Errors and Omissions Practice Insurance

As a Registrant of the College, you are required to hold and maintain current malpractice insurance for Errors and Omission.  This insurance provides protection for miscellaneous malpractice liability for “claim(s)”s made and reported against a CVRP Registrant. A registrant who can not produce a current certificate of insurance upon audit or request, may be liable for discipline under the CVRP Policy 01: Professional Misconduct, Section:College Compliance #38. Click here for Policy 01- Professional Misconduct.
Most Professional Associations carry a group policy for Errors and Omissions Practice Insurance for their members. When researching appropriate insurance coverage, it is the responsibility of the registrant to ensure that the coverage is designed for College complaints and covers all aspects of VR practice. Inappropriate coverage could expose the CVRP Registrant to the potential discipline, as noted above, and liability for the high costs of defending a practice complaint.
For those Registrants who are not members of an association, LMS Prolink Insurance Group has developed a policy for CVRP Registrants called “Miscellaneous Malpractice Liability Policy for “Claim(s)”s Made and Reported”. Please contact Mr. Andrew Spencer directly through email to inquire about the particulars of this policy at : ANDREWS@LMS.CA

 

The VRA Canada E&O policy will defend allegations
brought against you (whether frivolous or with
merit) because of your professional services
provided to clients. Trisura Guarantee Insurance
Company, the insurance company underwriting VRA
Canada’s program, will defend you, cover your legal
defense costs and pay damages awarded to third
parties (subject to the terms of your policy).

 

https://www.vracanada.com/wp-content/uploads/VRA-Canada-EO-and-CGL-Overview.pdf