Architects & Engineers Insurance For Small Firms In Canada is available through the experienced Canadian insurance brokers at ALIGNED Insurance.

ALIGNED Insurance brokers handle Architects & Engineers Insurance For Small Firms In Canada including:

• Professional liability insurance for environmental engineers
• Professional liability insurance for mechanical engineers
• Professional liability insurance for structural engineers
• Professional liability insurance for electrical engineers
• Professional liability insurance for other engineers & architects
• Professional liability insurance for BCIN Designers

How Does Architects & Engineers Insurance For Small Firms In Canada Work?

Architects and engineers are integral in ensuring the successful design and implementation of all development projects, and, as a result, are exposed to considerable risks which is why having the right Architects & Engineers Insurance for small firms in Canada is critical. ALIGNED Insurance is an independent insurance brokerage and works with more than 65 of Canada’s top insurers including Victor (formerly named ENCON).  Victor is one of the Canadian leaders of insurance for Architects & Engineers Insurance For Small Firms In Canada, is endorsed by the Association of Consulting Engineering Companies Canada and Engineers Canada. The right architects & engineers insurance for small firms in Canada helps protect organizations from claims and allegations of professional negligence on the part of the business owner or the firm’s employees.

Typical Coverage Features of Architects & Engineers Insurance For Small Firms In Canada

• Policy Form – architects & engineers insurance for small firms in Canada is written on a claims-made and reported basis with full coverage for prior acts
• Policy Period – Limits can be purchased on an annual basis or for a three-year policy term
• Capacity – Limits are available on a per claim and aggregate basis as follows:
  • $250,000/$500,000
  • $500,000/$1,000,000
  • $1,000,000/$1,000,000
  • $1,000,000/$2,000,000
  • $2,000,000/$2,000,000

• Low minimum premiums
• Simplified application form
• Duty to defend worldwide
• Defence costs in excess of the limit in Canada
• Zero deductible for qualifying risks
• First dollar defence coverage worldwide
• Punitive and exemplary damages coverage, where insurable by law
• Full retroactive coverage
• Broad definition of Named Insured
• Broad definition of Professional Services
• Design-build coverage
• Equity interest coverage where the insured’s interest does not exceed
  25 per cent
• Joint ventures with other design professionals
• Pollution liability coverage
• Disciplinary action expense coverage ($25,000 sublimit)
• Occupational Health and Safety Act expense coverage ($25,000 sublimit)
• Loss of documents expense coverage ($25,000 sublimit)
• Crisis Event expense coverage ($25,000 sublimit)
• Breach of confidentiality coverage ($250,000 sublimit)
• Libel and slander coverage ($250,000 sublimit)
• Outside Directorship coverage (ODL) for non-profit organizations ($250,000 sublimit)
• Territory covered by architects & engineers insurance for small firms in Canada – Services rendered and claims made anywhere in the world
• Guaranteed annual premiums for term

For questions or to learn more about Architects & Engineers Insurance For Small Firms In Canada speak to an ALIGNED Insurance broker today at 1-866-287-0448

Other Related Posts: 

• https://www.alignedinsurance.com/engineers-insurance-overview/
• https://www.alignedinsurance.com/professional-liability-insurance-for-architects-and-engineers/

Additional Insurance Coverages For Canadian Architectural & Engineering Firms