Bank account and insurances as a ndis provider
Do I need to business bank account?
Short answer. Yes you do!
If you work under an ABN you can be paid into an account you set-up or just use your own personnel bank account.
If you are working under a ACN (Australian Company Number) your accountant will hand you paperwork from ASIC once your business has been approved. You take the paperwork to the bank and set -up a business account.
What insurances do you need?
You MUST have 3 types of insurances in place prior to offering service and support. Please ensure you make contact with multiple insurances providers and get quotes.
- Professional Indemnity,
- Personal Accident & Injury
- Public Liability Insurances
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