Liability Insurance

Benefit from comprehensive coverage, highly competitive rates, exceptional service, and ongoing value

Leading Liability Coverage and Services, Exclusively for CSHP Members

As a CSHP member, the Liability Insurance Program provides you with tailored coverage at discounted rates, as well as access to industry-specific risk management resources, experienced insurance and claims service, and specialist legal support, including pro bono services.

CSHP Professional Liability Insurance Includes:

  • $200,000 Regulatory Legal Expense Coverage
  • 7-year Extended Reporting Period automatically included
  • Nil Deductible
  • Access to pro bono legal services

Premiums for pharmacists start at $115 for $2M per claim/$4M per year coverage limits.

Upon purchasing or renewing a policy, each member is automatically issued a Certificate of Insurance.

Apply for Coverage

Please contact BMS if you have any questions or to obtain a copy of your Insurance Certificate and/or Policy Wording.

BMS Canada Risk Services Ltd.
825 Exhibition Way, Suite 209
Ottawa, Ontario K1S 5J3
Toll Free: 1 (844) 200-7033
Fax: (613) 701-4234

Coverage options

Individual Professional Liability Insurance (PLI) – Claims Made

Professional Liability insurance (PLI) 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 pharmacist, pharmacy technician, pharmacy student, or resident or if a complaint is made against you to your College. PLI protects pharmacists, pharmacy technicians, pharmacy students, and residents by ensuring that your legal defence is coordinated and paid for if a claim is made against you. Your PLI also covers the cost of patient compensation or damages.

Commercial General Liability (CGL) – Occurrence Form

CGL provides coverage to protect against claims arising from injury or property damage that you or your business may cause to another person as a result of your operations and/or premises. This insurance is recommended for pharmacists who contract out their services or bill under their business name and for pharmacists who own or operate a business.

Apply for Coverage

Pro-rated savings

The policy term is July 1 to June 30.

Pro-rating applies to Pharmacist and Pharmacy Technician premiums. Pharmacy Student/Intern premiums are exempt from pro-rating. Applications submitted between December 1 and June 30 each term will be subject to pro-rated savings as follows:

  • December 1 – March 31: 25%
  • April 1 – June 30: 50%


Webinar: CSHP Liability Insurance Program

Watch this recorded webinar to learn more about the features of the CSHP Liability Insurance Program, including:
• Evolving risks facing pharmacists and pharmacy technicians
• How professional liability responds in different practice situations
• Additional coverages available exclusively to CSHP members, including Commercial General Liability & Cyber Security and Privacy Liability
• About BMS & the additional support services available to members, including pro bono legal services

Webinar Handout - Download



COVID-19: Insurance Resource

BMS is closely monitoring developments as the situation with COVID-19 evolves and is committed to continuing to provide coverage to our members during this difficult time. Please read the COVID-19: Insurance Resource  for details.

The information in this document is applicable to all CSHP policy holders (pharmacists, pharmacy technicians, pharmacy students, and residents).

The CSHP PLI policy automatically extends to cover insured members at no additional cost for up to 7 years while on extended leave, maternity/parental leave or upon retirement.

Retired professionals who return to work must purchase an active policy (and should check with their provincial regulatory body about registration to active status). A pro-rated savings of 50% is available for insurance policies purchased from April 1 to June 30, 2020. Plus, retired members always save 50% on their CSHP membership dues.