Paralegal Insurance Canada
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Frequently Asked Questions (FAQ)

Q. The Law firm I work for has insurance. I thought they were covering me?

A. Think again! You should know that the Law Firm's (employer’s) legal representation and insurance coverage are in place to protect the Lawyer (employer) from liability, and to protect the best interests of the Lawyer (employer) first and foremost, regardless of whether those interests are in conflict with yours. Your own professional liability insurance policy protects you; it covers you in the case of an error or negligent act and ensures that you have personalized legal assistance and protection from liability exposure. Here is an link to Lawpro that specifically states " law clerks and paralegals are not eligible to purchase coverage under the program and are not Insureds under the program policy".  click here.

Q. What is the difference between professional liability insurance and commercial general liability insurance?

A. While the professional liability covers you for the rendering or failure to render professional services, commercial general liability is extended to cover claims for bodily injury, personal injury and property damage to others for which you are legally liable. Commercial General Liability insurance provides protection for Mediators for non professional liability exposures associated with serving clients. For example, the liability for clients falling and being injured on your premises or in your office.

Commercial General Liability also extends to include such coverage as libel, slander, wrongful eviction and defamation.

Q. What is the difference between a claims-made policy and an occurrence policy? 

A. An Occurrence policy protects you against incidents that occur while the policy is in force, regardless of when the claim is reported. A Claims Made policy protect you against claims that are made or reported during the policy period regardless of when the claim actually happened. 

Q. Can I renew my professional liability coverage over the phone?

A.  No we cannot accept renewals over the phone. Each year you are required to update your renewal application. You then have the option of faxing/emailing or mailing us your professional liability renewal form.

Q. What happens to my professional liability insurance if I move to another province or work outside of Canada?

A. Our policy provides liability insurance coverage Canada-Wide. We can cover you for special circumstances outside of Canada if you have temporary work outside of Canada for a number of other reasons.

Q. Can I renew my professional liability coverage over the phone?

A. No, we cannot accept renewals over the phone. Every other year you are required to update your renewal application. You then have the option of faxing/emailing or mailing us your professional liability renewal form.

Q. What happens to my professional liability insurance if I move to another province or work outside of Canada?

A. Our policy provides liability insurance coverage Canada-Wide. We can cover you for special circumstances outside of Canada if you have temporary work outside of Canada for a number of other reasons.

Q. How long does it take to get a quote?

A. Usually within 5 business days. However, we recognize that Paralegals want to buy their insurance quickly and simply. That is why our insurance policy is backed up by exceptional service levels featuring:

 

Complete applications with payment are processed within 48 hours with the exception for those with claims.

We fast-track service for urgent submissions

Confirmation of Insurance is provided within 48 business hours of binding.

 

Q. Am I covered if I see clients at home?

 

A. Yes, the policy covers you to work at or from any location within Canada. This includes your home, and the coverage is not restricted in any way by working from home. However you may find that your homeowners insurance company may restrict or invalidate your home insurance if you have business visitors to your home. If this is the case, don't worry, Holman Insurance Brokers Ltd. has a special Homeowner's insurance policy which will cover you to see clients at home.

Q. What should I do if I think I might need to claim?

A. You should notify us immediately, even if you only think you might need to make a claim. We are here to help and quick action could mitigate costs or even prevent a claim. Equally, if you have a routine query on which you would like our opinion, we are always happy to help.

Q. What happens if I retire, die or cease to do business?

A. Remember professional liability policies are written on a "claims made basis". Once you lapse or cancel your policy you will no longer have coverage for work that has been performed in the past. To solve this problem we can provide ‘run-off’ or extended reporting coverage. If you take out this cover, if any claims come in after you have retired, they will be covered if they arise from your business activity while you had coverage in effect. This cover would ensure that any late claims are still covered while the extended reporting coverage is in effect. You must contact us (or your Estate) to arrange this cover, and a charge will apply.

Q. Does your policy meet the requirements of the LSUC - Law Society of Upper Canada?

A. Coverage meets the requirements of Law Society of Upper Canada and includes the required 60 days notice of cancellation clause.

Q. I understand that I am not insured unless I charge a fee for services. Is this correct?

A. No, it is not correct. A fee, however, does establish that a contract is in place and can help protect the rights of both the paaralegal and the client.

Q. How can I pay for my Insurance?

We have may options available for you to pay for your premiums with the exception of credit cards.

A. For payment options click here 

Q. How do I know if I am eligible for coverage under the program?

If you answer YES to any of the questions below, you will NOT be automatically eligible for coverage. This however does not mean that you are precluded from applying for coverage. Instead, you must complete the application and send it to Holman Insurance Brokers and include such things as a copy of the statement of claim and other details regarding the claim. The underwriting process may take 3-5 business days and acceptance is not guaranteed. A premium surcharge may also apply if you answer YES to any of the following questions:

  • Has any claim been made or lawsuit brought against you due to any actual or alleged wrongful act or mistake? 
  • Have you or any of your employees been the recipient of any allegations of professional negligence in writing or verbally? 
  • Are you or any of your employees aware of any facts, circumstances or situations which may reasonably give rise to a claim? 
  • Has there been or is there now pending against you any suit(s), proceeding(s), claims(s), fact(s), or situation(s) that would have been covered by this insurance? 
  • Have you ever had any license suspended or cancelled? 
  • Have you had any insurance company either decline to issue or cancel any errors and omissions insurance? 
  • Have you ever been charged with or convicted of a dishonest or fraudulent act? 
  • Have you ever been found guilty of any violation of Federal or Provincial insurance or securities law or regulation? 

Paralegal Insurance Program administered by
Holman Insurance Brokers Ltd.

Contact:

Paul Holman, B.A.(Hons.), CAIB, CRM, RIB(Ont.)
President

Holman Insurance Brokers Ltd.
3100 Steeles Ave. East Suite 101
Markham ON L3R 8T3


Tel: 905-886-5630
Fax: 905-886-5622
Email: paul.holman@holmanins.com

 

 

 

 

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Special Note               

 
   We can also insure:
 
Arbitrators
Lawyers and Law Firms
Private Investigators
Title Searchers
Document Searchers
Background checkers
Collection Agents
Human Resource Professionals
Temporary Staffing firms
Placement agencies
Mediators