Professional Liability Insurance

We provide professional liability insurance services in all Ontario, Canada.

Our goal is to focus on the need of Professionals. Getting the right Insurance is a must today. We provide liability insurance for over 100 professions Ontario wide!

Why buy Professional Liability Insurance? What is the cost?Professional Liability Insurance Ontario

The purpose behind purchasing a professional liability insurance policy is to protect yourself from future liability that may occur as a direct or indirect result of your services provided to clients or third parties. In the case of a lawsuit, clients that incur a loss come directly after the professionals responsible. A liability insurance policy protects you the professional in this case by providing a financial protection. As a professional, loses may be caused due to negligence, mistakes, or failure to deliver or other unexpected events. As a result, you may find yourself being involved in a lawsuit. Your defences costs (court costs) can be covered by your insurance policy. Law suits today can be extremely costly and can accumulate expenses that range in the $100,000’s, it is best to secure yourself today rather than suffer tomorrow.

The cost of a professional liability policy varies from profession to profession. As an example, a Yoga instructor pays $190 for the whole year for a million dollar coverage and an IT consultant pays anywhere from $600-$2,000. We quote you on an individual basis considering your exposures. This is what makes us one of the most competitive brokers in the market.


Please find the list of professions we commonly insure below:

Academic Testing Centres
Accident Investigation
Accident Prevention Consultants
Accountants
Actuaries
Adjusters
Adoption Agencies
Advertising
Advertising Agencies
Advertising Agents & Services
Aerial Mappers
Agents
Agrologists
Agronomists
Alarm Monitoring Services
Allied Health Professionals
Alternative Dispute Resolution Firms
Alternative Energy
Answering Services
Anthologist
Anthropologist
Appraisers
Arbitrators & Mediators
Arborists / Tree Surgeons
Archaeologists
Architects
Architects & Engineers
Architectural/Engineering technicians and technologists
Associations
Attorneys
Auctioneers, Auction Houses
Authors
Bailiffs
Blueprint & Photocopy
Boat Registrars
Bookkeepers
Broadcasters
Building Designers(Bill 124)
Business Brokers/Managers
Business Consultant
Business Enterprise Agencies
Business Training Courses
Cabling Designers
Camera & Photo Supply Stores
Careers Advisory Service
Catering Consultancy
Cereal Growing Advisors
Chambers of Commerce & Trade
Charities
Chiropodists
Chiropractors
Civil engineers
Claims Adjusters & Administrators
Collection Agencies
Commercial Printer
Communication Consultants
Company Formation
Company Search Agency
Conference & Event Management
Conference Facilities & Services
Conservation Consultants
Conservation Organizations
Consultants
Consumer Organisations
Contest Managers
Contractors Accountants
Convention Planners
Copywriters
Counselling & Advice Services
Court Reporters
CPA/CMA
Credit Reference Services/Bureaus
Custom House Broker
Customs & Forwarding Agents
Data Processing Services
Database Managers
Day Spas
Decorators – Interior
Dental Laboratories
Designers
Dieticians (Consulting)
Directors
Directors and Officers
Documentary creators
Employment Agencies
Employment Agencies/Recruiters
Employment Placement Agencies
Energy Audits & Assessments
Engineers
Environmental Engineers
Event Planners
Excess & Umbrella Liability
Filmmakers
Fitness Clubs
Foreign Legal Consultants
Holistic Professional
Home inspectors
Immigration Consultants
Independent Contractor
Industrial Designers
Information Technology 
Interior Designers
IT Contractor 
IT Specialist/Technician/Programmer 
Journalists
Lawyer’s Excess Professional Liability
Long Term Care
Management Consultants
Mediators
Medical Clinics
Medical Devices
Medical Professionals (Malpractice Insurance)
Medical Related
Medical Student Malpractice Insurance
Mortgage Brokers
Multimedia designers
Naturopaths
New Media
Occupational Health and Safety Consultants
Paralegals
Photographers
Placement Agencies
Podiatrists
Private Investigators
Process Servers
Product Designers
Professional Entertainers
Professional Organizer
Professionals Liability
Project Managers
Property Managers
Publishers
Publishers and Printers
Quality Control Consultants
Recruiters
Recruitment and Employment Agency
Recruitment Consultants
Research & Development
Roofing Consultants
Safety Engineers
Service Organizations
Solar & Wind Farm Engineers & Consultants
Spa Package
Structural Engineers
Sub-Contractor
Surveyors
Tax Prepares
Technology Companies
Therapist Professionals
Town / Urban Planners
Training Providers/Trainers
Translators etc.
Travel Agencies
Travel Agents
Travel Agents, Tour operators
Web Designers
Web-Site Designers
Workplace Engineers & Consultants


CGL vs PLI?

