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Good liability insurance coverage is one of the best investments that any
professional health care provider can make at this time. Complete coverage
backed by a reputable insurance company will
safeguard the investment you have made in your practice and your personal
finances. Also, as a responsible professional, you owe the public the security of providing
appropriate insurance should a claim arise against you or your business.
Anyone dealing with the public is exposed to risk, either from real or perceived
claims of negligence or physical injury. Homeopaths in particular need to
protect themselves against frivolous suits and other liability exposures associated
with their practices. This is especially so in these increasingly litigious
times, when plaintiffs can initiate lawsuits with no upfront costs, represented
by lawyers who are compensated on a contingency fee basis.
Canadian Society of Homeopaths has provided our practicing members with optional
professional liability insurance since our inception in 2006. This year we are pleased
to continue offering competitively-priced coverage that meets and exceeds requirements
of the College of Homeopaths of Ontario.
Our new plan for 2024 is by far the best package we have been able
to offer our members in the last 15 years. It combines both
professional liability and general commercial insurance, providing a minimum
$2 million coverage for each at a combined annual cost of $179 + plus brokerage
and sign-up fees. Higher limits and optional coverage are also available.
We invite all our professional members to investigate the benefits of our new
liability insurance package and to contact our office
at homeopathy@csoh.ca for details.
Members should also note that Canadian Society of Homeopaths terminated
our insurance group plan arrangement with ProLink, effective
2020.
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