CCDC Enforces New Insurance Requirements for Canadian Contractors

adobestock_269665555_web0d702f731dff6ddbb37cff0000940c19

Did You Know? New Insurance Regulations for Contractors!

Lightbulb

Canadian Contractors are now required to hold Contractors Pollution Liability (CPL) Insurance with limits of no less than $5 million per occurrence for Bodily Injury, Death, and Damage to Property.

Effective December 14, 2020, the Canadian Construction Documents Committee (CCDC) enforced new insurance requirements for the Canadian construction industry. See how Lions Gate Underwriting can assist your Contractor clients to meet these new regulations!

Professional and Contracting Services

  •  Limits of Liability up to $10 million for each occurrence/$10 million in the aggregate
  •  One (1) year policy term for practice policies
  •  Professional service coverage provided on a claims made basis
  •  Covers Professional and Contracting Services in Canada and the U.S. including foreign exposures
  •  $5,000 minimum premium for single year policy

Contracting Services

  •  Limits of Liability up to $10 million for each occurrence/$10 million in the aggregate
  •  One (1) year policy term for practice policies
  •  Contracting services provided on an occurrence basis
  •  Covers Contracting Services in Canada and the U.S. including foreign exposures
  •  $4,000 minimum premium for single year policy

Contracting Services – Project Specific

  •  Limits of Liability up to $10 million for each occurrence/$10 million in the aggregate
  •  Up to five (5) year policy term
  •  Combination of policy term and completed operations up to 10 years
  •  Contracting services provided on an occurrence basis
  •  Covers projects in Canada and the U.S. including foreign exposures
  •  $5,000 minimum premium for single year policy

Ready to learn more?

lions_gate_logo_web

Leadership & Support View All

Product Feature View All

PROGRAM FEATURES View All

technical Support View All

Industry Trends View All

BROKER TOOLKIT View All

Claims Scenarios View All

TEAM MEMBER FEATURES View All

Environmental Events View All

UPCOMING EVENTS

in the news