Professional Liability Insurance QuotesDo not mistake a CGL (Comprehensive General Liability) policy for a Professional liability insurance policy. They are DIFFERENT. CGL covers physical damages on your property and more. Professional liability covers you for liabilities that arise as a result of your profession. There is fine line that separates these two coverage. They are often bought by business owners who provide professional services and also have a physical businesses where clients come. An example would be an accountant who provides tax consulting and also has an office where clients come and visit to discuss their finances. Claims arise out of both physical and professional situations. It is best to insurance yourself with a combination of a PLI policy & CGL if you are a business owner.

Most industries today have a mandatory requirement through their governing bodies that require professionals to obtain a minimum liability insurance limit. Examples of these industries would be physicians, consultants, engineers, and more! You as a professional may find that the fine line between landing a contract with your client and losing the business is being adequately insured by a policy. We must also keep in mind that in some industries, not having liability insurance can violate the law while practising. What is Professional Liability Insurance?

Professional Liability Insurance for Consultants, Engineers, Accountants & its cost ?

Professional liability insurance for consultants is not just bought for ones peace of mind. The basic industry standards require individuals practising as consultants to maintain a minimum liability coverage limit which is usually over 1 million dollars. The clients today are more aware about the importance of dealing with professionals who are covered by an insurance policy. During a survey in Toronto, Canada, 100 consultants were asked the reasons behind their success and failures in their career. Over 35% of the professionals mentioned not being insured up to client requirements as a reason behind failing to land projects. The majority mentioned being insured with a good insurance company such as LLoyds of London, Intact Insurance as a key to client satisfaction.

Accountants today operate out of offices in the city down town or sometimes from a small room in their basement. Location being a high end office or a room in a house, the chance of getting a lawsuit?????????????????? from a client does not change. We must keep in mind, its your services that can cause damages, not the location. It is often misunderstood by professionals that Accountants Liability insurance is not necessary. This is absolutely incorrect! If you are a professional who offers services for a cost or voluntarily, your actions/services/outcomes can potentially cause financial damages to other parties. When such a situation occurs, there is usually a very direct outcome; being served with a lawsuit. If you are a business owner who operates from home and provides accounting services, you must buy professional liability coverage to protect yourself from financial loss with insurance as your shield. Not only may you be covered for the amount of the lawsuit up to the policy limit, you may also opt to have a coverage which shields you from the lawyer costs that incur while defending or representing you in court.

Quoting process – Example: Engineers Liability Insurance

Every time we get a call from an Engineer, the first question always asked is something like, “Can you please give me a quote for a civil engineer”? We understand your needs and want to provide you the best and lowest quote ASAP. Saying that, we must keep in mind that there is a process to quoting professionals. There are 2 types of quotes, the pre-determined prices for which we can provide in seconds & the others that we have to quote on case by case basis. Although sometimes quotes are not available the right second demanded, we can always provide you details of the coverage that you will receive. This gives you an idea of the policy coverages you will receive along with a ball park premium range. 

When we receive a request from lets say an Engineer, the first step we do is process it with our in house liability insurance underwriters. The step following that is marketing your submission to our major insurers to obtain a custom quote. Keep in mind, we place millions of dollars in business with these insurance companies so we do get special rates! Once we receive multiple quotes (The turn around time is between 1-3 days), our commercial department analyses and provides your broker a proposal which contains the best coverage for the lowest premium. If you agree and are comfortable with the proposal, we proceed to binding your insurance which can be done within a few hours.

Why Chose us?Engineer professional liability insurance

We have been in the industry for many years! This has allowed us to building extremely profitable relationships with Canada’s leading insurance companies. We have been contacted for THOUSANDS of policies across Canada and arrange insurance from single individuals to groups containing more than 12,000 members. We can get you special rates and fast turn around time on policies! Get your professional liability insurance policy through us today!


Refer to our list of professions that we commonly arrange insurance for on the right. If you professional is not listed, contact us Toll Free 1.888.480.7677. We can arrange a custom Professional Liability Insurance Canada policy just for you!

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