Project Management

Project Management Central

Please login or join to subscribe to this thread

Topics: Consulting, New Practitioners
Canada General liability insurance
Anyone operating in Canada have recommendations for an insurance company for General Liability Insurance, and errors and omissions insurance. I was hoping the PMI would have some arrangment with insurance companies for reasonably priced insurance.
Sort By:
We use Westland Insurance here in British Columbia and I believe they operate in the East as well.
Todd -

I'd suggest checking with your local Chapter as some might have partnerships with insurance providers that offer such products. I know the Lakeshore Chapter has a tie up with Johnson for Auto & Home insurance so the Ottawa-Hull Chapter might have something similar for liability insurance...

Kiron
I received a few letters from PMI Chapters for promotions on Car and Home insurance! Nothing for liability insurance, though.
I would check banks, e.g. RBC, TD
Your accountant may be a good source of business insurance companies.
Thanks All. It appears there are a couple of insurance providers that have created policies specifically for professional contracting. Prolink and Easycover are two that I found. They offer custom packages for contractors working through contract agencies. I contacted Prolink. They have insurance for working with one agency ($30/month), or for working with multiple agencies (50$/month). They have different levels however these prices were for $1,000,000 of each General and Errors and Omissions. Seems reasonably affordable. When I am getting insurance directly from one of the contract firms it comes in around $20/month, however they have some kind of volumne agreement and I as a small business do not get that rate.
...
1 reply by Stéphane Parent
Nov 07, 2022 12:19 PM
Stéphane Parent
...
Thanks for letting us know, Todd. I'm sure there are a few Canadians that may need the same insurance.
Here is what I found.
1.       PROLINK– PROLINK has been providing insurance to the Independent Contractor community for over 10 years and they have put together a special program for the National Association of Canadian Consulting Businesses (NACCB), which many agencies are members of. This program provides $2M and $5M insurance options for Independent Contractors for as low as $25/month.
2.       EasyCover – Rogers Insurance is an established provider of Independent Contractor insurance and through their EasyCover program, Independent Contractors can access liability insurance for their business with limits of $1M, $2M and $5M and for prices as low as $25/month for anyone on assignment with one agency. 
...
2 replies by Kiron Bondale and Rami Kaibni
Nov 07, 2022 1:11 PM
Rami Kaibni
...
Great info Todd, thank you for sharing!
Nov 07, 2022 5:01 PM
Kiron Bondale
...
Thanks Todd!

If I am not mistaken, I'd used Prolink (back when they were LMS Prolink) for $2M of general/liability insurance a couple of decades back when I had a contract gig in the U.S.. The premiums were pretty hefty then, but I was able to build those costs into my hourly rate with the client.

Kiron
Nov 07, 2022 12:16 PM
Replying to Todd Keuleman
...
Thanks All. It appears there are a couple of insurance providers that have created policies specifically for professional contracting. Prolink and Easycover are two that I found. They offer custom packages for contractors working through contract agencies. I contacted Prolink. They have insurance for working with one agency ($30/month), or for working with multiple agencies (50$/month). They have different levels however these prices were for $1,000,000 of each General and Errors and Omissions. Seems reasonably affordable. When I am getting insurance directly from one of the contract firms it comes in around $20/month, however they have some kind of volumne agreement and I as a small business do not get that rate.
Thanks for letting us know, Todd. I'm sure there are a few Canadians that may need the same insurance.
Nov 07, 2022 12:19 PM
Replying to Todd Keuleman
...
Here is what I found.
1.       PROLINK– PROLINK has been providing insurance to the Independent Contractor community for over 10 years and they have put together a special program for the National Association of Canadian Consulting Businesses (NACCB), which many agencies are members of. This program provides $2M and $5M insurance options for Independent Contractors for as low as $25/month.
2.       EasyCover – Rogers Insurance is an established provider of Independent Contractor insurance and through their EasyCover program, Independent Contractors can access liability insurance for their business with limits of $1M, $2M and $5M and for prices as low as $25/month for anyone on assignment with one agency. 
Great info Todd, thank you for sharing!
Nov 07, 2022 12:19 PM
Replying to Todd Keuleman
...
Here is what I found.
1.       PROLINK– PROLINK has been providing insurance to the Independent Contractor community for over 10 years and they have put together a special program for the National Association of Canadian Consulting Businesses (NACCB), which many agencies are members of. This program provides $2M and $5M insurance options for Independent Contractors for as low as $25/month.
2.       EasyCover – Rogers Insurance is an established provider of Independent Contractor insurance and through their EasyCover program, Independent Contractors can access liability insurance for their business with limits of $1M, $2M and $5M and for prices as low as $25/month for anyone on assignment with one agency. 
Thanks Todd!

If I am not mistaken, I'd used Prolink (back when they were LMS Prolink) for $2M of general/liability insurance a couple of decades back when I had a contract gig in the U.S.. The premiums were pretty hefty then, but I was able to build those costs into my hourly rate with the client.

Kiron

Please login or join to reply

Content ID:
ADVERTISEMENTS

"I'm glad I did it, partly because it was worth it, but mostly because I shall never have to do it again."

- Mark Twain

ADVERTISEMENT

Sponsors