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The coverage provided under The Lawyers Excess Professional Liability Program has been created to meet the specific needs of the Canadian Legal Industry. Some of the highlights include: - This is a Professional Liability policy (sometimes know as an Errors and Omissions policy). It covers you in your capacity as a lawyer.
- It is an "excess" policy, which means it sits on top of your mandatory policy and provides at least the same terms and conditions as the "underlying" wording.
- Coverage is for all lawyers in your firm, acting in their professional capacity. This allows for simple administration of the coverage and reduces the fear of one of your lawyers not being covered due to an administrative error.
- It is a broad "manuscript" wording—this means that is has been uniquely written for this program and the legal environment in which you operate. Via this process we have included additional coverage, such as personal liability (which covers risks such as libel and slander), which may not be provided by the mandatory policy.
- It allows for limits up to $69 million.
- We offer payment plans and financing options. This allows your firm flexibility.
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