Errors & Omissions Liability Insurance for Financial Advisors

Size: px
Start display at page:

Download "Errors & Omissions Liability Insurance for Financial Advisors"

Transcription

1 LIBERTY INTERNATIONAL UNDERWRITERS Errors & Omissions Liability Insurance for Financial Advisors TM - Liberty Mutual Insurance Company

2 Policy Number: FITO Renewal of: FITO Errors & Omissions Liability Insurance for Financial Advisors For the purpose of the Insurance Companies Act (Canada) this document was issued in the course of the Liberty Mutual Insurance Company's insurance business in Canada. DECLARATIONS This is a claims made policy. This policy covers only Claims first made against an Insured during the Policy Period and reported to Liberty Mutual Insurance Company (hereinafter referred to as the Insurer ) during the Policy Period. Please read the attached policy terms carefully. Item 1 NAME AND ADDRESS OF POLICYHOLDER: Advocis Protective Association 390 Queens Quay West, Ste. 209 Toronto, Ontario M5V 3A2 (hereinafter referred to as APA ) Item 2 CERTIFICATE HOLDER: As further defined in the policy Item 3 FIRM OR SPONSORING ORGANIZATION: As further defined in the policy Item 4 ADDRESS: As stated on each individual Certificate of Insurance Item 5 POLICY PERIOD: For each individual Certificate of Insurance incepting between January 1, 2013 and January 1, 2014 at 12:01 a.m. local time at each Insured s mailing address. 1 3 Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

3 Policy Number: FITO Renewal of: FITO Errors & Omissions Liability Insurance for Financial Advisors Item 6 INSURED DEDUCTIBLE: Coverage A exempt market product Claims $5,000 each Claim Coverage A all other Claims $0 each Claim Coverage B all Claims $5,000 each Claim Coverage C all Claims $1,000 each Claim Coverage D licensed administrative assistant claims $0 each Claim Item 7 APA DEDUCTIBLE: As determined in Section II. Item 8 LIMIT OF LIABILITY: Coverage A As shown on each individual Certificate of Insurance Coverage B As shown on each individual Certificate of Insurance Coverage C As shown on each individual Certificate of Insurance For Coverage B and C, defence expenses and supplementary payments shall be part of and not in addition to the applicable Limit of Liability shown on each individual Certificate of Insurance. Coverage B and C are subject to a shared $50,000,000 policy aggregate for all Insureds. Coverage D $1,000,000 each Claim $1,000,000 aggregate per Policy Period (higher where mandated by Provincial regulations, and as stated under individual Certificates of Insurance) Where coverage exists under another Certificate Holder's Certificate of Insurance for either Coverage A or B, as described under Section VI, C. 1. and C. 2., that Limit of Liability and Deductible shall apply. 2 3 Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

4 Policy Number: FITO Renewal of: FITO Errors & Omissions Liability Insurance for Financial Advisors Item 9 PREMIUM: As stated in each individual Certificate of Insurance Item 10 RETROACTIVE DATE: As stated on each individual Certificate of Insurance Item 11 APA DEDUCTIBLE FUND CONTRIBUTIONS: As stated on each individual Certificate of Insurance Item 12 ENDORSEMENTS: 1. Quebec Regulatory Endorsement 2. Ontario Regulatory Endorsement 3. Newfoundland & Labrador Regulatory Endorsement 4. Manitoba Regulatory Endorsement 5. Nova Scotia Regulatory Endorsement 6. Saskatchewan Regulatory Endorsement 7. Prior Knowledge Exclusion Endorsement 8. Disciplinary Defence Costs Extension 9. Alberta Regulatory Endorsement This policy (consisting of the Declarations, the applicable application, the attached policy terms and the endorsement(s) referred to in Item 12) is valid only if, in addition to the facsimile signature of the President of Liberty Mutual Insurance Company, it is dated and signed below by a duly authorized representative of Liberty Mutual Insurance Company. Authorized Representative of Liberty Mutual Insurance Company October 30, 2012 Date 3 3 Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

5 Errors & Omissions Liability Insurance for Financial Advisors POLICY TERMS (Words and expressions printed in Bold are defined in Section VI in this policy) The Insurer, in consideration of the payment of the premium and in reliance upon the statements and declarations made in the application and subject to all of the terms of this policy, agrees with the Policyholder and the Insured as stated in each individual Certificate of Insurance, as follows: SECTION I INSURING AGREEMENT. In consideration of the premium paid by the Insured, and provided the Insured is subscribing to this policy at the time the Claim is first made, the Insurer does hereby agree to pay on behalf of the Insured any Loss sustained by the Insured in excess of the applicable individual Insured Deductible specified in Item 6 of the Declarations and the applicable APA Deductible specified in Item 7 of the Declarations, and within the Limit of Liability specified in Item 8 of the Declarations, by reason of liability imposed by law for Damages caused by any negligent act, error, omission or breach of duty in the rendering of Professional Services by the Insured with respect to Claims first made against the Insured and reported to the Insurer during the Policy Period, and which took place on or after the Retroactive Date specified in Item 10 of the Declarations. DETERMINATION OF THE APA DEDUCTIBLE SECTION II As respects any Claim first made against the Insured and reported to the Insurer during the Policy Period, the APA Deductible in respect of that Claim shall be equal to the lesser of: (a) one hundred thousand dollars ($100,000) less the individual Insured Deductible; and (b) the Policy Year Aggregate Limit. SECTION III DEFENCE AND SETTLEMENTS. The Insurer, in the Insured's name and on his or her behalf, shall have the right and duty to investigate, defend and conduct settlement negotiations in any Claim for which coverage is provided under the terms of this policy. The Insurer or its delegate shall not settle any Claim without the consent of the Insured. Should the Insured refuse to consent to any settlement recommended by the Insurer and elect to contest the Claim, or continue any legal proceedings in connection with such Claim, the Insurer's liability for the Claim shall not exceed the amount in excess of the individual Insured Deductible and the APA Deductible for which the Claim could have been so settled, or the applicable Limit of Liability, whichever is less, plus the costs and expenses incurred with the Insurer s consent up to the date of such refusal. The Insured shall not admit liability for, or make any voluntary settlement, or incur any costs or expenses in connection with any Claim involving payment by the Insurer, except with the written consent of the Insurer Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

6 Errors & Omissions Liability Insurance for Financial Advisors SECTION IV DEFENCE EXPENSES AND SUPPLEMENTARY PAYMENTS. With respect to such insurance as is afforded by this policy the Insurer shall pay in addition to the applicable Limit of Liability, except as otherwise specified in the Declarations: A. all Legal Expenses incurred in the defence of any Claim against the Insured alleging such negligent act, error or omission, and seeking Damages on account thereof, even if such Claim is groundless, false or fraudulent; B. all premiums on bonds to release attachments and appeal bonds, limited to that portion of such bond that does not exceed the Limit of Liability of this policy, but without any obligation to apply for or furnish such bonds; C. all costs taxed against the Insured in any Claim and all expenses incurred by the Insurer; D. all interest accruing after the entry of judgment, but only for that portion of the judgment which does not exceed the applicable Limit of Liability, until the Insurer has tendered or paid such part of such judgment as does not exceed the Insurer's Limit of Liability thereon; E. all reasonable Legal Expenses incurred by the Insured at the Insurer's request in assisting the Insurer in the investigation and defence of any Claim, other than loss of earnings. SECTION V LIMIT OF LIABILITY AND DEDUCTIBLE. The liability of the Insurer for the Loss on account of each Claim first made against the Insured and reported to the Insurer, (1) during a Policy Period, or (2) during that Policy Period together with the Extended Reporting Period, in either case, irrespective of the number of Insureds covered hereunder, shall be limited to the amount stated in each individual Certificate of Insurance. Multiple Insureds, Claims or claimants: The inclusion herein of more than one Insured or the making of Claims by more than one person or organization shall not operate to increase the Insurer s Limit of Liability. Two or more Claims arising out of a single act, error or omission or a series of related acts, errors or omissions shall be treated as a single Claim. All such Claims, whenever made, shall be considered first made and reported to the Insurer during the Policy Period or Extended Reporting Period in which the earliest Claim arising out of such acts, errors or omissions was first made and all such Claims shall be subject to the same Limit of Liability. The Limit of Liability, as stated in each individual Certificate of Insurance, shall apply in excess of the APA Deductible subject to the Policy Year Aggregate Limit and the individual Insured Deductible. The APA Deductible and the individual Insured Deductible, as stated in each individual Certificate of Insurance, shall apply to Loss under each Claim instituted against the Insured. Should the Insurer, for any reason, pay the entire amount of Loss (excluding the individual Insured Deductible) without regard to the APA Deductible, the Policyholder will reimburse the Insurer within 45 days of the Insurer s request for such reimbursement for that part of the APA Deductible which has been paid by the Insurer. In the event that the Policy Year Aggregate Limit has been depleted in full, the Insurer shall agree to pay the entire amount of the Loss covered hereunder subject only to the individual Insured Deductible Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

