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Insurance Programs for Independent Contractors & Consultants

Insurance Programs for Independent Contractors & Consultants

As an Independent Contractor or Consultant, your insurance needs can vary based on your services and contracts. That’s why we offer two tailored programs.

Our Independent Contractors Insurance Program (ICP) is great for short-term assignments with one staffing company. If you work with multiple firms or directly with clients, our Association of Canadian Consultants (APCC) Insurance Program may be a better option.

To understand which coverage suits you best, we’ve broken down the differences between these two programs. For more advice and determining eligibility, reach out to our team at ICP@prolink.insure.

Insurance Programs for Independent Contractors & Consultants

As an Independent Contractor or Consultant, your insurance needs can vary based on your services and contracts. That’s why we offer two tailored programs.

Our Independent Contractors Insurance Program (ICP) is great for short-term assignments with one staffing company. If you work with multiple firms or directly with clients, our Association of Canadian Consultants (APCC) Insurance Program may be a better option.

To understand which coverage suits you best, we’ve broken down the differences between these two programs. For more advice and determining eligibility, reach out to our team at ICP@prolink.insure.

FEATURESICPAPCC
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
  • 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 under contract with the staffing agency designated in your application.
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
  • Accounting & Financial Consulting*
  • Administrative Services
  • Engineering Services*
  • Information Technology Consulting & Services
  • Management Consulting
  • Media Services
  • Technical/Construction Services*

*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.*

*The work must be completed in Canada and claims must be brought forth in a Canadian court of law.

  • 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.
  • Annual
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.
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 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 be eligible for this coverage.

Need to obtain an APCC Membership? Click here.

ADDITIONAL PROGRAM INFORMATION

Get In Touch

To speak to a professional who can guide you to the right coverage from the right insurer at the right price call us at:

1 800 663 6828

or send us an email at ICP@prolink.insure

Get In Touch

To speak to a professional who can guide you to the right coverage from the right insurer at the right price call us at:

1 800 663 6828

or send us an email at ICP@prolink.insure


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