At an unbeatable price and with unmatched terms!! We are pleased to announce that the group professional liability insurance program of the Israeli Psychological Association (IPA) for 2023 has been renewed with Menora Mivtachim.
This is a unique and exclusive insurance policy, developed and tailored to the specific needs of psychologists.
The insurance includes upgrades, expanded coverage, and special terms, and is offered at a reduced rate for the IPA members only – at NIS 455 per year!
Your participation helps maintain our competitive advantage and enables continued improvements to the policy terms!!
Professional Liability Insurance for 2026
Key Terms:
Basic coverage: The coverage limit for Professional Liability Insurance is NIS 4.5 million, at no additional cost. The premium remains the same as in previous years – only NIS 455 per year! The coverage limit can be extended for an additional fee.
Pricing details:
Basic Coverage: Professional Liability Insurance with sum insured limits of NIS 4.5 million – at NIS 455 per year (NIS 420 premium + NIS 35 handling fee)
Extended Coverage: Professional Liability Insurance in the amount of NIS 10 million – at NIS 655 per year (NIS 620 premium + NIS 35 handling fee)
Coverage for evaluations required for obtaining a firearms license from the Ministry of National Security – NIS 350 per year.
This insurance is based on the time the claim is made, with no deductible!!
Except for claims involving disciplinary proceedings conducted before the IPA's Ethics Committee, the Ministry of Health Complaints Committee, and the Ministry of Health Disciplinary Committee. In these cases, a deductible of NIS 500 shall apply.
The insurance covers legal consultation– Initial legal consultation or legal representation in connection with a Claim.
The insurance coverage includes treatment of victims of terrorism and war.
Retroactive Coverage Period – Subject to continuous insurance coverage with any insurance company in Israel (*see additional clarification below).
Compensation in event of license suspension. Full run-off coverage for anyone who stops practicing as a psychologist for a period of seven years, and for cases involving treatment of minors – for seven years after they reach the age of 18. Remote treatment – Coverage also applies where treatment is provided in full or in part via electronic communication (subject to the policy terms). Third-party liability coverage for any clinic (in-home or external clinic) with a coverage limit of NIS 1.5 million, at no additional cost! The third-party liability coverage can be increased up to a total coverage sum insured of NIS 4 million.
Pricing details:
- Coverage of NIS 1.5 million – included in the basic premium at no additional cost.
- Coverage of NIS 4 million – additional fee of NIS 340.
The deductible for a third-party claim is NIS 500 only.
Cyber Insurance! At no additional fee
Protection against claims and damages that may result from cyberattacks. The coverage applies to a third-party claim (up to NIS 200,000, with a NIS 5,000 deductible) for damage caused by unauthorized access to the therapist’s computer systems.
*Important clarification regarding insurance continuity: If a psychologist had a break in continuous insurance coverage due to a period of up to one year during which they did not work for one of the following reasons: Extended maternity leave, a sabbatical year, or a prolonged illness that prevented the insured from working, such circumstances will be considered as continuous insurance coverage—provided the psychologist was insured prior to stopping work, and subject to a declaration that they did not work throughout that entire period.
We encourage members who are currently insured through other providers to consider switching to this insurance program, given the strong terms and the high level of coverage offered. The more members who join this program, the more we will be able to enhance the terms in the future.
We wish all members of the IPA continued professional, productive work, and a claim-free year.
Note: The information provided is general only. The binding terms are those set forth in the policy. Registration / Renewal Process for Professional Liability Insurance for 2026:: Join the insurance program through the dedicated website for IPA members. Payment is made online through the secure website. Once the purchase is completed, an insurance confirmation and receipt are sent by email. Please note: Insurance is not subject to VAT. Therefore, no tax invoice is issued! The insurance plan is offered to members of the IPA through "Tiv Capital Insurance Agency Ltd." Phone support during business hours is available through Aviva at 03-9181000.
