La turquoise Pro is a broker specialized in professional liability insurance throughout Canada. Professional liability is a niche developed by us since 1987 in various fields, but especially in the world of financial service insurance.
Since the beginning of our professional liability activities, our insurer for this type of insurance is Lloyd’s of London, which has vast expertise in this field, both in Canada and in the United States.
Our available limits with Lloyd’s of London are:
Concerning the deductible, our minimum deductible is $1,000. However, depending on the organization we can increase the deductible to the maximum, i.e. $25,000. In certain situations and after verification of the laws governing each province, it is possible to increase the deductible up to a maximum of $500,000.
We can add a rider for distinguishing more comprehensive protection:
For a complaint to the authorities that govern financial representative and his cabinet. No contract provides professional liability protection or at least a defense to the representative.
For la turquoise Pro, a complaint with the financial authorities is also important that a malpractice suit. For if the consumer has succeeded in its complaint, it often results in civil proceedings against the representative or his firm.
To cope with this new trend is the increase in customer complaints, and in order to properly protect representatives, la turquoise Pro has introduced since 2001 legal expenses insurance, which is grafted to the professional responsibility to compensate for the lack of protection representative. Thus, upon the filing of the complaint by the consumer, the representative is assisted by legal advisers who will help defend and represent him with financial authorities in each province of Canada.
Documents to download: