From Saskatchewan Lawyers’ Insurance Association Inc.
The insurance levy for the 2018-2019 policy year was recently set by the Benchers at $1,093.00 plus GST and PST per assessible member for a total of $1,163.85. The levy amount is a 14.6% reduction from last year and provides for the mandatory $1 million coverage for members and for the new additional coverage for cyber liability insurance. Our levy continues to be one of the lowest in the country. The credit for the continuing low levy has many sources, including good corporate management, our sound financial position, dedicated oversight by your Bencher Insurance Committee and continued due diligence by all Law Society of Saskatchewan members with a view to limiting the number of insurance claims.
The SLIA Insurance Assessment renewal package will be emailed to all insured members next week.