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LAWPRO Magazine: 2018 September – Insurance Issue 2019
In This Issue of LAWPRO Magazine
Quick summary of 2019 policy and key dates
Base premium unchanged for 2019: $2,950 No change to transaction levies Default period reduced to 60 days Reinstatement fee increased to $300 Use of Designated Agencies discount expanded to consider proposed Civil Society Organizations How to renew your insurance You need to renew your insurance for the 2019 year. It will not happen automatically. Visit… Read More »
Your 2019 program: Stable premiums, reliable insurance
Base premium stable LAWPRO is pleased to report that the base premium for 2019 will remain unchanged at $2,950. As in previous years, there is no need to change the premium as our claims management and cost containment efforts, together with investment income, are expected to cover projected claims costs. No change to transaction levies… Read More »
Frequently asked questions regarding renewing your coverage
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 hand side of the page 2) Log in with your Law Society number and confidential online password. If you cannot remember that password… Read More »
2019 insurance coverage for lawyers in private practice, sole practitioners and lawyers in association or partnership
Standard insurance coverage 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 2019), 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 »
2019 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… Read More »