Chartered Accountants
Professional Liability Coverage
- Errors and Omissions Coverage (Claims Made)
- Defense Costs, Settlement and Claim Expenses (part of the Policy Limit)
- Supplementary Payments (part of the Policy Limit)
- Coverage for Attendance & Discipline
- Expense incurred for attendance at examination or trial
- Legal feels defense of disciplinary proceedings
- Sub-limit of $20,000 (part of Policy Limit)
- Extended Reporting (Discovery) Period
- Automatic 60 days in the event of non-renewal or cancellation (for other than non-payment of premium) at no charge
- Optional Extended Reporting for up to six (6) years at additional premium
- Territory - Canada and USA
- Civil Penalties Coverage (Optional)
- Third Party civil penalties pursuant to Section 163.2 of the Income Tax Act (Canada)
- Directors & Officers Liability Extension (Optional)
- Optional coverage (at additional premium) for wrongful acts while acting as a director or officer of a national, patriotic, religious, philanthropic, charitable, scientific, artistic, professional of sporting organization














