Professional Liability Insurance

  • Who is BMS?

    BMS Canada Risk Services Ltd. (BMS) is the exclusive broker for CSHP’s Professional Liability & Commercial General Liability Insurance Program. BMS Canada is headquartered in Ottawa, and is part of BMS Group, a Lloyd’s of London broker. Their team of industry experts provides evidence-based risk management and specialist brokerage services while offering a comprehensive range of insurance products and resources to Canadian organizations. BMS provides coverage for more than 500,000 healthcare and regulated professionals across the country and has ensured CSHP members have comprehensive coverage that meets or exceeds all regulatory requirements and provides access to a range of other benefits.

  • What’s changed?

    This change was made with the goal of providing members with improved services, increased insurance coverage, and lower premium costs. This switch in brokers supports CSHP’s ongoing strategy of providing the most comprehensive and cost-effective liability coverage to members.

  • What is Professional Liability Insurance?

    Professional liability insurance protects members against liability or allegations for injuries or damages to a third party (such as a patient or client) that have resulted from a negligent act, error, omission, or malpractice that has arisen out of your professional capacity as a pharmacist or pharmacy technician.

  • What is Commercial General Liability Insurance and do I need this?

    Commercial general liability insurance (CGL) protects members from financial loss should they be sued due to property damage, injury, or death caused by your services, business operations, or your employees (not specifically related to your delivery of professional services, which is covered by your professional liability coverage).

    A typical example of commercial general liability insurance claim is slip and fall coverage, which protects you in the event someone falls at your clinic and claims that it was a result of your negligence (e.g. water on the floor).

  • How do I purchase coverage?

    Coverage can be purchased online within minutes, over the phone or by mail. Applications and a link to the online tool can be found here.

  • I’m not a CSHP member. Am I eligible to purchase this Insurance?

    In order to be eligible for the CSHP group insurance program, you must be a current Member or Individual Supporter of CSHP. As one of its member benefits, CSHP has negotiated with the broker and insurance company to provide discounted insurance rates to its members. Please join or renew prior to purchasing a policy. More information can be found here.