Professional Liability Insurance

RxA is dedicated to providing our members with the relevant tools and resources to succeed professionally. This is why we offer claims-made Professional Liability Insurance through the Canadian Pharmacists Benefits Association (CPBA), brokered by BMS Canada Risk Services Ltd. (BMS).  

CPBA Professional Liability Insurance for the 2026-2027 policy period can only be purchased along with 2026-2027 RxA Membership. *Insurance purchased after July 1, 2026, is effective upon purchase date.

What are the insurance requirements?

All pharmacists on the Alberta College of Pharmacists (ACP) clinical register must provide proof of a minimum of $2,000,000 Professional Liability Insurance. 

More information about the insurance requirements can be found here.

What are my options when it comes to Professional Liability Insurance? 

All insurance offerings are not created equal. Each pharmacist should understand their requirements for insurance and ensure their selected insurance option is appropriate for their circumstances. More information about the CPBA Professional Liability Insurance program and options can be found here.

What is available through RxA?

The CPBA Professional Liability Insurance offered through RxA exceeds ACP requirements and extends to a pharmacist’s full scope of practice.

  • $2,000,000/claim; $4,000,000 annual aggregate Professional Liability Insurance available to RxA members that exceed ACP licensing requirements. 
  • Higher limit options available. Claims-made insurance. The policy covers claims first made during the policy term.
  • Supplementary Policy – CPBA recognizes that some pharmacists have Professional Liability Insurance (E&O) coverage through their employer. Members can purchase a supplemental insurance policy, which is intended to supplement an existing primary professional liability insurance, which members may hold through their employer’s. It is important to note that you must hold a minimum 2M VALID primary coverage in order for the supplementary insurance to respond. Please ensure that the primary coverage has not lapsed, was cancelled, nor is invalid.

Exciting Coverage Enhancements for 2026

Effective July 1st, the CPBA professional liability insurance (PLI) policy is more comprehensive than ever before – and at no increased cost to you.

  • Key coverage highlights for the 2026-2027 PLI policy include:
  • Up to $5,000,000 per claim/aggregate
  • $100,000 for Disciplinary Defence Costs (HIGHER LIMIT)
  • $100,000 Legal Defence for Human Rights Tribunals (NEW)
  • $100,000 Subpoenaed to Appear (NEW)
  • $100,000 for Penal Defence Reimbursements
  • No deductible
  • And more

Are you a pharmacist in your first year of practice (registered/registering as a pharmacist for the first time)? Great news! Your $2M PLI option is now more affordable than ever, offering a15% savings compared to the regular cost. Please email rxa@rxa.ca for more information!

CPBA Professional Liability Insurance 2026–2027 can only be purchased along with 2026 – 2027 RxA Membership. To purchase insurance for up to June 30, 2026 please email rxa@rxa.ca