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CLIA Voluntary Excess Program: 2020 / 2021 Excess Insurance Renewal

With the approach of the July 1st VEP renewal date, this is an opportunity for you to review your risk portfolio and determine if you have sufficient coverage.

It is important that you apply for the coverage if you've never had it before, or renew your existing coverage before the end of the policy year (June 30) to avoid gaps in coverage that may leave you unnecessarily exposed to the risk of uninsured liability.

This year the online application process will open on June 1, 2020 to ensure that you have time to complete the application and submit premium payments prior to July 1st. CLIA will also be sending a reminder to its current insureds in early June.

Briefly set out below, this note from CLIA sets out the 2020/2021 premium and changes to the program.

First, changes to the program. New to the program are the following:

  • 10% discount to any firm referring a new client. If you refer a new client to CLIA and they take out the coverage, you will see a 10% discount on your 2021/2022 renewal.
  • 25% discount premium rate for retired lawyers. Up until now, retired lawyers paid the same premium as practicing lawyers. Details on how to apply are in the online application.
  • additional level of excess insurance of $6.5M excess of the $1M mandatory coverage has been added as current policy holders have been asking for a level of excess coverage between $4M and $9M.

As for the 2020/2021 premium / renewal rates, they are as follows (all amounts below being net of the premium discount; the online application may initially indicate the higher amount before application of the credit):

Limit Rate
$1M xs $1M $383
$2M xs $1M $562
$3M xs $1M $657
$4M xs $1M $697
$6.5M xs $1M $862
$9M xs $1M $975
Cyber $90

As in the past, firms login by using their email address and password from past online applications. If necessary, there is an option to reset your password.

New firms and new retirees are required to register for user access before they can complete the application online.

The renewal period will be open until July 31 and applications submitted after that date will have coverage pro-rated.

Please review the Excess Insurance page on the LIANS website for more information about the program, including these changes.

As always, should you have any questions feel free to contact LIANS' Director of Insurance, Lawrence Rubin or CLIA directly.