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Individual Professional Liability for Pharmacist Includes:
- $2,000,000 per Claim with $4,000,000 Annual Aggregate
(higher limits available upon request)
- $50,000 of legal expense for defence inproceedings against you by the Ontario College of Pharmacists Disciplinary Board, with an annual aggregate of $100,000
- Protection for all compensatory damages (subject to policy limits) for which you are legally obligated to pay resulting from the rendering or failure to render your professional services as mandated by OCP. Provides cover if you act as a consultant, dispensing full or part time.
- No Deductible
- Premiums are written on a 12 month policy term. Policy is issued January 1st each year.
- Defence from Dollar One.
- Prior Acts Coverage
- 3 year Extended Reporting Period
- Annual Premium of $200.00 plus 8% tax
Individual Professional Liability Application
For Pharmacy Owners, our comprehensive store insurance program includes:
- All risk on contents with NO limit on narcotics (must be in compliance with OCP regulation with safe keeping of narcotics)
- $50,000 EDP & $25,000 Data & Media
- $25,000 on valuable papers and accounts receivable
- Business Interruption on an Actual Loss Sustained (Profits)
- 25% Peak Season Endorsement
- Broad Form Crime with a limit of $10,000 and $25,000 employee dishonesty
- $5,000,000 General Liability
- $1,000,000 Broad Form Tenants Legal Liability
- $2,000,000 professional liability to protect the legal entity
- Flood, Sewer Back-Up, Earthquake, and Boiler & Machinery included
For more information, please contact Ben Malik @ 416-236-2321 or 1-800-381-4092 ext. 121 or bmalik@gellatlyinsurance.com
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