| 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.
|
| 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:
- $1M E&O / $1M 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
|
| CORPORATION COVERAGE | - This policy extends coverage to the named Independent Contractor/Corporation under contract with the staffing agency designated in your application.
| - This policy extends coverage to your whole corporation, including all directors, staff, and hired contractors (contractors must be individuals and not incorporated).
|
| 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.
|
| COVERED SERVICES & EXCLUSIONS | - IT Consulting
- Management Consulting
- Administrative/Clerical*
- Accounting/Finance* (excl. CPA)
- Technical/Engineering* (excl. P.Eng.)
*with limitations/exclusions* | - IT Consulting (excl. Cyber/Finance)
- Management Consulting (excl. Technical/Engineering)
- Virtual Assistants (excl. Administrative/Clerical)
|
| COVERAGE TERRITORY | - E&O: Worldwide
- CGL: Canada and U.S.
| - E&O: Canada and U.S.
- CGL: Canada and U.S.
|
| POLICY PERIOD | - Flexible policy periods, ranging anywhere from from 1 week to 18 months.
| |
| CANCELLATION TERMS | - Flexible cancellation with:
- A full refund if the policy is cancelled before the effective date; or
- A prorated refund if cancelled after the effective date, provided there is no claim on the policy.
| - No refund for cancellation. If the policy is cancelled, your premium will be fully retained by PROLINK.
|
| 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.
|
| PROGRAM ELIGIBILITY | - In order to qualify for this program:
- You do not need to be a member of a professional association.
- You must contract with only ONE specified staffing company that is participating in PROLINK’s program.
- You will not qualify for the program if:
- You contract with multiple staffing companies.
- 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 be eligible for this coverage.
Need to obtain an APCC Membership? Click here. |
| ADDITIONAL PROGRAM INFORMATION | | |