7 Errors & Omissions Liability Insurance for Financial Advisors SECTION VI DEFINITIONS. As used in this policy, the following words or expressions, in the singular or plural, shall mean: A. the term Insured shall mean: 1. a Certificate Holder who is a licensed life insurance agent or licensed accident and/or sickness agent or licensed mutual fund agent registered with the Mutual Fund Dealers Association; 2. a Certificate Holder who is a securities registrant, including a representative registered with the Investment Industry Regulatory Organization of Canada to sell mutual funds; 3. a Certificate Holder who is an exempt market dealing representative registered under National Instrument and who is also a Certificate Holder under paragraphs A. 1. or A. 2. above. 4. a Certificate Holder who is an unlicensed fee-only representative who provides financial service and advice as covered elsewhere by this policy, but, does not sell any financial products or investments for which a license is required; 5. a Certificate Holder who is a licensed administrative assistant, but only with respect to administrative duties and clerical support provided to an Insured who is not a licensed administrative assistant; 6. any employee of the Certificate Holder solely while acting within the scope of their duties as such, however, such coverage shall not apply to any person employed by or associated with the Insured who is licensed by any insurance or other regulatory authority to sell life or accident & sickness insurance, investments or securities; 7. the legal heirs, executor, administrator, assignee or legal representative of an Insured in the event of the Insured s death, incapacity or bankruptcy provided the Insured is subscribed to this policy at the time of his/her death. Coverage will only be provided for acts, errors or omissions committed prior to his or her death; 8. a Firm, but only to the extent of its vicarious liability, with respect to a Certificate Holder s activities specified in Section VI, Part C. and provided such Certificate Holder continues subscribing to this policy or any subsequent renewal thereof; 9. any manager or supervisor of an Insured, but only as respects such manager s or supervisor s liability as it might arise out of the Insured s activities specified in Section VI, Part C.; or 10. a Personal Corporation owned solely by the Certificate Holder or jointly by the Certificate Holder and their spouse, but only as respects its liability as it might arise out of the Certificate Holder s activities specified in Section VI, Part C Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

8 Errors & Omissions Liability Insurance for Financial Advisors B. the term Certificate Holder shall include any Insured who has paid the applicable Premium as stated in Item 9 of the Declarations. C. the term Professional Services shall mean: 1. Coverage A those activities related to the conduct of the business of a licensed life insurance agent or licensed accident and/or sickness insurance agent or a representative registered with the Mutual Fund Dealers Association of Canada to sell mutual funds, including: i. activities relating to the sale of life insurance, insurance annuities, accident and sickness insurance and hospitalization or medical insurance policies and group benefit administration service agreements; ii. activities related to the sale of variable annuities and variable life insurance contracts providing for participation in life insurance company segregated investment accounts; iii. activities relating to estate plans, personal financial plans, employee benefit plans, group plans, pension plans (including Registered Retirement Savings Plans and Registered Retirement Income Funds), profit sharing plans, retirement annuities, life health and disability plans, including guaranteed investment funds to any of the foregoing. Such guaranteed investment funds, as used herein, refer to funds consisting of property insured by the Canadian Deposit Insurance Corporation, other than insurance contracts such as investment vehicles of banks and trust companies; iv. activities relating to the sale of mutual funds and guaranteed investment contracts; v. for those Certificate Holders who have paid the applicable additional annual premium specified below, activities relating to and including the sale of Exempt Products as an exempt market dealing representative registered under National Instrument However, coverage is limited to sale of Exempt Products through exempt market dealers who are approved by the Insurer. Exempt Product Limit of Liability 1 $1,000,000 each Claim $2,000,000 per Policy Period $2,000,000 each Claim $2,000,000 per Policy Period $3,000,000 each Claim $3,000,000 per Policy Period Additional Annual Premium $400 $460 $640 1 Exempt Product Limit of Liability is part of and not in addition to the Certificate Holder s Limit of Liability for Coverage A as specified in Item 8 of the Declarations and in no event shall such Exempt Product Limit of Liability exceed the Limit of Liability for Coverage A as specified in Item 8 of the Declarations. vi. for those Certificate Holders who have paid the applicable additional annual premium specified below, activities relating to and including the sale of Exempt Products as an exempt market dealing representative registered under National Instrument Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

9 Errors & Omissions Liability Insurance for Financial Advisors Exempt Product Limit of Liability 1 $250,000 each Claim $500,000 per Policy Period $500,000 each Claim $1,000,000 per Policy Period Additional Annual Premium 1 Exempt Product Limit of Liability is part of and not in addition to the Certificate Holder s Limit of Liability for Coverage A as specified in Item 8 of the Declarations vii. activities relating to and including sales management or supervisory activities by Insureds in the activities referenced in i. through iv. above; or activities relating to and including sales management or supervisory activities over individual Insured(s) in the activities referenced in v and vi. above. 2. Coverage B (A) Those activities related to a securities registrant registered with the Investment Industry Regulatory Organization of Canada, including: i. activities relating to and including the sale of mutual funds; ii. activities relating to and including the sale of securities; iii. activities relating to and including the sale of Exempt Products as an exempt market dealing representative registered under National Instrument However, coverage is limited to sale of Exempt Products through exempt market dealers who are approved by the Insurer. iv. for those Certificate Holders who have paid the applicable additional annual premium specified below, activities relating to and including the sale of Exempt Products as an exempt market dealing representative registered under National Instrument $200 $300 Exempt Product Limit of Liability 1 $250,000 each Claim $500,000 per Policy Period $500,000 each Claim $1,000,000 per Policy Period Additional Annual Premium $200 $300 1 Exempt Product Limit of Liability is part of and not in addition to the Certificate Holder s Limit of Liability for Coverage B as specified in Item 8 of the Declarations v. activities relating to and including sales management or supervisory activities by Insureds in the activities referenced in i. through iii. above; or activities relating to and including sales management or supervisory activities over individual Insured(s) in the activities referenced in iv. above Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

10 Errors & Omissions Liability Insurance for Financial Advisors (B) Those activities of a Certificate Holder relating to: i. preparation of income tax returns; ii. preparation of review engagements or notice to readers for financial statements which are incidental to the completion of income tax returns on behalf of sole proprietors and single shareholder corporations only; iii. services and advice in his/her capacity as an Executor of estates; iv. services and advice in his/her capacity as a Notary Public or equivalent as defined by Provincial Statute; v. services and advice in his/her capacity as a Commissioner of Oaths as defined by Provincial Statute; vi. services and advice in his/her capacity as a Certified Divorce Financial Analyst (CFDA) or Financial Divorce Specialist (FDS); however, coverage will not apply to the rendering of any services or advice relating to the valuation of real or personal property other than service or advice on such matters as are specifically afforded coverage under this policy; vii. activities relating to and including sales management or supervisory activities over individual Insured(s) in the activities referenced in i through vi. above. 3. Coverage C those activities outlined below, relating to an unlicensed fee-only representative: i. activities relating to services provided by an unlicensed Insured in the providing of financial advice for a fee and for which a license is not required. ii. activities relating to and including sales management and supervisory activities over individual Insured(s) in the activities referenced in i. above. 4. Coverage D those activities outlined below, relating to a licensed administrative assistant: i. activities relating to the sale of life insurance, annuities, accident and sickness insurance and hospitalization or medical insurance policies. D. the term Loss shall include such amounts payable by the Insured in settlement of Claims or in satisfaction of judgments including Legal Expenses. Loss shall not include fines, penalties, punitive or exemplary damages; E. The term Claim shall mean: 1. the earliest notice of legal process received by the Insured, the earliest demand for money or services made against the Insured in respect of Professional Services; 2. a proceeding, event or development which could in the future reasonably result in the institution of a Claim against the Insured in respect of Professional Services of which the Insured has first become aware during the Policy Period. F. the term Firm shall mean any agency, corporation, partnership or other organization through which one or more Insured(s) is or was doing business or is or was employed Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

11 Errors & Omissions Liability Insurance for Financial Advisors G. the term Policyholder shall mean the Advocis Protective Association, a wholly-owned subsidiary of The Financial Advisors Association of Canada, named under Item 1 of the Declarations. H. the term Sponsoring Organization shall mean the corporate group responsible for the management of its agents' plan and named under Item 3 of the Declarations. I. the term Relative shall mean any persons related to an Insured by marriage or adoption, including spouses, parents, children, stepparents, stepchildren, grandparents, grandchildren, siblings and stepsiblings. J. the term Legal Expenses shall mean fee(s) charged by a lawyer(s) designated by the Insurer, and all other fees, costs and expenses resulting from the investigation, adjustment, defence, and appeal of a Claim incurred by the Insurer. Legal Expenses does not include salary charges of an Insured. K. the term Exempt Products shall mean Guaranteed Investment Certificates that are not insured by the Canada Deposit Insurance Corporation and Exempt Securities. L. the term Exempt Securities shall mean Linked Notes, Principal Protected Notes, Structured Notes, Labour Sponsored Investment Funds, Flow Through Shares, Hedge Funds and any products exempt from the prospectus requirement as determined in the Securities Act in each applicable province. M. the term Damages shall mean compensatory damages, including applicable pre-judgment and postjudgment interest. Damages does not include fines, penalties, punitive or exemplary damages. N. the term Policy Period shall mean the policy term as stated in Item 5 of the Declarations. O. the term Personal Corporation shall mean a corporation owned by an Insured solely or jointly with his or her spouse, which has no licensed agents or unlicensed agents and such corporation does not conduct any business independent of the Insured. P. the term Policy Year Aggregate Limit shall mean: 1. the sum of all APA Deductible Fund Contributions which are or will be deposited in the APA deductible fund trust for the applicable Policy Period; less 2. the sum of all APA Deductible amounts paid for Claims made during the applicable Policy Period, but in no event shall the amount calculated above be less than zero. SECTION VII EXCLUSIONS. This policy does not apply to any Claim: A. arising out of act, error, omission, or breach of duty which are fraudulent, dishonest, criminal or malicious. However, the Insured shall be reimbursed for reasonable Legal Expenses incurred by the Insured in the defence of such Claim if such allegations are not subsequently proven through final non-appealable judgment or adjudication. This exclusion does not apply to any Insured who is neither the author, nor an accomplice of, the said act, error, omission or breach of duty; 7 13 Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

