Professional Liability Insurance, Property Insurance and/or Commercial General Liability Insurance

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Marsh Canada Limited continues to be your appointed broker for the ADRIC Sponsored Insurance Program, which has just recently been reviewed and improved again. The program, underwritten by Certain Underwriters at Lloyd’s of London, effective July 1, 2018,  has been specially designed and allows for ADRIC Full members to benefit from the power of group purchasing for their professional liability insurance needs with additional optional coverages also available for commercial liability, cyber liability, property,  legal expense insurance and now ID restoration services.

With professional liability issues continuing to be a key concern, some members have commented that access to this insurance program alone is worth the yearly cost of membership with ADRIC and its affiliates. ADRIC strongly encourages all Full members to be insured.

Please visit the Marsh website at marsh.ca/adr for a quote or contact your Marsh Canada licensed insurance broker at 1 888 711 9010 or errorsandomissions.insurance@marsh.com for more information. Several enhancements to coverage have been included and are summarized below.

 

The following have been applied for the 2018-2019 term:

  • 15% discount for members who have ADRIC Chartered designation status;
  • 5% discount for members who have ADRIC Qualified designation status;
  • 10% discount for three years after completion of ADRIO’s online Ethics Course “Practical Ethics for Working Mediators”;
  • Coverage is Worldwide except USA; small surcharge of $100 applicable for US coverage subject to Underwriter approval;
  • Removal of retroactive date subject to 2 years continuous cover under ADR program;
  • Premium reduction of 5% on the Commercial General Liability portion of your coverage (subject to being claims free for 5 years);
  • Please note that all discounts are subject to a maximum combined discount of 25%.

 

1. Training/Teaching coverage is now offered at no additional premium.

2. Insured definition expanded to include the following categories:

  • ADR Practitioner (services as defined below excluding Arbitrator)
  • Arbitrator (including ADR Practitioner services as defined below)

3. Insured Services clarified to include:

  • Negotiation
  • Mediation
  • Arbitration
  • Group Facilitation
  • Facilitation (2-party, not group)
  • Conferencing
  • Group Needs Assessment (GNA)
  • Group Intervention (GI)
  • Conflict Coaching
  • Executive Coaching (not conflict coaching)
  • Early Neutral Evaluation
  • Executive Mini Trial
  • Judicial Mini Trial
  • Collaborative Law
  • Parenting Coordination (Med/Arb)
  • ADR Consultations
  • Pre-ADR Process (assisting the parties to select an appropriate ADR process)
  • Ombudsman
  • Judicial Dispute Resolution (JDR)
  • Selection and Hiring of ADR Practitioners
  • Training / Instruction / Coaching of ADR Practitioners and members
  • Training / Instruction / Coaching in the workplace or family
  • ADR Systems Design / Implementation and/or Management
  • Workplace Investigations
  • Restorative Practices /Restorative Justice Circles
  • Circles
  • Adjudication

4. Optional DAS Legal Coverage: Legal expense insurance is now available for only $95.00 per year (plus applicable taxes) – Through an exclusive offering for Marsh Canada professional liability insurance clients, you are now eligible to purchase legal expense insurance (LEI), underwritten by DAS Canada, at the special preferred rate of only $95.00/year. In addition unlimited telephone legal advice, LEI may help pay for lawyers’ fees, disbursements for expert witnesses, medical reports, and court costs, and adverse costs if you lose your case and a judge orders you to pay the other party’s legal fees. Remember that the need for legal expense insurance can arise from everyday occurrences such as dealing with drivers’ license issues, bodily injury, employment disputes, or CRA (Canada Revenue Agency) tax matters including audits.

 

PROFESSIONAL LIABILITY

Professional Liability insurance covers liability for damages arising from  the rendering of or failure to render Alternative Dispute Resolution services.   Only Full Members are eligible to apply under the ADRIC sponsored program.  To apply, please clink on the link marsh.ca/adr

View Brochure.

Option 1 Option 2 Option 3 Option 4
$1,000,000 per claim limit

$2,000,000 aggregate limit

$1,000 deductible

$2,000,000 per claim limit

$4,000,000 aggregate limit

$1,000 deductible

$3,000,000 per claim limit

$6,000,000 aggregate limit

$1,000 deductible

$5,000,000 per claim limit

$5,000,000 aggregate limit

$1,000 deductible

OR OR OR OR
$1,000,000 per claim limit

$2,000,000 aggregate limit

$500 deductible

$2,000,000 per claim limit

$4,000,000 aggregate limit

$500 deductible

$3,000,000 per claim limit

$6,000,000 aggregate limit

$500 deductible

$5,000,000 per claim limit

$5,000,000 aggregate limit

$500 deductible

 

Also included in any of the options listed above are the following extensions of coverage:

COVERAGE DEFINITION SUB-LIMITS
Legal Expense Reimbursement Offers reimbursement of legal expenses if a complaint is made against you and you are required to defend yourself in front of a disciplinary committee. $25,000 per claim
Criminal Reimbursement Provides reimbursement for legal expenses incurred if you are brought  into a suit for a criminal offense and were found not guilty. Actual Cost Incurred

CYBER LIABILITY (Optional)

First Party Hacker Damage and Third Party Cyber Liability sub-limited to $25,000 per claim and aggregate.

PROPERTY (Optional)      

Property Damage limited to $25,000 per claim                                                                                           

COMMERCIAL GENERAL LIABILITY

If you wish to complement your Professional Liability Insurance Policy with Commercial General Liability please see below. This covers liability for property damage and/or bodily injury arising out of your business operations.

Option 1 Option 2 Option 3 Option 4 Option 5
$1,000,000 per claim

$500,000 Tenants Legal Liability

$1,000,000 Standard Non-Owned Auto

Deductible $500

$2,000,000 per claim

$500,000 Tenants Legal Liability

$1,000,000 Standard Non-Owned Auto

Deductible $500

$3,000,000 per claim

$500,000 Tenants Legal Liability

$1,000,000 Standard Non-Owned Auto

Deductible $500

$2,000,000 per claim

$1,000,000 Tenants Legal Liability

$2,000,000 Standard Non-Owned Auto

Deductible $500

$3,000,000 per claim

$1,000,000 Tenants Legal Liability

$2,000,000 Standard Non-Owned Auto

Deductible $500