Calgary Professional Liability Insurance

Professional Liability Insurance in Calgary

If you are providing professional advice or service in Calgary, professional liability insurance is essential to protect yourself and your business. If you’re sued by a client or third party for a mistake, negligence, or failure to provide that service or advice, professional liability insurance can help cover your legal expenses.

What is professional liability insurance?

Also known as errors & omissions insurance, professional liability insurance helps cover legal expenses if you’re sued by a client or third party for a mistake or failing to provide a professional service or advice.

What is covered by professional liability insurance in Calgary?

Professional liability insurance covers legal expenses if you’re sued by a client or third party for a mistake or failure to provide your service or professional advice. This includes:

• Defense costs
• Settlements
• Judgement awards

Keep in mind that you’ll only be covered to your policy limit (the maximum amount that’s covered by your professional liability policy). You’re also not covered for intentional or criminal actions.

Exactly what’s covered will depend on your individual policy and the insurance company. Talk to one of our professional liability insurance brokers in Calgary for full details.

What scenarios are covered by professional liability insurance in Calgary?

The following scenarios are usually covered by professional liability insurance in Calgary:

Keep in mind that intentional or criminal acts won’t be covered. Your coverage may also depend on your industry and individual policy. Our professional liability insurance brokers can explain your coverage and answer any questions you may have.

What isn’t covered by Calgary professional liability insurance?

Generally, criminal and intentional acts are not covered by professional liability insurance in Calgary. For example, if you intentionally give bad professional advice to your client and it is proven in court, you may not be covered.

Do I need professional liability insurance in Calgary?

If you provide a professional service or advice in Calgary, you need professional liability insurance. This includes consultants, contractors, and business owners in the following areas:

Did you know? Many licensing or professional organizations require members to have professional liability insurance.

If you’re not sure if you need professional liability insurance in Calgary, our brokers can help. Give us a call or stop by one of our offices to speak to a professional liability insurance broker.

How do I get a professional liability insurance quote in Calgary?

You can get a professional liability insurance quote by:

• Visiting a Calgary office
• Giving us a call
• Getting a quote online
• Through EasyCover

Why partner with Acera Insurance for Calgary professional liability insurance

Here are a few reasons to partner with Acera Insurance for your professional liability insurance in Calgary:

• Our brokers are experienced, professional and friendly
• We’re an independent, employee-owned brokerage
• We offer choice and competitive Calgary professional liability insurance quotes
• We provide risk management services as well as insurance
• We put the customers first and are here for you from quote to claim and everything in between
• We work for you, not an insurance company. Get a professional liability insurance quote today and talk to one of our brokers to learn more.