Last Minute Excess Coverage Info
CLIA Products Melanie Hodges Neufeld CLIA Products Melanie Hodges Neufeld

Last Minute Excess Coverage Info

Only a few days left to renew your excess coverage! If you are an existing customer, the renewal period is open until June 30th, 2024. If you are a new customer, applications can be submitted until July 31st, 2024.

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Excess Coverage for Solo Practitioners and Small Firms
CLIA Products Melanie Hodges Neufeld CLIA Products Melanie Hodges Neufeld

Excess Coverage for Solo Practitioners and Small Firms

As a solo practitioner or small firm, you may not think you need higher insurance limits because of your size. However, the amount of coverage you need is dependent on many factors, not just the size of your practice. The information below will help you understand your mandatory coverage through your law society and the additional excess coverage that is available to you.

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Do You Need Excess Coverage After Retirement?
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Do You Need Excess Coverage After Retirement?

As a retiree, you remain responsible for work performed prior to retirement. Although mandatory insurance coverage applies as long as the occurrence took place during the period in which the member was insured, excess coverage does not apply.  Like most liability policies, our excess liability program is “claims made”, meaning insurance needs to be in place when a claim is made and not when the work is done.

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Thinking About Excess Cyber Coverage?
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Thinking About Excess Cyber Coverage?

If you use the internet in any capacity, you and your law firm are targets for a cyber-attack. Cyber-attacks are unwelcome attempts to steal, expose, alter, disable, or destroy information through unauthorized access to computer systems.  Cyber insurance provides coverage for lawyers and law firms who may fall victim to a wide range of cyber-attacks.   

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Do You Need Excess Insurance?
CLIA Products Melanie Hodges Neufeld CLIA Products Melanie Hodges Neufeld

Do You Need Excess Insurance?

Excess insurance provides another layer of security should your defence and indemnity costs exceed the primary mandatory limits. As the value of client’s transactions increases over time, so too does the need to secure adequate levels of Errors and Omissions (E&O) insurance. One large claim could quickly erode the primary policy, leaving you or your firm exposed to significant personal liability.

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