Professional Liability Insurance for Toronto Law Firms
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If you’re a Toronto law firm, legal professional, attorney or paralegal, you may find yourself accused of malpractice or negligence and legal action may be taken against you. Most Toronto law firms have Commercial General Liability Insurance (also known as CGL Insurance). Unfortunately, this typically only covers third-party property damage or bodily injury, not financial damages resulting from your legal services or advice.
Fortunately, EasyCover offers Toronto Law Firm Professional Liability Insurance (also known as Errors and Omissions Insurance). This unique form of insurance coverage protects you in the event that a client sues you for negligence and can help cover the costs of any legal proceedings. It’s the perfect way for Torontonians working in the legal industry to protect their professional reputations.
Examples of Toronto Law Firm Professional Liability Insurance
Typical Toronto IT claims scenarios include:
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Failure to file in time:
As an attorney, you fail to file a suit in time and it passes the statute of limitations. Due to the negative implications for your client, they sue you for malpractice
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Breach of fiduciary duty:
As a fiduciary representative, you fail to fulfill all of your duties for the client. They accuse you of malpractice
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Accusation of misrepresentation:
Following the conclusion of a case, the client argues you failed to address their needs and accuses you of misrepresentation. Toronto Law Firm Professional Liability Insurance can cover you in these circumstances
Protect yourself against the unexpected.
Protect yourself against the unexpected with Toronto Law Firm Professional Liability Insurance from EasyCover.
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