12 Errors & Omissions Liability Insurance for Financial Advisors B. arising out of bodily injury (including libel, slander and violation of a persons right of privacy) to, or sickness, disease or death of any person arising out of the acts of the Insured; C. arising out of injury to or destruction of any property, including the loss of use thereof; D. arising out of any liability assumed by the Insured under contract, unless the Insured would have been legally liable in the absence of such contract; E. arising out of the financial inability to pay, insolvency, receivership, bankruptcy or liquidation of any insurance company, any reinsurer, any pool, syndicate, association or other combination formed for the purpose of providing insurance or reinsurance or of any firm or organization in which any person has invested as a result of consultation with the Insured; F. arising out of professional services performed by the Insured as an actuary, accountant, lawyer, property and casualty insurance agent, property and casualty insurance broker, real estate agent or real estate broker; G. arising out of commissions, taxes, fees, or the failure to collect, pay or return premium or the comingling or use of client's funds; H. arising out of the Insured's promises or guarantees as to: 1. interest rates; 2. fluctuations in interest rates; 3. future premium payments; 4. market value(s) of the insurance or investment products; or 5. currency or commodity values; I. arising out of the termination or discipline of any employee or agent of the Insured, including, but not limited to, wrongful termination or breach of an employment or agency contract; J. arising out of any pension, profit sharing, health or welfare or other employee benefit plan or trust sponsored by the Insured as an employer; K. based solely on the Insured's status as a named fiduciary or under power of attorney; except as provided for elsewhere under this policy; L. arising out of the unauthorized use of trade secrets or confidential or proprietary information or insider trading; M. brought against the Insured by any securities broker/dealer, investment company, bank, life insurance company or any financial institution, except in the capacity as a customer or client; N. arising out of the provisions of or any duties imposed upon any person by any federal, provincial or state statute or regulation of Canada or the United States which governs or regulates pension or retirement plans; O. arising out of the activities of the Insured in the hiring, supervision, training or control of employees, except as covered elsewhere under this policy; 8 13 Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

13 Errors & Omissions Liability Insurance for Financial Advisors P. arising out of a willful violation of any statute; Q. arising out of a willful violation of any rule or regulation of any securities regulatory agency; R. arising out of express warranties, guarantees or estimates of profit, return on capital, economic return, or other estimates giving rise to forecasts of economic return; S. wherein the Insured markets any products managed totally or partially by the Insured; T. arising from a Claim against an Insured, when such Claims are brought by a business: 1. owned totally or partially by an Insured, including any firm, enterprise or joint venture which are controlled by, affiliated with, or a subsidiary of the Insured; or 3. controlled or managed totally or partially by an Insured; or 4. which is directly or indirectly involved in any way in the ownership or management of on Insured s business; or 5. of which an Insured is a partner or employee; U. arising out of the Insured's activities or its delegate as the third party administrator of any plan, whether insured or self insured and whether the Insured performs such activities for a fee or for no fee; V. arising out of referral fees, except with respect to insurance products and investments for which coverage is otherwise provided under this policy. This exclusion shall not apply in respect of any referral fee for which the client has acknowledged in writing that he/she is aware the Insured will receive a fee for that referral and has agreed to release the Insured(s) from any liability in respect of the referral; W. brought by an: 1. Insured; 2. a Relative of an Insured and/or any Estate of the Insured and/or any legal representative of the Estate of the Insured and/or any person making a Claim by reason of an assignment or distribution from an Insured and/or Estate of an Insured and/or trustee or beneficiary of any trust created or maintained for the benefit of any Insured; 3. any organization, corporation, company, partnership or operation while an Insured or Relative of an Insured is an officer, trustee, director, partners, manager, employee or who owns or controls more than 10% equity interest at the time the negligent act, error or omission giving rise to such Claim took place; Y. arising from Professional Services for which the Insured was unlicensed and for which they are required to be licensed. SECTION VIII PREMIUM. The Insured shall pay the Insurer in advance the Premium due to the Insurer, in the amount stated in each individual Certificate of Insurance issued under this policy, and the payment of such Premium shall be a condition precedent to any coverage under this policy Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

14 Errors & Omissions Liability Insurance for Financial Advisors SECTION IX PAYMENT OF THE APA DEDUCTIBLE. At the written request of the Insurer, the Policyholder shall pay to the Insurer the amount of the APA Deductible as determined in accordance with Section II. SECTION X POLICY PERIOD. This policy applies only to Claims first made against the Insured and reported to the Insurer during the Policy Period as noted on each Individual Certificate of Insurance. This policy may be continued in force for successive policy periods of twelve months subject to both the Insurer offering to renew by issuing a renewal policy or endorsement and the Policyholder accepting such coverage. SECTION XI EXTENDED REPORTING PERIOD. A. If the Insurer elects not to renew this policy or if the Insurer cancels this policy for any reason other than failure to pay premium when due, and if the Insured has not obtained a replacement policy, this policy shall apply to Claims first made against the Insured and reported to the Insurer during the 60 day period following the date of such non-renewal or cancellation of the policy (called the Extended Reporting Period) and caused by such negligent acts, errors or omissions occurring during any prior consecutive policy periods covered by this policy, renewal thereof, or any policy issued by the Insurer which this policy replaced. If the Insurer elects not to renew this policy or the Insurer or Policyholder elects not to renew an individual Certificate of Insurance issued to an Insured, or the Insurer, the Policyholder, or Insured cancels an individual Certificate of Insurance, the Insured shall have the right to purchase a one-year Extended Reporting Period by paying, within 60 days after such non-renewal or cancellation, seventyfive percent (75%) of the annual Premium as stated in the applicable individual Certificate of Insurance. Such Extended Reporting Period will begin immediately following the date of non-renewal or cancellation and will run for one year, covering Claims first made against the Insured and reported to the Insurer during the Extended Reporting Period and caused by such negligent acts, errors or omissions occurring during any prior consecutive policy periods covered by this policy or any individual Certificate of Insurance, renewal thereof, or any policy or any individual Certificate of Insurance issued by the Insurer which this policy or individual Certificate of Insurance replaced. For the purpose of the Insurer's Limit of Liability, any Extended Reporting Period will be combined with, and be a continuation of, the last Policy Period. The Insured shall only have the right to such Extended Reporting Period coverage, if: 1. The non-renewal or cancellation of the policy is not based on the Insured's failure to pay premium or deductible when due; or 2. The Insured has not failed, after demand, to reimburse the Insurer the amount of the applicable deductible. B. In the event the Insured ceases to permanently engage in the activities for which coverage is provided, or becomes disabled or dies, at the next renewal date or upon request of termination of the Insured s Certificate of Insurance, the Insured or any heir, executor, administrator, assignee, or legal representative, shall have the right to purchase an Extended Reporting Period, by paying within 60 days after the termination or renewal date of the Insured s Certificate of Insurance, the flat premium shown in the following schedule. Such Extended Reporting Period will begin immediately following the date of such permanent cessation of activities for which coverage is provided, disability or death, Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

15 Errors & Omissions Liability Insurance for Financial Advisors and will run for not less than 2 years, covering Claims first made against the Insured and reported to the Insurer during the Extended Reporting Period and caused by such negligent acts, errors and omissions occurring during any prior consecutive policy periods covered by this policy, renewal thereof, or any policy issued by the Insurer which this policy replaced. The Insurer's Limit of Liability for such Extended Reporting Period shall be the Limit of Liability set out in the applicable individual Certificate of Insurance. SCHEDULE: Flat Premium Extended Reporting Period (the percentage of the annual premium shown on the applicable individual Certificate of Insurance) 2 Years 100% 3 Years 125% 4 Years 150% 5 Years 175% 6 Years 200% SECTION XII NOTICE. The Insured shall give prompt written notice as directed by the Insurer of: A. any Claim made against the Insured, and B. any proceeding, event, or development which in the judgment of the Insured might reasonably result in a Claim against the Insured; and shall forward promptly copies of such pleadings and reports as may be requested. Notwithstanding the aforementioned, any late notice or absence of notice is cause of forfeiture of the rights of the Insured, if the Insurer sustains injury therefrom. SECTION XIII COOPERATION. The Insured shall cooperate with the Insurer, and, upon the Insurer's request, shall attend hearings and trials and shall assist in effecting settlements, securing and giving evidence, obtaining the attendance of witnesses and in the conduct of Claims. SECTION XIV CONDITIONS ACQUISITIONS AND MERGERS. In the event of any merger, consolidation, amalgamation or acquisition involving an Insured and any other insurance agent or insurance agency or any material change in the Insured s operations, the Insured shall notify the Insurer of such change within 90 days of the date of such change. OTHER INSURANCE. If, but for the insurance afforded by this policy, the Insured would have other insurance against a Loss otherwise covered hereby, the insurance afforded by this policy shall be excess over such other insurance Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

16 Errors & Omissions Liability Insurance for Financial Advisors SUBROGATION. In case of payment of Loss by the Insurer hereunder, the Insurer shall be subrogated to the amount of such payment to the Insured's right of recovery against any other person or organization for such Loss, and the Insured shall execute all papers required, and shall cooperate with the Insurer to secure such rights. However, in no event shall the Insurer be subrogated in a right of action against another Insured. Any recovery (after expenses) shall be used to reduce the Loss, and so much of such recovery shall be paid to the Insurer as will reduce the Loss ultimately borne by the Insurer to what it would have been had the recovery preceded any payment of such Loss by the Insurer. CHANGES. Notice to any Insured or knowledge possessed by any Insured or by any other person shall not effect a waiver or a change in any part of this policy or keep the Insurer from asserting any right under the terms of this policy, nor shall the terms of this policy be waived or changed, except by endorsement issued to form a part of this policy, or any individual Certificate of Insurance. ASSIGNMENT. No assignment of interest under this policy or any individual Certificate of Insurance shall be valid, unless the written consent of the Insurer is endorsed hereon; however, this shall not apply to rights provided under a premium finance contract. ACTION AGAINST INSURER. No action shall lie against the Insurer unless, as a condition precedent thereto, there shall have been full compliance with all of the terms of this policy, nor until the amount of the Insured's obligation to pay shall have been finally determined either by judgment against the Insured after actual trial or by written agreement of the Insured, the claimant and the Insurer. Any person or organization or the legal representative thereof who has secured such judgment or written agreement shall thereafter be entitled to recover under this policy to the extent of the insurance afforded by this policy. No person or organization shall have any right under this policy to join the Insurer as a party to any action against the Insured to determine the Insured's liability, nor shall the Insurer be impleaded by the Insured or his legal representative. Bankruptcy or insolvency of the Insured or of the Insured's estate shall not relieve the Insurer of any of its obligations hereunder. CLAIMS REPORTING. All Claims are to be reported to the Insurer for processing. SECTION XV TERRITORY. This policy applies to any negligent act, error or omission which takes place anywhere in the world, provided that the Claim is made and brought against the Insured in Canada, the United States of America, its territories or possessions or the District of Columbia. SECTION XVI CANCELLATION. The Insured or Policyholder may cancel an Insured s coverage under this policy by surrender of their individual Certificate of Insurance to the Insurer or by mailing to the Insurer written notice stating when thereafter the cancellation shall be effective. Any individual Certificate of Insurance may be cancelled by the Insurer by mailing to the Insured at the address shown in the individual Certificate of Insurance written notice stating when not less than 60 (sixty) days thereafter such cancellation shall be effective. The mailing of notice as aforesaid shall be sufficient proof of notice. The time of the surrender or the effective date and hour of cancellation stated in the notice shall become the end of the Policy Period. Delivery of such written notice either by the Sponsoring Organization, Insured, Policyholder or by the Insurer shall be equivalent to such mailing Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

