Who needs professional liability insurance in Ontario?
Consultants, healthcare providers, designers, IT professionals, accountants, engineers, and any service provider offering advice or specialized work.
Professional Liability Insurance in Ontario
Errors & Omissions, Directors & Officers and Umbrella Insurance
Our job is to help protect you against potential allegations and claims from clients and parties who feel they have been harmed by your actions (or inactions) as a result of hiring you to provide them with professional services.
We know that even when such claims are frivolous the cost to defend yourself or your business can be financially crippling if you are not properly insured.
That’s why we work with leading E&O & D&O insurance markets to bring you the features and coverages you can depend on.
Professional Liability (Errors & Omissions)
Professional liability policies insure different exposures that are not covered under the general liability policy. The focus of the professional liability policy is to provide payment for damages arising out of the rendering or failure to render professional services. A professional is someone who possesses or claims to possess the special knowledge and skill necessary to render a professional service. When that knowledge or skill is deficient and financial or other injuries result a claim for damages may be initiated against the professional.
Examples of professionals with this expose include but are not limited to dentists, doctors, pharmacists, lawyers, accountants, and real estate agents.
Directors & Officers
Can be purchased by boards of directors to protect against liability arising out of the failure to properly exercise their legal duties.
Umbrella Policies
The liability policies purchased by the business may not address the complete liability insurance needs of all business owners. Problems include inadequate limits or inadequate coverage. An umbrella policy can solve these problems by providing the insured with both additional limits as well as broader policy coverages.
Let James Campbell Insurance Help You With Your Insurance Today
At James Campbell, we put you first. Our clients are our top priority and the backbone behind everything we do.
We can help provide you with protection from insuring your first car, your first home or business or even giving you protection during your retirement travels. Whatever you need coverage for, we’ve got your back. We will make sure that you are ready to live a life free of stress or worry so you can focus on life’s important moments each and every day.
James Campbell Insurance Brokers have been taking care of our members for over 40 years. This is why we are able to make insurance easy by offering you the right solutions at the right times. Our solutions are tailored to fit your individual needs, no matter what they may be.
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Consultants, healthcare providers, designers, IT professionals, accountants, engineers, and any service provider offering advice or specialized work.
Alleged errors, omissions, missed deadlines, breach of professional duty, and resulting financial damages to clients.
Umbrella policies often extend general liability and auto, not professional liability. Higher E&O limits are purchased within the E&O policy itself.
General liability focuses on bodily injury and property damage. If your risk is advice-based financial loss, you need E&O.
Share your services, contracts, revenues, claims history, and desired limits. We compare leading carriers and present clear options.