Professional Liability Insurance (PLI) 2018

Alberta Professional Planners Professional Liability Insurance (PLI) Coverage 2018 Information and FAQs

APPI is pleased to announce that BMS Canada Risk Services Ltd (BMS Group) is the Institute’s new and exclusive insurance broker for all regulated members' Professional Liability Insurance (PLI), effective January 1, 2018.  This change supports APPI’s ongoing mission of providing the most comprehensive and cost-effective liability coverage to our members.  For 2018, APPI members will see enhanced coverage at a reduced cost, increased value and further improved services.  Some key highlights of the new program are:

·         Reduced insurance premiums from $51 to $47
·         Increased defense costs limits
·         10 year free extended reporting period for Non-Practicing and Retired members
·         Expanded territorial limits
·         Several new coverage enhancements 

APPI participating members will also benefit from additional practice risk resources, continued educational support and exceptional customer services. If you have any questions about the liability protection available, please contact BMS Group at Toll Free: 1-844-294-2714 or Via Email: [email protected]

Professional Liability Insurance (PLI) 2018 Coverage Information and FAQs - Click Here

BMS Group PLI Commercial General Liability Brochure - Click Here

PLI Sample Certificate - Click Here and to request your personal PLI certificate send an email to [email protected].

Extended Reporting Period for Retired and Non Practicing Members

As of January 1, 2018, APPI’s new PLI program includes a ten year Extended Reporting Period that is automatically available at no cost or additional premium for Retired and Non-Practicing Members who have been insured under the Institute’s  Insurance Program for a minimum of two (2) years. The Extended Reporting Period protects against claims that may arise for up to 10 years provided that the claim is related to prior incidents and exposures that occurred during their past practice and before the end of their last active policy.