17 Errors & Omissions Liability Insurance for Financial Advisors If the Sponsoring Organization, Insured or Policyholder cancels, earned premium shall be the customary short rate amount of the annual premium. If the Insurer cancels, earned premium shall be the pro rata amount of the annual premium. Premium adjustment may be made at the time cancellation is effected and, if not then made, shall be made as soon as practicable after cancellation becomes effective. The Insurer's cheque or the cheque of its representative mailed as aforesaid shall be sufficient tender of any refund of premium due to the Insured, provided that if at the time of cancellation the policy limit for the indemnity period involved has been exhausted, the entire premium shall be considered earned. However, any individual Certificate of Insurance may be cancelled by the Insurer as aforesaid by giving not less that fifteen (15) days notice in the event of nonpayment of premium by any individual Insured. SECTION XVII INSPECTION OF RECORDS. The Insurer has the right to inspect the books and records of the Sponsoring Organization, Insured or Policyholder at any time during the Sponsoring Organization's, Insured's or Policyholder's regular business hours. SECTION XVIII CURRENCY. Whenever used in this contract the words "dollars" and the sign "$" shall mean Canadian dollars. SECTION XIX CONFORMITY TO STATUTE. Terms of this policy which are in conflict with the statutes of the Province wherein the individual Certificates of Insurance are issued are hereby amended to conform to such statutes. SECTION XX CROSS LIABILITY and SEVERABILITY OF INTEREST. The policy shall insure each Insured in the same manner and to the same extent as if a separate policy were issued to each. The term "the Insured" is used severally and not collectively, but the inclusion herein of more than one Insured shall not operate to increase the limits of the Insurer's liability or the deductible amount. Any act, error or omission, or breach of policy condition, on the part of one lnsured shall not affect the protection given by this policy to any other Insured. Nothing within this condition shall be construed to over-ride any provision of Section V LIMIT OF LIABILITY AND DEDUCTIBLE of the policy. In witness whereof, Liberty Mutual Insurance Company has caused this policy to be signed by its president and secretary and counter-signed on the Declarations page by a duly authorized representative of the Insurer. President Secretary Advocis Protective Association (01/13) Errors & Omissions Liability Insurance for Financial Advisors

18 Endorsement No. 1 QUEBEC REGULATORY ENDORSEMENT Effective Date: January 1, 2013 Policy Number: FITO Issued To: Advocis Protective Association By: Liberty Mutual Insurance Company IT IS HEREBY UNDERSTOOD AND AGREED THAT: Notwithstanding anything to the contrary, for Insureds licensed in accordance with the Autorité des Marchés Financiers: 1. The expression negligent act, error, omission or breach of duty wherever written in this policy is replaced with the expression fault, errors, negligence or omissions. 2. The Limit of Liability shall be no less than $1,000,000 each Claim and $2,000,000 in the aggregate per Policy Period. 3. Legal Expenses shall be in addition to and shall not reduce the applicable Limit of Liability. 4. Section VI, DEFINITIONS, Paragraph A.5. is amended to include mandatories, representatives, employees, past or present trainees of an independent representative, firm or partnership, as the case may be, in the performance of their duties whether or not such persons are still so engaged on the date of the Claim; 5. The Limits of Liability provided in this Endorsement are a part of and erode the Limits of Liability indicated on the Insured s individual Certificate of Insurance. 6. Subject to all of the other terms and conditions of this policy, if an Insured ceases to pursue activities, irrespective of whether he or she is still alive, the Insured shall receive an automatic extended reporting period of five years from the date the Insured ceases to pursue activities. The extended reporting period applies only to fault, errors, negligence or omissions which occurred prior to the discontinuance of practice. Such extended reporting period shall be a part of and not in addition to the immediately preceding Policy Period and shall not in any way increase the applicable Limit of Liability. 1 2 (01/13)

19 7. In the event the Insurer cancels or does not renew this policy, the Insurer undertakes to give sixty (60) days advance notice by registered mail to the Autorité Des Marchés Financiers at the address indicated below: Autorité Des Marchés Financiers Place de la Cité, tour Cominar 2640 Boulevard Laurier, bureau 400 G1V 5C1 ALL OTHER TERMS AND CONDITIONS REMAIN UNCHANGED. Authorized Representative of Liberty Mutual Insurance Company October 30, 2012 Date 2 2 (01/13)

20 Endorsement No. 2 ONTARIO REGULATORY ENDORSEMENT Effective Date: January 1, 2013 Policy Number: FITO Issued To: Advocis Protective Association By: Liberty Mutual Insurance Company IT IS HEREBY UNDERSTOOD AND AGREED THAT: Notwithstanding anything to the contrary, for Insureds licensed to sell life insurance and / or accident and sickness insurance in the Province of Ontario the following shall apply but solely with respect to the sale of life insurance and /or accident and sickness insurance. 1. The Limit of Liability shall be no less than $1,000,000 each Claim and $2,000,000 aggregate per Policy Period, with an Insured Deductible of no more than $1,000 each Claim. 2. Notwithstanding anything to the contrary, and with respect to the coverage afforded under this paragraph only, for those Insureds licensed in the Province of Ontario coverage shall also apply to a Claim, in excess of the Insured Deductible and APA Deductible subject to the minimum Limit of Liability indicated in paragraph 1 of this Endorsement, for which the Insured is legally liable to any third party (other than an insurance company which may have or assert a right of action for breach of contract or for indemnity of contribution), as a result of any dishonest or fraudulent act by one or more Insured acting directly or in collusion with others in the conduct of the business of a licensed life insurance agent and / or licensed accident and sickness insurance agent in the Province of Ontario, as defined in the Insurance Act of Ontario, while this coverage is in force and for which a Claim is made against the Insured during the Policy Period, subject to the following provisions: (a) (b) In the event of the failure of the Insured to pay a Loss to which this policy may apply by virtue of this paragraph upon demand of any third party then the Insurer shall make payment, after investigating coverage, directly to such third party and shall be entitled to reimbursement from the Insured for the amount of the Deductible as outlined in paragraph 1 of this Endorsement and any other amount expended by the Insurer. The coverage afforded under this Policy by virtue of this paragraph shall not: i. benefit any person or entity committing, making or condoning any such dishonest or fraudulent act; ii. benefit any creditor of any Insured hereunder for non-payment of accounts, or refunds of premiums or premium taxes; or 1 2 (01/13)

INDIAN HARBOR INSURANCE COMPANY (herein called the Company)

INDIAN HARBOR INSURANCE COMPANY (herein called the Company) INDIAN HARBOR INSURANCE COMPANY (herein called the Company) This is a claims made Policy with defense expenses included. Please read and review the Policy carefully. INSURANCE AGENTS AND BROKERS ERRORS

More information

LLOYD'S OF LONDON ARCHITECTS/ENGINEERS PROFESSIONAL LIABILITY CLAIMS MADE AND REPORTED INSURANCE POLICY NOTICE

LLOYD'S OF LONDON ARCHITECTS/ENGINEERS PROFESSIONAL LIABILITY CLAIMS MADE AND REPORTED INSURANCE POLICY NOTICE LLOYD'S OF LONDON ARCHITECTS/ENGINEERS PROFESSIONAL LIABILITY CLAIMS MADE AND REPORTED INSURANCE POLICY NOTICE This is a claims made and reported Policy. Unless stated otherwise coverage afforded under

More information

PROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE (This Insurance Is On A Claims Made Basis)

PROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE (This Insurance Is On A Claims Made Basis) PROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE (This Insurance Is On A Claims Made Basis) Underwriters do hereby agree that in consideration of the payment of the premium and in reliance upon the

More information

B.C. LAWYERS COMPULSORY PROFESSIONAL LIABILITY INSURANCE POLICY NUMBER: LPL 00-01-01

B.C. LAWYERS COMPULSORY PROFESSIONAL LIABILITY INSURANCE POLICY NUMBER: LPL 00-01-01 B.C. LAWYERS COMPULSORY PROFESSIONAL LIABILITY INSURANCE POLICY NUMBER: LPL 00-01-01 INSURER: THE LSBC CAPTIVE INSURANCE COMPANY LTD. (the Company ) Administrative Offices, 6th Floor, 845 Cambie Street

More information

Real Estate Errors & Omissions Indemnity Plan

Real Estate Errors & Omissions Indemnity Plan B R I T I S H C O L U M B I A Real Estate Errors & Omissions Indemnity Plan No. RE0398 Issued by Real Estate Errors and Omissions Insurance Corporation (Herein called the Corporation ) Pursuant to the

