NUNAVUT · E&O + CYBER

Professional Liability & Cyber Insurance in Nunavut

A business providing advice, design, technology or professional services can face financial-loss allegations outside ordinary CGL. Organizations holding customer or employee data can also face cyber response, interruption and liability costs.

Requirement, contract and recommendation are different. Verify the current law, licence, customer contract and policy wording for the actual operation.

Key points

01Professional liability/E&O addresses defined allegations arising from professional services.

Confirm the current Nunavut rule and insurance contract for this business.

02CGL does not automatically replace E&O for pure financial loss.

Confirm the current Nunavut rule and insurance contract for this business.

03Cyber policies can address defined breach response, recovery, interruption and liability costs.

Confirm the current Nunavut rule and insurance contract for this business.

04Client contracts can specify E&O or cyber limits without creating a territory-wide legal minimum.

Confirm the current Nunavut rule and insurance contract for this business.

Match E&O to the stated service

Consulting, design, technology, accounting and regulated work create different duties. The application should accurately describe deliverables, clients and contract values.

Map data and vendors

Email, payroll, cloud systems, payment information, remote access and outsourced providers create privacy and network dependencies even for a small business.

Check retroactive dates and reporting rules

Claims-made policies can depend on when the act occurred and when the claim is reported. Coverage continuity can matter when changing insurers or closing an operation.

PRIMARY SOURCE

Verify the current Nunavut information

Insurance Bureau of Canada — Business insurance basics →

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