Professional Liability
What Is Professional Liability Insurance?
Professional liability insurance (PLI), also called professional indemnity insurance (PII) but more commonly known as errors & omissions (E&O), is a form of liability insurance which helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are causes for legal action that would not be covered by a more general liability insurance policy which addresses more direct forms of harm. Professional liability insurance may take on different forms and names depending on the profession, especially medical and legal, and is sometimes required under contract by other businesses that are the beneficiaries of the advice or service.
Our policies provide comprehensive coverage on one policy for:
Professional Liability (Negligence)
General Liability to Third Parties
Libel & Slander
Infringement of Copyright
Unintentional Breach of Confidentiality
Unintentional failure to refer to Healthcare Service Provider $250,000
Sexual Harassment / Abuse $50,000
Products Liability including Remedies $100,000
Loss of Documents $250,000
PIPEDA Breach $25,000 / $50,000
Rescuers & Good Samaritan coverage included
Full retro coverage for previously insured services
Multi therapy coverage is available many at no additional charge
Teaching and Student coverage are available
Coverage for Animals is available for all therapies
We provide Therapist Professional Liability insurance at the most reasonable prices in Canada without having to pay broker fees, service fees or joining another association just to purchase their group policy. All policies are individual, premiums are annual and 100% retained. Policy is subject to a $1,000 Deductible (except some regulated sectors where deductible is NIL).
OUR POLICIES ARE INDIVIDUAL ANNUAL POLICIES (12 MONTHS) AND NOT PRO-RATED OR FOR SHORT TERMS.
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