Enhanced coverage: Outside Directorship Liability Insurance

All lawyers indemnified by LIF now have the protection of Outside Directorship Liability (ODL) insurance through Lloyd’s Underwriters, at no additional cost. The ODL policy provides coverage (subject to terms) for claims made against you as a director or equivalent position of a company, charity or other entity (excluding publicly traded companies and your own law firms and related entities). With a limit of $1 million and no deductible, you can now accept a director position and rest easy that you have the protection of liability insurance.

If you have questions, contact Michael Mulhern, LIF’s Director of Underwriting and Claims at mmulhern@lif.ca or 604.697.5869.