HUMAN RESOURCES PROFESSIONAL LIABILITY

HUB International is pleased to offer an insurance program that provides professional liability insurance coverage for human resource professionals. Our program has been tailored to meet your unique needs as a human resource professional consultant. 

FIVE THINGS YOU NEED TO KNOW ABOUT PROFESSIONAL OR ERRORS & OMISSIONS LIABILITY* 

  1. The definition of professional services is changing… for the worse.

The courts have been steadily expanding the notion of professional responsibility to new professions, and broadening the duty and standard of care a professional is expected to deliver.

  1. The judgment isn't your biggest worry.

Being sued for negligence is expensive. If you need to defend yourself (even if the claims against you is without merit), keep a cheque book handy, as legal fees, court costs, and professional witnesses don't come cheap.

Having Professional Liability Insurance means you will have their own expert to guide you through the process and help you make good decisions while the insurer pays the legal bills.

  1. The judgment should worry you too.

Having expert claims professionals and lawyers guiding you through the process can save you a lot of money and stress, but there is still the possibility of a large settlement or judgment against you.

In fact, court awarded judgments have more than doubled in size since 2000.

  1. It's not just your services that they need to be worried about.

Professional liability suits can also land in your lap when your employees mess up, or when a contractor or supplier doesn't uphold their promise.

In these cases, you will carry the burden of having to defend yourself against someone else's error or omission.

  1. A good contract between your client and their customers won't save them.

Although having a strong contract outlining the scope of services being provided (and limitation provisions) is a great risk management tool, they may not hold up in the courts.

The more negligent one is, the less likely a limitation of liability clause will protect you.

*Modified with permission from Trisura Guarantee Insurance Company

The HRPL program is restricted as follows: 

  1. Your business must be registered in Canada. 
  2. You must demonstrate sufficient training and/or certification to carry on business as a human resources consultant. 

To purchase online CLICK HERE.

Program Coverages

Commercial General Liability Coverage in addition to Errors & Omissions Liability Coverage.

Liability for Damage to Non-Owned Automobiles included. 

Legal Defense Reimbursement Coverage of $25,000 for successful defense of a disciplinary hearing/investigation brought by a professional regulatory body. 

Optional per limits of coverage available at: 

  • $1,000,000 
  • $2,000,000 

Coverage under this program commences on the day the insurance is purchased, extends to October 1, 2013, and is pro-rated based upon annual premium to this renewal date.

Choice of $1M or $2M per claim limit  for each of:

  • Errors & Omissions and
  • Commercial General Liability Coverage
  • $500 deductible per claim for CGL
  • $1,000 deductible for Errors & Omissions Liability

Includes:

  • Personal Injury – per selected per claim limit
  • Advertising Injury - per selected per claim limit
  • Tenants Legal Liability - $500,000
  • Products/Completed Operations
  • Cross Liability/Severability of Insured's
  • Occurrence Property Damage
  • Blanket Contractual
  • Broad Form Property Damage
  • Medical Payments - $5,000 per person/$25,000 per accident

Excludes:

  • Abuse, Harassment and Molestation
  • Total Asbestos Exclusion
  • Data Exclusion
  • Terrorism Exclusion

*NOTE: The policy purchased through this program is for liability coverage ONLY i.e., it protects the insured when negligent acts and/or omissions result in bodily injury and/or property damage to a third party. The policy DOES NOT provide coverage for an injury to the insured themselves or for property/equipment owned by the insured.

To purchase online CLICK HERE.

Insurer

This program is underwritten by Trisura Guarantee Insurance Company.  Trisura Guarantee Insurance Company is a Canadian-based Property and Casualty insurance company, incorporated under the Insurance Companies Act (Canada).  

Made in Canada solutions, exceptional service, and expertise from experienced, disciplined underwriters — in combination, these attributes provide Trisura with an innovative edge in the Canadian marketplace. 

www.trisura.com 

To purchase online CLICK HERE. 

Resources

FIVE THINGS YOU NEED TO KNOW ABOUT PROFESSIONAL OR ERRORS & OMISSIONS LIABILITY*

  1. The definition of professional services is changing… for the worse. The courts have been steadily expanding the notion of professional responsibility to new professions, and broadening the duty and standard of care a professional is expected to deliver. 
  2. The judgment isn't your biggest worry. Being sued for negligence is expensive. If you need to defend yourself (even if the claims against you is without merit), keep a cheque book handy, as legal fees, court costs, and professional witnesses don't come cheap. Having Professional Liability Insurance means you will have their own expert to guide you through the process and help you make good decisions while the insurer pays the legal bills. 
  3. The judgment should worry you too. Having expert claims professionals and lawyers guiding you through the process can save you a lot of money and stress, but there is still the possibility of a large settlement or judgment against you. In fact, court awarded judgments have more than doubled in size since 2000. 
  4. It's not just your services that they need to be worried about. Professional liability suits can also land in your lap when your employees mess up, or when a contractor or supplier doesn't uphold their promise. In these cases, you will carry the burden of having to defend yourself against someone else's error or omission. 
  5. A good contract between your client and their customers won't save them. Although having a strong contract outlining the scope of services being provided (and limitation provisions) is a great risk management tool, they may not hold up in the courts. The more negligent one is, the less likely a limitation of liability clause will protect you. 

*Modified with permission from Trisura Gurantee Insurance Company

To purchase online  CLICK HERE.