AXIS Reinsurance Company
Individual Exempt Market Dealing Representatives
Compensatory damages arising out of a claim as a result of an actual or alleged error, omission
or negligent act in the performance of professional services as an Exempt Market Dealing
Representative/ Life / Accident & Sickness Insurance Agent/ Mutual Fund Representative,
subject to the terms and conditions of coverage.
LIMITS OF INSURANCE
Insured can purchase limits of $1,000,000 to $5,000,000 for each claim.
The per-claim limit is subject to an aggregate limit per policy period.
DEFENCE COSTS, CHARGES AND EXPENSES
Included within the limit of liability, except where otherwise regulated.
The inception date of the insured’s first claims made professional liability policy for Professional
Services as defined on the certificate of insurance issued, provided such coverage has been
maintained in force and without interruption.
Worldwide coverage is provided, subject to the suit being brought forth in Canada,
the United States, its territories and possessions.
COVERAGE FOR APPEARANCE BEFORE A DISCIPLINARY BODY
$10,000 each claim/annual aggregate - each insured agent.
VICARIOUS LIABILITY COVERAGE FOR FIRMS
Coverage also extends to provide Vicarious Liability coverage to the agency
with whom the insured is directly contracted to do business.
AUTOMATIC DISCOVERY PERIOD EXTENSION
EXTENDED REPORTING PERIOD COVERAGE
Availability to purchase 1 to 10 Years of Extended Reporting Period coverage.
POLICY CONFORMITY TO PROVINCIAL REGULATIONS
CANCELATION NOTICE BY INSURER
90 days, except for non-payment of premium to which 15 days or
mandatory provincial requirement applies.
Toll Free: 1.877.451.0448
Direct Line: 416. 408.5037
Direct Line: 416. 408.5455
1100-480 University Ave.
Toronto, ON M5G 1V2
Suite 800, 639-5th Ave. S.W.
Calgary, AB T2P OM9
Suite 805, 609 Granville St.
Vancouver, BC V7Y1G5
Application for coverage is
automated and policy documents
are delivered directly to your inbox
We can also design employer
sponsored programs for larger
Please contact us for further
Exempt Market Dealers
Association of Canada
EXEMPT MARKET DEALERS
Does Your Insurance Meet National Instrument 31-103 Requirements?