Excess Professional Liability Insurance Option
Lawyers in Newfoundland and Labrador have mandatory insurance coverage of $1 million.
Recent claims experience demonstrates that for many members, $1 million in insurance coverage is no longer sufficient, especially when the mandatory limit not only includes damages but also defence costs. Costs to defend claims are ever-increasing.
Lawyers and law firms without excess insurance have to satisfy any claims over $1 million out of their own pockets.
Excess coverage can be purchased through the Canadian Lawyers’ Insurance Association (CLIA) in amounts from $1 million to $9 million. The premium rate structure per lawyer is as follows:
$1 million per occurrence/and aggregate = $ 343
$2 million per occurrence/and aggregate = $ 504
$3 million per occurrence/and aggregate = $ 589
$4 million per occurrence/and aggregate = $ 624
$9 million per occurrence/and aggregate = $ 873
Please contact Janice Ringrose, your Insurance Administrator, at 726-6008, email at email@example.com or complete an application for excess insurance at