Mandatory Innocent Party Coverage (associations, partnerships and LAW CORPORATIONS with more than one LAWYER)

Innocent Party Coverage protects members of the public - and thereby you - against the dishonest, fraudulent, criminal, or malicious acts or omissions of present or former partners, associates, employed LAWYERS and firm EMPLOYEE(s). The increased incidence of fraud-related claims also highlights the benefits of Innocent Party Coverage.

Minimum level Innocent Party coverage is required for all LAWYERS practising in association, partnership (including general, MDP and LLP partnerships) or a LAW CORPORATION (with more than one LAWYER).

Coverage sublimit: $250,000 per claim/in the aggregate applicable to claim expenses, indemnity payments and/or costs of repairs. Note that one claim with substantial defence costs would quickly erode the amount of funds available for indemnity.

This $250,000 sublimit coverage is provided within the primary insurance program coverage limits, and not in addition to the $1 million/$2 million coverage in place under the mandatory insurance program.