A. Our policies have the option to cover this if you are working online. In addition, working online brings additional exposure and we recommend that you also purchase the optional Cyber Liability coverage.
A. Our program is effective with certain Underwriters at Lloyd’s. Holman is proud to be a Lloyd’s Coverholder for 38 years.
Lloyd’s is the world’s leading insurance market providing specialist insurance services to businesses in over 200 countries and territories and was first established in 1688 in London England. Lloyd’s Underwriters have provided insurance coverage in Canada since before Confederation. They are amongst the largest providers of commercial insurance and reinsurance coverage in Canada, insuring businesses large and small. Lloyd’s has built its success in Canada on its appetite for large and specialty risks and the flexibility it brings to its underwriting approach. To find our more about Lloyd’s click on the image below.
A. While the professional liability covers you for the rendering or failure to render professional services, commercial general liability is extended to cover claims for bodily injury, personal injury and property damage to others for which you are legally liable. Commercial General Liability insurance provides protection for Mediators for non professional liability exposures associated with serving clients. For example, the liability for clients falling and being injured on your premises or in your office.
Commercial General Liability also extends to include such coverage as libel, slander, wrongful eviction and defamation.
A. A “claims made” policy protects the policyholder against claims or incidents that are reported while the policy is in force, or during an “extended reporting period”. The negligent act, error or omission must have also occurred during the specific time frame set by the policy.
A. An Occurrence policy protects you against incidents that occur while the policy is in force, regardless of when the claim is reported. A Claims Made policy protect you against claims that are made or reported during the policy period regardless of when the claim actually happened.
A. THINK AGAIN! Take some time to read the following and act appropriately!
You should know that your employer’s legal representation and insurance coverage are in place to protect your employer from liability, and to protect the best interests of your employer first and foremost, regardless of whether those interests are in conflict with yours. A private professional liability insurance policy protects you; it covers you in the case of an error or negligent act and ensures that you have personalized legal assistance and protection from liability exposure.
When you are an employee of a firm, e.g. a school board, hospital, non-profit, your employer is responsible for your actions. However, should the limits of your employer’s insurance be insufficient to meet the settlement of a claim in which you are a codefendant, your personal assets could be at risk. Private professional liability insurance protects your personal assets, provides for your legal defence and ensures that there are adequate funds available for settlements and compensation.
There are other instances in which your employer’s insurance may not cover you. For example:
- a complaint made to your college or professional association
- complaints and investigations by Children’s Aid, police, regulatory bodies
- in the event you are charged with a crime related to your work
Every service professional should be aware that their employer’s liability insurance may not provide them with adequate protection should they ever need it.
All mediators and service professionals should consider obtaining private insurance coverage.
A. No, we cannot accept renewals over the phone. Every year you are required to update your renewal application. You then have the option of faxing/emailing or mailing us your professional liability renewal form.
A. Our policy provides liability insurance coverage Canada-Wide. We can cover you for special circumstances outside of Canada if you have temporary work outside of Canada for a number of other reasons.
- Rates are published in our application. However, we recognize that members want to buy their insurance quickly and simply. That is why our insurance policy is backed up by exceptional service levels featuring:
Complete applications with payment are processed within 48 hours with the exception for those with claims.
We fast-track service for urgent submissions
Confirmation of Insurance is provided within 48 business hours of binding.
A. Yes, the policy covers you to work at or from any location within Canada. This includes your home, and the coverage is not restricted in any way by working from home. However you may find that your homeowners insurance company may restrict or invalidate your home insurance if you have business visitors to your home. If this is the case, don’t worry, Holman Insurance Brokers Ltd. has a special Homeowner’s insurance policy which will cover you to see clients at home.
A. You should notify us immediately, even if you only think you might need to make a claim. We are here to help and quick action could mitigate costs or even prevent a claim. Equally, if you have a routine query on which you would like our opinion, we are always happy to help. Please see “Report a Claim”.
A. Remember professional liability policies are written on a “claims made basis”. Once you lapse or cancel your policy you will no longer have coverage for work that has been performed in the past. To solve this problem we can provide ‘run-off’ or extended reporting coverage. If you take out this cover, if any claims come in after you have retired, they will be covered if they arise from your business activity while you had coverage in effect. This cover would ensure that any late claims are still covered while the extended reporting coverage is in effect. You must contact us (or your Estate) to arrange this cover, and a charge will apply.
A. No, it is not correct. A fee, however, does establish that a contract is in place and can help protect the rights of both the patient and the practitioner.
A. Please see “Make A Payment”. We have may options available for you to pay for your premiums with the exception of credit cards.