Considering Excess Coverage?

Did you know that new customers to our Voluntary Excess Program (VEP) can apply for coverage anytime? While the policy period for the VEP runs from July 1st to June 30th, new applications can be received throughout the year. Applications submitted after July 31st will be prorated. Note: Cyber coverage cannot be prorated.

CLIA’s Voluntary Excess Program (VEP) provides the option of additional coverage limits of up to $35M per claim, with a $35M annual aggregate. The limits available under the VEP are $1M, $2M, $3M, $4M, $6.5M, $9M, $14M, $19M , $24M, $29M, and $34M excess of $1M.

See Overview of the CLIA Voluntary Excess Program for more information.

If you’re on the fence about whether you need excess insurance, factors to consider include:

• The type of transactions and the potential impact on your clients;

• The size and frequency of large transactions;

• Whether former associates and partners have coverage that is either inadequate or excludes their past activities; and

• Whether the impact of the advice you’ve provided (and therefore potential liability) may grow over time.

See Do You Need Excess Coverage? For more information.

If you are considering retirement and are wondering about your options, see Insurance Coverage for Retirees for more information.

To apply:

• Request a quote before you apply. 

• When you’re ready, Create An Account to access the application form.  

If you have any questions, please contact us at service@clia.ca.