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Question 1

“You have operated your clinic for 2 years in your house. One day an early morning r ain
turned to ice just before sunrise. Your first appointment arrives at the house and steps up
on to the first step—slips on the icy surface, falls and breaks his left leg

Answer 1

General Liability

Question 2

“A client who relied on your services and advice suffers an unexpected physical r eaction
and suffers ill health for a few weeks and sues you for loss of income, $10,000.”

Answer 2

Professional Liability (also known as Malpractice Insurance or Errors and Omissions 
Coverage)

Question 3

This type of insurance provides coverage for claims made against you that occur during
the policy term regardless of when they are reported – eve after you retire or change
professions.

Answer 3

Occurrence Form

Question 4

This type of insurance only provides coverage for you for claims that occur during the
policy term and are only reported during the policy term. Once the policy reaches its
expiry date, it will only provide coverage for 15 days from the expiry date.

Answer 4

Claims Made Form

Question 5

CMTO requir es that all of its members “must hold, or otherwise be
covered by, a policy of professional liability insurance that meets the following

Answer 5

The policy must provide a minimum of $2,000,000 in coverage annually
for professional liability

The policy must be written on an occurrence form