Professional and Candidate members are required to purchase Professional Liability Insurance (except in Quebec, which has some exceptions).
Professional planners strive to deliver the best possible services to their clients; however, as a professional you still face risks. Eligible CIP members have access to comprehensive Errors and Omissions Insurance (E&O) through BMS Canada. Access all your documentation related to BMS in your Member Area.
E&O insurance protects you against liability or allegations of liability for injury or damages that have resulted from a negligent act, error, omission, or malpractice that has arisen out of your professional capacity as a planner.
To learn more about E&O, please log in to the Member Area to access your documentation or contact BMS at 1-844-294-2714 or cip.insurance@bmsgroup.com.