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Do You Need Excess Insurance?

Lawyers often ask if they have enough insurance. All insured lawyers in the province of Newfoundland and Labrador have mandatory insurance coverage of $1 million per claim with an annual aggregate limit of $2 million.

But is $1M enough?

In some cases, claims can exceed that limit – particularly as transaction values and exposures continue to grow.

Excess coverage is available through the Canadian Lawyers Insurance Association (CLIA), your reciprocal insurer established by Law Societies to serve the legal profession. Coverage is available up to $35M.

Apply, request a quote, or learn more, please click here.

 

Posted: 15 May 2026