More information

INSURANCE AGENTS AND BROKERS PROFESSIONAL LIABILITY POLICY

INSURANCE AGENTS AND BROKERS PROFESSIONAL LIABILITY POLICY A Stock Insurance Company, herein called the Company INSURANCE AGENTS AND BROKERS PROFESSIONAL LIABILITY POLICY THIS POLICY APPLIES ONLY TO CLAIMS FIRST MADE AGAINST THE INSURED DURING THE POLICY PERIOD

More information

Fiduciary Liability Policy

Fiduciary Liability Policy Fiduciary Liability Policy Declarations Insurance is provided by the following Company: Zurich American Insurance Company Policy Number: Item 1. Parent Company and address: Item 2. Limits of Liability:

More information

CORNERSTONE A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM

CORNERSTONE A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM CORNERSTONE A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM THIS IS A CLAIMS MADE POLICY WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY. In consideration

More information

CLASSIC A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM

CLASSIC A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM CLASSIC A-SIDE MANAGEMENT LIABILITY INSURANCE COVERAGE FORM THIS IS A CLAIMS MADE POLICY WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY. In consideration

More information

LIBERTY INTERNATIONAL UNDERWRITERS. Errors & Omissions Liability Insurance for Life Agents

LIBERTY INTERNATIONAL UNDERWRITERS. Errors & Omissions Liability Insurance for Life Agents LIBERTY INTERNATIONAL UNDERWRITERS E Errors & Omissions Liability Insurance for Life Agents Policy Number: FITOAAN4JZ002 Renewal of: FITOAAN4JZ00 Errors & Omissions Liability Insurance for Life Agents

More information

Excess Lawyers Professional Liability Policy DECLARATIONS. Attaching to and forming part of

Excess Lawyers Professional Liability Policy DECLARATIONS. Attaching to and forming part of Excess Lawyers Professional Liability Policy DECLARATIONS Attaching to and forming part of THIS IS A CLAIMS MADE EXCESS PROFESSIONAL LIABILITY INSURANCE - PLEASE READ CAREFULLY AND DISCUSS WITH YOUR INSURANCE

More information

MISCELLANEOUS PROFESSIONAL LIABILITY INSURANCE COVERAGE FORM

MISCELLANEOUS PROFESSIONAL LIABILITY INSURANCE COVERAGE FORM MISCELLANEOUS PROFESSIONAL LIABILITY INSURANCE COVERAGE FORM THIS IS A CLAIMS MADE POLICY WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY. In consideration

More information

Insurance Agents and Brokers Professional Liability Insurance Policy

Insurance Agents and Brokers Professional Liability Insurance Policy LIBERTY INSURANCE UNDERWRITERS INC. (hereinafter called the Company ): In consideration of and subject to the payment of the premium, the agreement of the Named Insured to pay the Deductible amount stated

More information

MASSACHUSETTS CUSTOMIZED PRACTICE COVERAGE TITLE INSURANCE AGENT LIABILITY COVERAGE UNIT

MASSACHUSETTS CUSTOMIZED PRACTICE COVERAGE TITLE INSURANCE AGENT LIABILITY COVERAGE UNIT (hereinafter called "the Company") MASSACHUSETTS CUSTOMIZED PRACTICE COVERAGE TITLE INSURANCE AGENT LIABILITY COVERAGE UNIT In consideration of the payment of the premium, in reliance upon the statements

More information

EMPLOYEE BENEFITS LIABILITY COVERAGE FORM

EMPLOYEE BENEFITS LIABILITY COVERAGE FORM EMPLOYEE BENEFITS LIABILITY COVERAGE FORM THIS FORM PROVIDES CLAIMS MADE COVERAGE. PLEASE READ THE ENTIRE FORM CAREFULLY. Various provisions in this policy restrict coverage. Read the entire policy carefully

More information

Directors, Officers and Corporate Liability Insurance Coverage Section. This is a Claims Made Policy. Please read it carefully.

Directors, Officers and Corporate Liability Insurance Coverage Section. This is a Claims Made Policy. Please read it carefully. Directors, Officers and Corporate Liability Insurance Coverage Section This is a Claims Made Policy. Please read it carefully. CLAIMS MADE WARNING FOR POLICY NOTICE: THIS POLICY PROVIDES COVERAGE ON A

More information

INSURANCE INDUSTRY PROFESSIONAL LIABILITY COVERAGE UNIT THIS IS A CLAIMS MADE POLICY. PLEASE READ CAREFULLY.

INSURANCE INDUSTRY PROFESSIONAL LIABILITY COVERAGE UNIT THIS IS A CLAIMS MADE POLICY. PLEASE READ CAREFULLY. INSURANCE INDUSTRY PROFESSIONAL LIABILITY COVERAGE UNIT THIS IS A CLAIMS MADE POLICY. PLEASE READ CAREFULLY. I. INSURING AGREEMENTS A. INSURANCE OPERATIONS COVERAGE. We will pay on behalf of the insured

More information

Agent s Errors And Omissions Insurance Program Professional Liability Coverage for Agents and General Agents of

Agent s Errors And Omissions Insurance Program Professional Liability Coverage for Agents and General Agents of Agent s Errors And Omissions Insurance Program Professional Liability Coverage for Agents and General Agents of The Canada Life Assurance Company Canada Life Insurance Company of New York Canada Life Insurance

More information

CATLIN PRIMARY LAWYERS PROFESSIONAL LIABILITY INSURANCE

CATLIN PRIMARY LAWYERS PROFESSIONAL LIABILITY INSURANCE CATLIN PRIMARY LAWYERS PROFESSIONAL LIABILITY INSURANCE ERRORS AND OMISSIONS WORDING DECLARATIONS POLICY NUMBER: Attaching to and forming part of CATLIN LAWYERS PROFESSIONAL LIABILITY INSURANCE 1. NAMED

More information

Cyber-Technology Policy Comparisons

Cyber-Technology Policy Comparisons Cyber-Technology Policy Comparisons ABA Insurance Internet/Electronic Banking Liability Insurance Policy (04/01) January, 2011 Endorsements Topic ACE Computer & Technology Products and Services Professional

More information

INSURANCE COMPANY ERRORS AND OMISSIONS POLICY

INSURANCE COMPANY ERRORS AND OMISSIONS POLICY INSURANCE COMPANY ERRORS AND OMISSIONS POLICY In consideration of the payment of the premium, in reliance upon the statements in the Application attached hereto and made a part hereof, subject to the Declarations

More information

LAWYERS PROFESSIONAL LIABILITY POLICY

LAWYERS PROFESSIONAL LIABILITY POLICY LAWYERS PROFESSIONAL LIABILITY POLICY LAWYERS PROFESSIONAL LIABILITY POLICY Words and phrases that appear in bold are defined in the Definitions section of this Policy. THIS IS A CLAIMS MADE AND REPORTED

More information

Liquor. (Occurrence Form)

Liquor. (Occurrence Form) Liquor LIABILITY INSURANCE POLICY (Occurrence Form) 95A Turnpike Road Westborough, MA 01581 (508) 366-1140 THIS POLICY JACKET WITH THE Liquor LIABILITY POLICY FORM, DECLARATIONS PAGE AND ENDORSEMENTS,

More information

COMMERCIAL PROFESSIONAL LIABILITY COVERAGE FORM

COMMERCIAL PROFESSIONAL LIABILITY COVERAGE FORM COMMERCIAL PROFESSIONAL LIABILITY COVERAGE FORM Various provisions in this policy restrict coverage. Read the entire policy carefully to determine rights, duties and what is and is not covered. Throughout

More information

FIDUCIARY LIABILITY INSURANCE POLICY

FIDUCIARY LIABILITY INSURANCE POLICY A Stock Insurance Company, herein called the Company FIDUCIARY LIABILITY INSURANCE POLICY THIS POLICY APPLIES ONLY TO CLAIMS FIRST MADE AGAINST THE INSURED DURING THE POLICY PERIOD OR DISCOVERY PERIOD.

More information

PRIMARY LAWYERS PROFESSIONAL LIABILITY INSURANCE POLICY NOTICE THIS IS A CLAIMS-MADE AND REPORTED POLICY. PLEASE REVIEW THE POLICY CAREFULLY.

PRIMARY LAWYERS PROFESSIONAL LIABILITY INSURANCE POLICY NOTICE THIS IS A CLAIMS-MADE AND REPORTED POLICY. PLEASE REVIEW THE POLICY CAREFULLY. PRIMARY LAWYERS PROFESSIONAL LIABILITY INSURANCE POLICY NOTICE THIS IS A CLAIMS-MADE AND REPORTED POLICY. PLEASE REVIEW THE POLICY CAREFULLY. THE POLICY IS LIMITED TO LIABILITY FOR ONLY THOSE CLAIMS THAT

More information

E F F E C T I V E M A R C H 1, 2 0 0 9. Indemnity. Plan. Real Estate Errors and Omissions Insurance Corporation. British Columbia

E F F E C T I V E M A R C H 1, 2 0 0 9. Indemnity. Plan. Real Estate Errors and Omissions Insurance Corporation. British Columbia E F F E C T I V E M A R C H 1, 2 0 0 9 Indemnity Plan N Ọ R E 0 3 0 9 Real Estate Errors and Omissions Insurance Corporation British Columbia I N T R O D U C T I O N Why You Need Professional Liability

More information

PROFESSIONAL LIABILITY INSURANCE POLICY

PROFESSIONAL LIABILITY INSURANCE POLICY Policy Number: Insured Name: INDUSTRIAL FINANCE GROUP INC Number: Effective Date: 05/01/2011 PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE AND REPORTED POLICY WHICH APPLIES ONLY TO CLAIMS

More information

LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY COVERAGE

LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY COVERAGE LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY COVERAGE WE will pay, subject to OUR limit of liability, all DAMAGES the INSURED may be legally obligated to pay and CLAIM EXPENSE(S), due to

