Professional Liability & E&O Insurance in Saskatchewan
Professional liability or Errors & Omissions coverage addresses certain claims arising from professional services, advice, mistakes or alleged failure to perform. It is not the same as CGL and can have claims-made reporting requirements.
Key points
Verify how the rule or coverage applies to the specific business, contract and policy.
Verify how the rule or coverage applies to the specific business, contract and policy.
Verify how the rule or coverage applies to the specific business, contract and policy.
Verify how the rule or coverage applies to the specific business, contract and policy.
Define the service before selecting the policy
Consulting, design, software, bookkeeping and technical advice produce different professional exposures. The application should describe what the business actually delivers and any subcontracted services.
Claims-made timing can create gaps
A claim reported after a policy expires may not be covered if the contract is claims-made and no extended reporting protection applies. Retroactive dates should also be preserved when changing insurers where appropriate.
Contracts can be stricter than legislation
A client may require a certain E&O limit, certificate of insurance or contractual wording even if Saskatchewan law does not universally require that policy for the occupation. Statutory and contractual obligations should be documented separately.
Verify the current Saskatchewan rule or coverage
WCB policies, SGI carrier requirements and commercial insurance wording can change. Use the primary source below and confirm the requirements that apply to the business.
Insurance Bureau of Canada — Types of business insurance coverage →