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LAWPRO Magazine: 2022 October – Insurance Issue 2023
In This Issue of LAWPRO Magazine
Your 2023 program: Continuing stability with minor changes
For the 2023 Primary Program, LAWPRO has focused on keeping premiums as low as possible despite rising claims and operational costs associated with the current economic environment, enhanced coverage, and improving the customer experience. These improvements include automatic exemption from the transaction levy filing requirements for lawyers on the Restricted Area of Practice premium discount…. Read More »
Frequently asked questions regarding renewing your coverage for 2023
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 »
Lawyers in private practice sole practitioners and lawyers in association or partnership in 2023
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 2023), applicable to claim expenses and/or indemnity payments (some exceptions apply).3 Standard deductible: $5,000 per claim, applicable to claim expenses and/or indemnity payments… Read More »
2023 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 »