More information

ARCHITECTS AND ENGINEERS PROFESSIONAL LIABILITY INSURANCE POLICY

ARCHITECTS AND ENGINEERS PROFESSIONAL LIABILITY INSURANCE POLICY ARCHITECTS AND ENGINEERS PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS-MADE AND REPORTED POLICY. VARIOUS PROVISIONS IN THIS POLICY RESTRICT COVERAGE. THIS POLICY CONTAINS IMPORTANT EXCLUSIONS

More information

NEW MEXICO SELF-INSURERS' FUND WORKERS' COMPENSATION AND EMPLOYERS' LIABILITY PLAN

NEW MEXICO SELF-INSURERS' FUND WORKERS' COMPENSATION AND EMPLOYERS' LIABILITY PLAN NEW MEXICO SELF-INSURERS' FUND WORKERS' COMPENSATION AND EMPLOYERS' LIABILITY PLAN In return for the payment of the premium and subject to all terms of this Policy, we agree with you as follows. GENERAL

More information

Pension and Welfare Benefit Plan

Pension and Welfare Benefit Plan Pension and Welfare Benefit Plan Fiduciary Liability Insurance Policy Executive Risk Indemnity Inc. Home Office: 2711 Centerville Road, Suite 400 Wilmington, DE 19808 Administrative Offices/Mailing Address:

More information

Cover-Pro sm PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE POLICY - PLEASE READ IT CAREFULLY

Cover-Pro sm PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE POLICY - PLEASE READ IT CAREFULLY Cover-Pro sm PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE POLICY - PLEASE READ IT CAREFULLY In consideration of the payment of the premium and in reliance upon all statements and information

More information

CONTINENTAL CASUALTY COMPANY CNA PLAZA CHICAGO, ILLINOIS 60685

CONTINENTAL CASUALTY COMPANY CNA PLAZA CHICAGO, ILLINOIS 60685 CONTINENTAL CASUALTY COMPANY CNA PLAZA CHICAGO, ILLINOIS 60685 NEW YORK LAWYERS PROFESSIONAL LIABILITY POLICY Words and phrases that appear in bold are defined in the Definitions section of this Policy.

More information

ACCOUNTANTS PROFESSIONAL LIABILITY INSURANCE POLICY

ACCOUNTANTS PROFESSIONAL LIABILITY INSURANCE POLICY ACCOUNTANTS PROFESSIONAL LIABILITY INSURANCE POLICY THIS IS A CLAIMS MADE AND REPORTED POLICY. PLEASE READ IT CAREFULLY. In consideration of the payment of the premium and in reliance upon the statements

More information

A SUMMARY OF EDUCATORS PROFESSIONAL LIABILITY INSURANCE FOR CONGRESS OF HOUSTON TEACHERS

A SUMMARY OF EDUCATORS PROFESSIONAL LIABILITY INSURANCE FOR CONGRESS OF HOUSTON TEACHERS A SUMMARY OF EDUCATORS PROFESSIONAL LIABILITY INSURANCE FOR CONGRESS OF HOUSTON TEACHERS SCHEDULE OF COVERAGE Limits of Liability Coverage A -- $2,000,000 per Insured per occurrence $3,000,000 per occurrence

More information

LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY

LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY LAWYERS PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE POLICY COVERAGE WE will pay all sums up to the limit of OUR liability, which the INSURED may be legally obligated to pay as DAMAGES due to any CLAIM:

More information

LAWYERS PROFESSIONAL LIABILITY POLICY

LAWYERS PROFESSIONAL LIABILITY POLICY THIS IS A CLAIMS-MADE POLICY. PLEASE READ IT CAREFULLY. LAWYERS PROFESSIONAL LIABILITY POLICY Preface This policy provides professional liability protection for your law firm. The terms we, us, and our

More information

LAWYERS' PROFESSIONAL LIABILITY INSURANCE POLICY

LAWYERS' PROFESSIONAL LIABILITY INSURANCE POLICY LAWYERS' PROFESSIONAL LIABILITY INSURANCE POLICY NOTICE - THIS IS A CLAIMS MADE AND REPORTED POLICY. PLEASE READ IT CAREFULLY. COVERAGE APPLIES ONLY TO CLAIMS FIRST MADE AGAINST THE INSURED DURING THE

More information

UNITED STATES LIABILITY INSURANCE GROUP

UNITED STATES LIABILITY INSURANCE GROUP EMPLOYMENT PRACTICES LIABILITY INSURANCE POLICY UNITED STATES LIABILITY INSURANCE GROUP 190 South Warner Road Wayne, PA 19087-2191 1-800-523-5545 www.usli.com THIS POLICY JACKET TOGETHER WITH THE DECLARATIONS

More information

b. The Insurer will pay on behalf of the Insured, Damages in excess of the Deductible and not exceeding the Limits of

b. The Insurer will pay on behalf of the Insured, Damages in excess of the Deductible and not exceeding the Limits of Policy Number: RLI Insurance Company Target Professionals TM Liability Policy NOTICE: This Policy covers only those Claims first made against the Insured during the Policy Period and first reported to

More information

Argonaut Insurance Company

Argonaut Insurance Company IN WITNESS WHEREOF, the Company has caused this policy to be signed by its President and Secretary as duly authorized representatives of the Company. Michael E. Arledge, President Craig Comeaux, Secretary

More information

SPECIMEN. (1) a written demand for monetary damages or non-monetary relief;

SPECIMEN. (1) a written demand for monetary damages or non-monetary relief; In consideration of payment of the premium and subject to the Declarations, General Terms and Conditions, limitations, conditions, provisions and other terms of this Policy, the Company and the Insureds

More information

CATLIN ERRORS & OMISSIONS INSURANCE. Specimen

CATLIN ERRORS & OMISSIONS INSURANCE. Specimen CATLIN ERRORS & OMISSIONS INSURANCE ERRORS & OMISSIONS INSURANCE NOTICE: This is a Claims made form. Except to such extent as may otherwise be provided herein, the coverage afforded under this insurance

More information

SPECIMEN. (1) advising, counseling or giving notice to employees, participants or beneficiaries with respect to any Plan;

SPECIMEN. (1) advising, counseling or giving notice to employees, participants or beneficiaries with respect to any Plan; In consideration of payment of the premium and subject to the Declarations, limitations, conditions, provisions and other terms of this Policy, the Company and the Insureds agree as follows: I. INSURING

More information

ACCOUNTANTS PROFESSIONAL LIABILITY INSURANCE POLICY

ACCOUNTANTS PROFESSIONAL LIABILITY INSURANCE POLICY ACCOUNTANTS PROFESSIONAL LIABILITY INSURANCE POLICY SPECIMEN CAMICO Mutual Insurance Company Tel: 800.652.1772 ADDITIONAL INCLUDED BENEFITS In addition to the benefits described in your policy every Named

More information

BEAZLEY ARMOUR SIDE A DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY

BEAZLEY ARMOUR SIDE A DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY BEAZLEY ARMOUR SIDE A DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY In consideration of the payment of the premium, in reliance on all statements made in the application and subject to all of the provisions

More information

MISCELLANEOUS PROFESSIONAL INDEMNITY INSURANCE (Costs Inclusive). 1.2. Defence Costs Underwriters agree to pay all Defence Costs as defined below.

MISCELLANEOUS PROFESSIONAL INDEMNITY INSURANCE (Costs Inclusive). 1.2. Defence Costs Underwriters agree to pay all Defence Costs as defined below. MISCELLANEOUS PROFESSIONAL INDEMNITY INSURANCE (Costs Inclusive). 1. INSURING AGREEMENTS 1.1 Insuring Clause Whereas the company, partnership or firm as stated in Item 1 of the Schedule (the Named Insured

More information

INDIVIDUAL AGENT PROGRAM

INDIVIDUAL AGENT PROGRAM INDIVIDUAL AGENT PROGRAM AGENT ERRORS & OMISSIONS INSURANCE PROGRAM FOR AGENTS AFFILIATED WITH ASSURANT HEALTH May 1, 2007 To May 1, 2008 INDIVIDUAL AGENT PLAN FEATURES Option A: Limit of liability $1,000,000

More information

DECLARATIONS INVESTMENT COMPANY ASSET 15 Mountain View Road, Warren, New Jersey 07059 PROTECTION LIABILITY POLICY

DECLARATIONS INVESTMENT COMPANY ASSET 15 Mountain View Road, Warren, New Jersey 07059 PROTECTION LIABILITY POLICY Chubb Group of Insurance Companies DECLARATIONS INVESTMENT COMPANY ASSET 15 Mountain View Road, Warren, New Jersey 07059 PROTECTION LIABILITY POLICY ITEM 1. Parent Organization (Name and Address): Policy

More information

NEW YORK LAWYERS PROFESSIONAL LIABILITY POLICY THIS POLICY APPLIES ONLY TO ANY CLAIM FIRST MADE AGAINST THE INSURED DURING THE POLICY PERIOD

NEW YORK LAWYERS PROFESSIONAL LIABILITY POLICY THIS POLICY APPLIES ONLY TO ANY CLAIM FIRST MADE AGAINST THE INSURED DURING THE POLICY PERIOD NEW YORK LAWYERS PROFESSIONAL LIABILITY POLICY THIS POLICY APPLIES ONLY TO ANY CLAIM FIRST MADE AGAINST THE INSURED DURING THE POLICY PERIOD. CLAIMS MUST BE REPORTED TO THE COMPANY DURING THE POLICY PERIOD,

More information

HIGHLIGHTS OF THE ERRORS AND OMISSIONS INSURANCE PROGRAM

HIGHLIGHTS OF THE ERRORS AND OMISSIONS INSURANCE PROGRAM HIGHLIGHTS OF THE ERRORS AND OMISSIONS INSURANCE PROGRAM For the Agents of Midland National Life Insurance Company and the Agents of North American Company for Life and Health Insurance 2008-2009 Insurer

