« Return to LAWPRO Magazine
LAWPRO Magazine: 2016 October – Insurance Issue 2017
In This Issue of LAWPRO Magazine
Program changes for 2017
Quick summary: Base premium for 2017: $2,950 (reduced from $3,350) Your coverage while working on secondment Lawyers employed by designated government agencies Reports to the Law Society of Upper Canada Auto-renewed policies to reinstate certain coverage options Base premium reduced For 2017, the base premium will be set at $2,950 per member, a reduction of… Read More »
2017 coverage for lawyers in private practice
Standard insurance coverage The base program Eligibility: Required of all lawyers1 providing services in private practice.3 Coverage limit: $1 million per claim/$2 million in the aggregate (i.e., for all claims made in 2017), applicable to claim expenses, indemnity payments and/or costs of repairs together. Standard deductible: $5,000 per claim, applicable to claim expenses, indemnity payments… Read More »
2017 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 »
On parental leave from your private practice? Relax, you’re covered
Lawyers about to become parents sometimes ask about their coverage while on parental leave. The answer is simple: if a lawyer was in private practice before taking the leave and was covered under the Program policy, and then suspends private practice for “family (or illness) reasons” (with intention to return) for up to five years,… Read More »