1. Will you give an estimate of the premium over the telephone?
2. Do you offer discounts for membership in certain associations or affiliations?
3. Will our agency automatically qualify for the insurance package?
4. Some of the limits seem stratospheric – can we reduce any of them in order to save some premium?
5. We have several offices. May we complete one quotation form for all offices?
6. May the premium be financed?
7. May the package be written for less than a one-year term in order to coincide with our fiscal year-end?
8. With respect to E&O coverage, are prior acts covered?
9. May we buy the General Liability (CGL) and Errors & Omissions Liability (E&O) only, so our existing insurance agent keeps our office contents insurance?
10. May we buy E&O only?
11. Is the E&O coverage compliant with the January 1, 2007 legislation in British Columbia and existing legislation in other provinces?

 

1. Will you give an estimate of the premium over the telephone?

We will either email or fax your exact quotation within 10 days of receipt of the Quotation Request Form.

2. Do you offer discounts for membership in certain associations or affiliations?

Yes, any credits available will automatically be reflected in your written quotation.

3. Will our agency automatically qualify for the insurance package?

There are many underwriting prerequisites but we expect the vast majority of agencies will qualify.

4. Some of the limits seem stratospheric – can we reduce any of them in order to save some premium?

The package limits are pre-set deliberately high to preserve simplicity but you are only rated according to your realistic values and exposures.

5. We have several offices. May we complete one quotation form for all offices?

The program insures each office on a separate policy. Therefore, we require a Quotation Request Form to be completed for each office.

6. May the premium be financed?

All premiums must be received on or prior to inception date of coverage. (The cheque date must be no later than the inception date of the policy.)

7. May the package be written for less than a one-year term in order to coincide with our fiscal year-end?

Yes, for the first term only. Just provide our office with the dates required (financial year end) and we will pro-rate the premium accordingly.

8. With respect to E&O coverage, are prior acts covered?

Yes, provided they they are unknown to you or your agency as of the E&O inception date.

9. May we buy the General Liability (CGL) and Errors & Omissions Liability (E&O) only, so our existing insurance agent keeps our office contents insurance?

Of course you may, but please indicate this preference on your Quotation Request Form.

10. May we buy E&O only?

No, both forms of liability (CGL and E&O) insurance are inseparable.

11. Is the E&O coverage compliant with the January 1, 2007 legislation in British Columbia and existing legislation in other provinces?

Absolutely (with the exception of Alberta).

 

Please feel free to forward any other questions you may have to Wylie-Crump Limited via email, fax or telephone. Please note our hours of operation are weekdays 8:00am – 4:00pm, Pacific Time.