More information

Professional Indemnity & Infidelity Insurance For Stock Brokers, Investment Consultants, Underwriters, Portfolio or Fund Managers

Professional Indemnity & Infidelity Insurance For Stock Brokers, Investment Consultants, Underwriters, Portfolio or Fund Managers Professional Indemnity & Infidelity Insurance For Stock Brokers, Investment Consultants, Underwriters, Portfolio or Fund Managers Whereas the Insured as herein defined has submitted a written proposal,

More information

THE OHIO STATE TROOPERS ASSOCIATION CRIMINAL DEFENSE LEGAL EXPENSE REIMBURSEMENT INSURANCE POLICY

THE OHIO STATE TROOPERS ASSOCIATION CRIMINAL DEFENSE LEGAL EXPENSE REIMBURSEMENT INSURANCE POLICY THE OHIO STATE TROOPERS ASSOCIATION CRIMINAL DEFENSE LEGAL EXPENSE REIMBURSEMENT INSURANCE POLICY I. BENEFITS 1) In consideration of the premium specified on the Declaration Page forming part of this Master

More information

PROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE

PROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE PROFESSIONAL LIABILITY ERRORS & OMISSIONS INSURANCE (This Insurance Is Written On A Claims Made and Reported Basis) THIS POLICY IS LIMITED TO LIABILITY FOR ONLY THOSE CLAIMS THAT ARE FIRST MADE AGAINST

More information

MANAGEMENT LIABILITY AND COMPANY REIMBURSEMENT INSURANCE COVERAGE FORM

MANAGEMENT LIABILITY AND COMPANY REIMBURSEMENT INSURANCE COVERAGE FORM MANAGEMENT LIABILITY AND COMPANY REIMBURSEMENT INSURANCE COVERAGE FORM THIS IS A CLAIMS MADE POLICY WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY.

More information

Specimen THIS IS A CLAIMS-MADE COVERAGE WITH DEFENSE EXPENSES INCLUDED IN THE COVERAGE LIMITS. PLEASE READ THE POLICY CAREFULLY.

Specimen THIS IS A CLAIMS-MADE COVERAGE WITH DEFENSE EXPENSES INCLUDED IN THE COVERAGE LIMITS. PLEASE READ THE POLICY CAREFULLY. LIABILITY COVERAGE TERMS AND CONDITIONS THIS IS A CLAIMS-MADE COVERAGE WITH DEFENSE EXPENSES INCLUDED IN THE COVERAGE LIMITS. PLEASE READ THE POLICY CAREFULLY. CONSIDERATION CLAUSE IN CONSIDERATION

More information

SPECIMEN. (2) because the total limits of liability of all applicable Underlying Insurance have been exhausted by actual payment thereunder.

SPECIMEN. (2) because the total limits of liability of all applicable Underlying Insurance have been exhausted by actual payment thereunder. SIDE A EXCESS AND DROP DOWN LIABILITY POLICY In consideration of the payment of the premium, and in reliance on all statements made and information furnished to the Underwriter, and subject to the Declarations

More information

UNITED EDUCATORS ASSOCIATION, INC. EDUCATORS PROFESSIONAL LIABILITY INSURANCE SUMMARY

UNITED EDUCATORS ASSOCIATION, INC. EDUCATORS PROFESSIONAL LIABILITY INSURANCE SUMMARY UNITED EDUCATORS ASSOCIATION, INC. EDUCATORS PROFESSIONAL LIABILITY INSURANCE SUMMARY This insurance is available to eligible members of the United Educators Association, Inc. (UEA). The policy is underwritten

More information

EMPLOYMENT PRACTICES LIABILITY INSURANCE COVERAGE PART ENDORSEMENT

EMPLOYMENT PRACTICES LIABILITY INSURANCE COVERAGE PART ENDORSEMENT THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. CF-2102 (Ed. 9-15) EMPLOYMENT PRACTICES LIABILITY INSURANCE COVERAGE PART ENDORSEMENT THIS ENDORSEMENT PROVIDES CLAIMS MADE AND REPORTED COVERAGE.

More information

EMPLOYEE BENEFITS LIABILITY COVERAGE

EMPLOYEE BENEFITS LIABILITY COVERAGE POLICY NUMBER: COMMERCIAL GENERAL LIABILITY CG 04 35 12 07 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. EMPLOYEE BENEFITS LIABILITY COVERAGE THIS ENDORSEMENT PROVIDES CLAIMS-MADE COVERAGE.

More information

ACCOUNTANTS & CONSULTANTS PROFESSIONAL LIABILITY INSURANCE POLICY

ACCOUNTANTS & CONSULTANTS PROFESSIONAL LIABILITY INSURANCE POLICY ACCOUNTANTS & CONSULTANTS PROFESSIONAL LIABILITY INSURANCE POLICY THIS POLICY IS WRITTEN ON A CLAIMS-MADE AND REPORTED BASIS AND, SUBJECT TO ITS PROVISIONS, APPLIES ONLY TO CLAIMS FIRST MADE AGAINST YOU

More information

Educators Professional Liability Insurance

Educators Professional Liability Insurance Educators Professional Liability Insurance Insurance Summary and Policy Description Our insurance policy is included as a member benefit for all Professional, Support, and Student Members. The policy is

More information

North Carolina Interlocal Risk Management Agency (NCIRMA) Workers Compensation and Employers Liability Insurance Policy

North Carolina Interlocal Risk Management Agency (NCIRMA) Workers Compensation and Employers Liability Insurance Policy North Carolina Interlocal Risk Management Agency (NCIRMA) Workers Compensation and Employers Liability Insurance Policy WORKERS COMPENSATION AND EMPLOYERS LIABILITY INSURANCE POLICY QUICK REFERENCE Beginning

More information

Executive Liability Insurance Policy

Executive Liability Insurance Policy Executive Liability Insurance Policy Including Company Reimbursement Executive Risk Indemnity Inc. Home Office: 1013 Centre Road Wilmington, Delaware 19805-1297 Administrative Offices/Mailing Address:

More information

MISCELLANEOUS PROFESSIONAL LIABILITY COVERAGE FORM CLAIMS MADE BASIS

MISCELLANEOUS PROFESSIONAL LIABILITY COVERAGE FORM CLAIMS MADE BASIS This Form Provides Claims-Made Coverage. Please Read The Entire Form Completely. MISCELLANEOUS PROFESSIONAL LIABILITY COVERAGE FORM CLAIMS MADE BASIS Throughout this document, the word Insured means any

More information

Specimen. Professional Liability Insurance Policy Lawyers

Specimen. Professional Liability Insurance Policy Lawyers Professional Liability Insurance Policy Lawyers ZURICH-AMERICAN INSURANCE GROUP Insurance is provided by the company designated on the declaration page. (A stock insurance company, herein called the Company)

More information

Agent Agreement WITNESSETH

Agent Agreement WITNESSETH PATRIOT NATIONAL UNDERWRITERS, INC. Agent Agreement THIS AGENT AGREEMENT (the Agreement ) is made and entered into by and between Patriot National Underwriters, Inc., a Texas corporation ( Patriot ), and

More information

PUBLIC ENTITY POLICY PUBLIC OFFICIALS LIABILITY COVERAGE FORM CLAIMS MADE COVERAGE

PUBLIC ENTITY POLICY PUBLIC OFFICIALS LIABILITY COVERAGE FORM CLAIMS MADE COVERAGE A Stock Insurance Company, herein called the Company PUBLIC ENTITY POLICY PUBLIC OFFICIALS LIABILITY COVERAGE FORM CLAIMS MADE COVERAGE Various provisions in this policy restrict coverage. Please read

More information

PUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE

PUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE PUBLIC ENTITY RISK MANAGEMENT AUTHORITY MEMORANDUM OF WORKERS COMPENSATION AND EMPLOYERS LIABILITY COVERAGE FOR THE PERIOD JULY 1, 2015 TO JUNE 30, 2016 EFFECTIVE: JULY 1, 2015 PUBLIC ENTITY RISK MANAGEMENT

More information

Bankers Professional Liability Policy STEADFAST INSURANCE COMPANY

Bankers Professional Liability Policy STEADFAST INSURANCE COMPANY Bankers Professional Liability Policy STEADFAST INSURANCE COMPANY TABLE OF CONTENTS I. INSURING CLAUSE 3 II. DEFENSE AND SETTLEMENT 3 III. DEFINITIONS 3 IV. EXCLUSIONS 5 V. GENERAL CONDITIONS AND LIMITATIONS

More information

A-SIDE EXCESS DIFFERENCE IN CONDITIONS DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY

A-SIDE EXCESS DIFFERENCE IN CONDITIONS DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY A Stock Insurance Company, herein called the Company A-SIDE EXCESS DIFFERENCE IN CONDITIONS DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY THIS POLICY APPLIES ONLY TO CLAIMS FIRST MADE AGAINST THE INSURED

More information

COMMERCIAL EXCESS LIABILITY POLICY DECLARATIONS

COMMERCIAL EXCESS LIABILITY POLICY DECLARATIONS COMMERCIAL EXCESS LIABILITY POLICY DECLARATIONS Policy No. Renewal 1. NAMED INSURED AND MAILING ADDRESS 2. POLICY PERIOD From To 12:01 A.M. standard time at your mailing address shown above. : 3. LIMITS

More information

Policy. Professional Liability Insurance for the Members of the Ordre des ingénieurs du Québec. Endorsed by: Ordre des ingénieurs du Québec

Policy. Professional Liability Insurance for the Members of the Ordre des ingénieurs du Québec. Endorsed by: Ordre des ingénieurs du Québec DEFINITIONS ENCON Group Inc. Policy Professional Liability Insurance for the Members of the Ordre des ingénieurs du Québec Master Policy L66000 Endorsed by: Ordre des ingénieurs du Québec THE AGREEMENTS

