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Professional Liability Insurance

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Designed specifically with pharmacists in mind

 

RxA is dedicated to provide our members with the relevant tools and resources to succeed professionally. This is why we we offer claims-made professional liability insurance through the Canadian Pharmacists Benefits Association (CPBA).  

 

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 personal liability insurance. 

 

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.

To help pharmacists better understand the liability insurance options available, the following resources have been provided:

 

Insurance Fact Sheet 

CPBA Brochure

Frequently Asked Questions

Errors and Omissions Insurance 101 Webinar 

 

 

To learn more about the exclusive benefits of the CPBA-sponsored program, please visit www.cpba.ca.

 

What is available through RxA?

The CPBA professional liability insurance offered through RxA exceeds ACP requirements and is well-suited for traditional roles as well as expanding scope of practice.

  • Optional $2,000.000/claim; $4,000,000 annual aggregrate professional liability insurance exclusive to RxA members that exceeds ACP licensing requirements. 
  • $5,000,000/claim and annual aggregrate also availabe to give members additional coverage 
  • Claims-made insurance. The policy covers claims first made during the policy term.

 

COMPLEMENTARY POLICY

CPBA recognizes that some pharmacists may be provided automatic E&O coverage through their employer. In order to have peace of mind, pharmacists now have the option to purchase a “complementary” policy that will help cover you for potential possible coverage gaps in your employer’s policy. It is important to note that you must have VALID primary coverage in order for the complementary insurance to respond. Please ensure that the primary coverage has not lapsed, was cancelled nor is invalid. 

 

RxA members can select add this option to their membership. Go to the Member Area and select Enhanced Membership Option.

 


How to purchase professional liability insurance offered through RxA?
CPBA professional liability insurance is only available to you if you are an RxA member.  Learn more about the benefits of membership here.

 

What if I already hold professional liability insurance through CPBA?
If you already hold claims-made professional liability insurance through CPBA, visit  the Member Programs page (member login required). Important resources pertaining to your insurance is available for you, such as policy information and what to do if a claim is filled against you.

 

 

 

Insurance Applciation Form Link Lrge