject to strict privacy regulations under PIPEDA and provincial health privacy laws. A data breach can result in significant regulatory fines, notification costs, and patient claims.
What is equipment breakdown coverage for a clinic?
Equipment breakdown coverage covers the cost to repair or replace medical and diagnostic equipment — such as imaging machines, dental chairs, and physiotherapy equipment — that breaks down due to mechanical or electrical failure. Standard property policies exclude mechanical breakdown.
Do I need business interruption insurance for my clinic?
Yes. If a covered property loss forces your clinic to close temporarily, business interruption insurance replaces the income you would have earned and covers ongoing expenses like rent and staff wages during the closure period.

Ready to review your coverage?

Speak with a licensed broker at Oracle RMS — by phone, video, or in person. We serve businesses across Canada.*

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* Commercial insurance services available across Canada, excluding Quebec.