Retirement/Parental Leave

The SAC professional liability policy is issued on a "claims-made and reported" basis, meaning that the policy in place at the time that the claim is reported is the policy that will respond.

Speech-language pathologists, audiologists, and communication health assistants/associates who are retiring or taking maternity/parental leave are still at risk for professional liability claims as claims can be made days or even years following an incident or exposure. With a “claims-made and reported” policy, it is recommended that you maintain your coverage while on temporary leave from practice to protect against such circumstances.

Fortunately, as of the 2017-2018 policy period, your SAC professional liability insurance policy automatically includes 7 years of Extended Reporting Period (ERP) coverage. ERP provides protection for non-practicing members who want to stay protected against future professional liability insurance claims arising from prior incidents and exposure that occurred during their past practice.

  • I am planning to retire. Can I stop carrying Professional Liability Insurance?

    As of the 2017-2018 policy period retiring members are provided with 7 years of Extended Reporting Period (ERP) coverage at no additional charge. Extending the reporting period of your policy means that you are securing insurance to respond to potential future professional liability claims arising from prior incidents and exposure that occurred during your past practice.

  • I am planning on taking parental/maternity leave. Can I stop carrying Professional Liability Insurance?

    Good news! As of the 2017-2018 policy period, your SAC Professional Liability Insurance policy includes 7 years of Extended Reporting Period (ERP) coverage at no additional charge. Extending the reporting period of your policy means that you are securing insurance to respond to potential future professional liability claims arising from prior incidents and exposure that occurred during your past practice.

    This means that if you are participating in the SAC insurance program and have discontinued practice because of maternity or parental leave, you will remain protected for up to 7 years following the expiry of your policy. Note that you must renew your insurance and have an active policy in place before returning to practice.