Canadian Social Workers & Professional Liability Insurance

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Cordelia Irene Blake
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1 Canadian Social Workers & Professional Liability Insurance Understanding How it Works & Why You Need it March 1, 2016 Prepared by Aon Risk Solutions

2 Presenter CASW is pleased to welcome the expertise of Bill Durham, CAIB, CCIB, CRM CASW Account Executive Aon Risk Solutions CASW Professional Liability 2

3 Discussion Topics Section 1 Section 2 Section 3 Section 4 Section 5 What is Professional Liability Insurance? How Can This Insurance Help My Practice? What About My Employer s Insurance? Where Can I Get This Insurance? How Can I Prevent Claims? Aon Risk Solutions CASW Professional Liability 3

4 What is Professional Liability Insurance? Negligence Duty owed to a Third Party Duty breached by your negligence Third Party suffers damages as a result Professional Liability Allegations of bad advice, or failure to give advice Third Party suffers financial loss (bodily injury included in some policies) Commercial General Liability Allegations of unintentional negligence leading to bodily injury or property damage Aon Risk Solutions CASW Professional Liability 4

5 What is Professional Liability Insurance? Professional Liability Named Insured is primary person covered Employees can be covered for certain actions Insurable interest (no outside Additional Insureds) Insured vs Insured Exclusion Commercial General Liability Definition of Insured Person very broad Vicarious liability Additional Insureds can be added (insured contracts) Aon Risk Solutions CASW Professional Liability 5

6 What is Professional Liability Insurance? Other things to remember: CGL specifically excludes Professional Liability PLI generally excludes BI & PD (except in certain cases) Legal fees for disciplinary hearings, certain Criminal charges not covered by CGL CGL can be extended to cover worldwide; PLI needs a separate policy Aon Risk Solutions CASW Professional Liability 6

7 How Can This Insurance Help my Practice? Meets compliance with provincial legislation Insurance provisions of service contracts Legal fees for disciplinary hearings, certain Criminal charges (if included in coverage) Coverage follows you, not your employer Aon Risk Solutions CASW Professional Liability 7

8 What About My Employer s Insurance? Covers employer first & foremost May not respond to certain actions against employees Degree of control Legal fees other than defence costs potentially not covered Loss of earnings due to trial Aon Risk Solutions CASW Professional Liability 8

9 Where Can I Get This Insurance? Local broker: $750 - $3,000+ Other programs: $100 - $1,100 (lower limits, fewer coverage extensions) CASW Program Aon Risk Solutions CASW Professional Liability 9

10 Where Can I Get This Insurance? Apply for or renew your insurance in one of three ways: 1. Follow the Aon links from 2. Visit 3. Call Aon Risk Solutions CASW Professional Liability 10

11 How Can I Prevent Claims? Talk to your Provincial Body Know your scope of practice Call Bell Temple Upgrade your skills Refer to a colleague with experience related to the service being demanded of you Record keeping - Document, document, document! Retain records (provincial and federal standards) Aon Risk Solutions CASW Professional Liability 11

12 Questions and Answers Professional Liability Insurance Understanding How it Works & Why You Need it Aon Risk Solutions CASW Professional Liability 12

13 Contacts Bill Durham, CAIB, CCIB, CRM Account Executive Aon Risk Solutions CASW Insurance Service Team Aon Risk Solutions Affinity Canada Aon Risk Solutions CASW Professional Liability 13

14 Thank you Important: This report contains proprietary and original material which, if released, could be harmful to the competitive position of Aon Reed Stenhouse Inc. Accordingly, this document may not be copied or released to third parties without Aon s consent.

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