How Much Legal and Liability Insurance
Do I Need?

The amount of legal and liability insurance you need depends on your comfort level. But remember many dentists have been named in large lawsuits in the past and some will doubtless be again in the future. If you have any questions regarding what level of legal and liability coverage is right for you, please call us.

Malpractice Insurance:

Malpractice actions have resulted in large claims in the past, and it’s impossible to forecast how large a suit could be brought against you and your practice. It’s best, therefore, to select a coverage level that’s suited to your own personal need for security. Fortunately, Malpractice Insurance through the Canadian Dentists’ Insurance Program is inexpensive in relation to the size of the claim, so selecting even the maximum coverage level is very economical.

Dentists must reside in Canada to apply for coverage. Dentists in Quebec and Ontario must obtain Malpractice Insurance from their respective licensing bodies. Visit the Frequently Asked Questions — Insurance section of at www.cdspi.com to learn more about jurisdictions that are covered and not covered by the malpractice plan.

Personal Umbrella Liability Insurance:

The amount of coverage you may need will vary with your lifestyle, your need for security and the liability limits of your home and auto coverages. However, you should know that large lawsuits can and do happen in Canada, with settlements in the millions of dollars. Fortunately, Personal Umbrella Liability Insurance from the Canadian Dentists' Insurance Program provides protection in case a large lawsuit award goes beyond the liability limit of your home and auto coverages. Since the maximum available coverage doesn’t cost much more than the lower coverages, for total protection, you may wish to select the highest level.

Legal Expense Insurance:

There’s only one coverage level available from the Canadian Dentists' Insurance Program, so the question is not how much coverage you need, but how much you need this coverage. Remember that lawyers are expensive and to retain the services of a lawyer for even a short period of time is costly. This premium covers you — for a fraction of the legal fees you might have to otherwise pay.

Dentists

How Much Personal Insurance Do I Need?

How Much Practice Insurance Do I Need?