Compulsory Professional Liability Indemnification Program

Recent amendments to the Legal Profession Act have changed the ‘insurance program’ into an ‘indemnification program’ and clarified that where the Law Society or a non-captive subsidiary operates the program, they are not subject to the Financial Institutions Act or Insurance Act and their employees are not required to be licensed as adjusters. On January 1, 2020, Lawyers Insurance Fund became Lawyers Indemnity Fund, and we made hundreds of changes to nomenclature in the policy, documents and forms, on the website, and in the Rules and BC Code. Rest assured that LIF will continue to handle claims, take calls, deal with firms and covered lawyers, and reply to advance rulings and email inquiries, just as it always has.