More information

COMMERCIAL EXCESS LIABILITY COVERAGE FORM

COMMERCIAL EXCESS LIABILITY COVERAGE FORM COMMERCIAL EXCESS LIABILITY COVERAGE FORM Each section in this Coverage Form may contain exclusions, limitations or restrictions of coverage. Please read the entire Coverage Form carefully to determine

More information

MEDICAL PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE BASIS

MEDICAL PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE BASIS MEDICAL PROFESSIONAL LIABILITY INSURANCE CLAIMS-MADE BASIS Coverage under this insurance policy is limited to Claims (a) first made against the Insured for the rendering of or failure to render Medical

More information

Architects, Engineers and Green and Sustainable Design Professional Liability Insurance Policy

Architects, Engineers and Green and Sustainable Design Professional Liability Insurance Policy Architects, Engineers and Green and Sustainable Design Professional Liability Insurance Policy THIS IS A CLAIMS MADE POLICY. PLEASE READ IT CAREFULLY. In consideration of the premium paid, the undertaking

More information

Medical Liability Insurance Related Problems and Damages in Medical Malpractice Lawsuits Stephen Ballantine

Medical Liability Insurance Related Problems and Damages in Medical Malpractice Lawsuits Stephen Ballantine Medical Liability Insurance Related Problems and Damages in Medical Malpractice Lawsuits Stephen Ballantine 3 rd Arab Conference on Medical Liability Workshop 12 November 2014 1 INTRODUCTION 1. Objectives

More information

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY PRINTERS ERRORS AND OMISSIONS LIABILITY COVERAGE

THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY PRINTERS ERRORS AND OMISSIONS LIABILITY COVERAGE THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY PRINTERS ERRORS AND OMISSIONS LIABILITY COVERAGE This endorsement modifies insurance provided under the following: BUSINESSOWNERS LIABILITY

More information

Management liability - Employment practices liability Policy wording

Management liability - Employment practices liability Policy wording Special definitions for this section Benefits Claim Defence costs The General terms and conditions and the following terms and conditions all apply to this section. Any compensation awarded to an employee

More information

Group Professional Liability Insurance Plan for Chartered Accountants of Québec

Group Professional Liability Insurance Plan for Chartered Accountants of Québec Group Professional Liability Insurance Plan for Chartered Accountants of Québec THIS POLICY PROVIDES CLAIMS MADE AND REPORTED COVERAGE. THE POLICY APPLIES ONLY TO CLAIMS FIRST MADE AGAINST THE INSURED

More information

Prudential. This outline is provided by the broker, Aon Risk Services Northeast, Inc.

Prudential. This outline is provided by the broker, Aon Risk Services Northeast, Inc. 2013 HIGHLIGHTS OF THE E&O INSURANCE PROGRAM For Producers of Prudential Insurance Division Prudential Insurer: Continental Casualty Company (CNA) 125 Broad St. New York, NY 10004 Policy Number: 169741874

More information

Limited Agency/Company Agreement

Limited Agency/Company Agreement Effective, this Agreement is entered into by and between Safepoint MGA, LLC and Safepoint Insurance Company Inc., hereinafter referred to as Company, and hereinafter referred to as Agent. It being the

More information

EDUCATORS LEGAL LIABILITY COVERAGE PART DECLARATIONS (Claims Made Form)

EDUCATORS LEGAL LIABILITY COVERAGE PART DECLARATIONS (Claims Made Form) EDUCATORS LEGAL LIABILITY COVERAGE PART DECLARATIONS (Claims Made Form) Policy No. NAMED INSURED: ITEM 1: POLICY PERIOD: POLICY COVERS FROM: TO: 12:01 A.M. standard time at your mailing address shown above.

More information

DIRECTORS AND OFFICERS DIFFERENCE IN CONDITIONS LIABILITY INSURANCE DECLARATIONS

DIRECTORS AND OFFICERS DIFFERENCE IN CONDITIONS LIABILITY INSURANCE DECLARATIONS , DIRECTORS AND OFFICERS DIFFERENCE IN CONDITIONS LIABILITY INSURANCE DECLARATIONS NOTICE: PLEASE READ CAREFULLY. This Policy is a claims-made policy. Except

More information

INSURANCE PROGRAM INSURER BROKER ONTARIO, CANADA

INSURANCE PROGRAM INSURER BROKER ONTARIO, CANADA INSURANCE PROGRAM INSURER BROKER ONTARIO, CANADA 2. CONTACT INFORMATION INSURANCE BROKER Alternative Risk Services Inc. 250 Yonge Street, Suite 2900 Toronto, ON M5B 2L7 Tel: 416-408-5330 Toll free: 1-866-426-1666

More information

FIDUCIARY LIABILITY COVERAGE PART

FIDUCIARY LIABILITY COVERAGE PART FIDUCIARY LIABILITY COVERAGE PART I. INSURING AGREEMENTS Fiduciary Liability The Insurer shall pay Loss on behalf of the Insureds resulting from a Fiduciary Claim first made against the Insureds during

More information

BrokerEdge SM Securities Brokerage Executive and Professional Liability Policy Professional Liability Coverage Part

BrokerEdge SM Securities Brokerage Executive and Professional Liability Policy Professional Liability Coverage Part BrokerEdge SM Securities Brokerage Executive and Professional Liability Policy Professional Liability Coverage Part Executive Risk Indemnity Inc. Home Office: 2711 Centerville Road, Suite 400 Wilmington,

More information

LIQUOR LIABILITY COVERAGE FORM

LIQUOR LIABILITY COVERAGE FORM COMMERCIAL GENERAL LIABILITY CG 00 34 12 07 LIQUOR LIABILITY COVERAGE FORM THIS FORM PROVIDES CLAIMS-MADE COVERAGE. PLEASE READ THE ENTIRE FORM CAREFULLY. Various provisions in this policy restrict coverage.

More information

The Solution for General Partnership Liability Coverage Part

The Solution for General Partnership Liability Coverage Part The Solution for General Partnership Liability Coverage Part In consideration of the payment of the premium and subject to the General Terms and Conditions, the Insurer and the Insureds agree as follows:

More information

PROFESSIONAL LIABILITY (FINANCIAL SERVICES) MASTER POLICY DECLARATIONS

PROFESSIONAL LIABILITY (FINANCIAL SERVICES) MASTER POLICY DECLARATIONS PROFESSIONAL LIABILITY (FINANCIAL SERVICES) MASTER POLICY DECLARATIONS THIS IS A CLAIMS-MADE POLICY. THE POLICY PROVIDES NO COVERAGE FOR CLAIMS FOR ANY WRONGFUL ACT COMMITTED PRIOR TO THE POLICY RETROACTIVE

More information

MANAGEMENT AND COMPANY LIABILITY COVERAGE PART

MANAGEMENT AND COMPANY LIABILITY COVERAGE PART MANAGEMENT AND COMPANY LIABILITY COVERAGE PART THIS COVERAGE PART PROVIDES CLAIMS MADE COVERAGE WITH DEFENSE EXPENSES INCLUDED IN THE LIMIT OF LIABILITY. PLEASE READ AND REVIEW THE POLICY CAREFULLY. In

More information

Insurance Market Solutions Group, LLC Sub-Producer Agreement

Insurance Market Solutions Group, LLC Sub-Producer Agreement Insurance Market Solutions Group, LLC Sub-Producer Agreement This Producer Agreement is made and entered into effective the day of, 20, by and between Insurance Market Solutions Group, LLC a Texas Company

More information

AIG Taiwan Insurance Financial Institutions Professional Indemnity Policy

AIG Taiwan Insurance Financial Institutions Professional Indemnity Policy 查 詢 本 公 司 資 訊 公 開 說 明 文 件, 請 上 本 公 司 網 站, 網 址 :www.aig.com.tw, 或 至 本 公 司 索 取 免 費 申 訴 電 話 :0800-866588 AIG Taiwan Insurance Financial Institutions Professional Indemnity Policy THIS IS A CLAIMS MADE POLICY

More information

AGENT / AGENCY AGREEMENT

AGENT / AGENCY AGREEMENT AGENT / AGENCY AGREEMENT This Agreement entered into this day of, 20, by and between Guardian Legal Services, Inc. (GUARDIAN), and General Agent, hereinafter called GA. GUARDIAN has organized a Legal Insurance

More information

General Liability Insurance

General Liability Insurance General Liability Insurance Insurance Company: Alberta School Boards Insurance Exchange (ASBIE) Insuring Agreement ASBIE agrees to pay on behalf of the Subscriber all sums that they are legally obligated

More information

ARCH INSURANCE COMPANY (A Missouri Corporation) COMPANY SPONSORED LIFE INSURANCE AGENTS ERRORS AND OMISSIONS POLICY DECLARATIONS

ARCH INSURANCE COMPANY (A Missouri Corporation) COMPANY SPONSORED LIFE INSURANCE AGENTS ERRORS AND OMISSIONS POLICY DECLARATIONS ARCH INSURANCE COMPANY (A Missouri Corporation) Home Office Address: Administrative Address: 3100 Broadway, Suite 511 One Liberty Plaza, 53rd Floor Kansas City, MO 64111 New York, NY 10006 Tel: (800) 817-3252

More information

BENEFITS AVAILABLE TO MEMBERS OF CAMICO MUTUAL INSURANCE COMPANY IN ADDITION TO THE POLICY

BENEFITS AVAILABLE TO MEMBERS OF CAMICO MUTUAL INSURANCE COMPANY IN ADDITION TO THE POLICY BENEFITS AVAILABLE TO MEMBERS OF CAMICO MUTUAL INSURANCE COMPANY IN ADDITION TO THE POLICY Members of CAMICO Mutual Insurance Company automatically qualify for benefits that are designed to minimize your

More information