| COVERAGES | - This policy includes both Professional Liability (E&O) Insurance and Commercial General Liability (CGL) Insurance.
| - This policy includes both Professional Liability (E&O) Insurance and Commercial General Liability (CGL) Insurance. Optional business contents coverage and extended reporting period coverage are available.
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| LIMITS | - Coverage limits are available at:
- $1M E&O / $1M CGL per claim and in aggregate
- $2M E&O / $2M CGL per claim and in aggregate
- $5M E&O / $5M CGL per claim and in aggregate
| - Coverage limits are available at:
- NEW: $5M E&O / $5M CGL per claim and in aggregate
- $2M E&O / $2M CGL per claim and in aggregate
- $3M E&O / $3M CGL per claim and in aggregate
- $2M E&O / $5M CGL per claim and in aggregate
- NEW: Property Coverage from $20,000 – $150,000
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| CORPORATION COVERAGE | - The coverage is limited to the named Independent Contractor/Corporation under contract with the staffing agency designated in your application. Employees of the Corporation are not covered.
| - This policy extends coverage to the named Independent Contractor/Corporation.
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| CONTRACTS | - Provides coverage for one contract with a staffing agency that is participating in PROLINK’s program.
| - Provides coverage for multiple contracts, whether they’re with agencies or directly with clients.
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| COVERED SERVICES & EXCLUSIONS | - Accounting & Financial Consulting*
- Administrative Services
- Engineering Services*
- Information Technology Consulting & Services
- Management Consulting
- Media Services
- Technical/Construction Services*
*with limitations/exclusions* | - NEW: Accounting & Financial Consulting*
- Administrative Services
- NEW: Engineering Services*
- Information Technology Consulting & Services
- Management Consulting
- NEW: Media Services
- NEW: Technical/Construction Services*
*with limitations/exclusions*
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| COVERAGE TERRITORY | - E&O: Worldwide*
- CGL: Canada and U.S.*
*The work must be completed in Canada and claims must be brought forth in a Canadian court of law. | - E&O: Worldwide*
- CGL: Canada and U.S.*
*The work must be completed in Canada and claims must be brought forth in a Canadian court of law. |
| POLICY PERIOD | - Flexible policy periods, ranging anywhere from from 1 week to 18 months.
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| CANCELLATION TERMS | - Flexible cancellation with:
- A full refund if the policy is cancelled before the effective date; or
- A prorated refund of the premium if cancelled after the effective date, provided there is no claim on the policy. The policy fee is not refundable.
| - No refund for cancellation. If the policy is cancelled, your premium will be fully retained by PROLINK.
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| COST | - Rates are determined based on your role (e.g. IT, Management Consulting, etc.), plus an additional policy fee; revenues are not a consideration factor for your premium.
| - Rates are determined based on your total annual revenue.
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| PROGRAM ELIGIBILITY | - In order to qualify for this program:
- You do not need to be a member of a professional association.
- You must be contracting with a staffing company that is participating in PROLINK’s program.
- You will not qualify for the program if:
- You work independently/directly with clients.
- You are no longer contracting with a staffing company that is part of PROLINK’s program.
- You are in a role that has signing authority, final decision-making authority, or supervisory responsibilities.
- You are subject to one of the Administrative/Clerical or Accounting/Finance or Technical/Engineering Exclusions.
- If you are unable to participate in the ICP program, you may be eligible for coverage through the APCC Professional Insurance Program or another one of PROLINK’s Professional Insurance Programs.
| - You must be a member of the Association of Professional Canadian Consultants (APCC) to access discounted group rates. Click here to obtain an APCC membership.
- Program also available for non-members at standard rates.
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| ADDITIONAL PROGRAM INFORMATION | | |
