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LAWPRO Magazine: 2020 October – Insurance Issue 2021
In This Issue of LAWPRO Magazine
Your 2021 insurance program: Expanded coverage; easy renewal
Quick summary of changes: Innocent Party coverage now provided to all insureds Base premium for 2021: $3,000 No change to transaction levies Simplified one-click renewal process Consolidated renewal deadlines and reduced late filing surcharges What is new for 2021? The 2021 E&O program focuses on expanding the availability of coverage for claims involving vicarious liability,… Read More »
2021 insurance coverage for lawyers in private practice, sole practitioners and lawyers in association or partnership
The base program Eligibility: Required of all lawyers¹ providing services in private practice.² Coverage limit: $1 million per claim/$2 million in the aggregate (i.e., for all claims made in 2021), applicable to claim expenses, indemnity payments and/or costs of repairs together. Standard deductible: $5,000 per claim, applicable to claim expenses, indemnity payments and/or costs of… Read More »
2021 insurance coverage for exempt lawyers
in-house corporate counsel government lawyers, educators and others not in active private practice retired lawyers, estate trustees, emeritus lawyers, judges and others no longer practising law legal aid clinic lawyers (not directly employed by Legal Aid Ontario) lawyers who engage in only occasional practice in Ontario and are resident in a Canadian jurisdiction other than… Read More »
Frequently Asked Questions Regarding Renewing Your Coverage for 2021
Q. How do I renew my insurance coverage? A. Filing your renewal application online is quick and easy: 1) Go to lawpro.ca and click on the yellow “LOGIN” box on the right side of the page 2) Log in with your Law Society number and confidential online password. If you cannot remember that password or… Read More »