Service Agreement

Statement on Brokerage Services & Compensation

The primary broker for all insurance products mentioned on LiabilityCover.ca is NorthLife Financial, one of Canada’s emerging digital insurance brokerages.

LiabilityCover is NOT an insurance broker, insurance company, or insurance provider.

The sole purpose of LiabilityCover is to connect professionals and businesses to a licensed insurance brokerage, such as NorthLife Financial.

NorthLife Financial is an independent insurance brokerage, that facilitates the purchase of Professional Liability Insurance, E&O, CGL, and other insurance products and services on your behalf that are comprehensive, affordable and understandable. Our role is connect you to a broker that will provide you with the best insurance value that combines coverage, service and price.

NorthLife Financial also provides personalized quality service that includes professional insurance advice, on-going policy maintenance and claims support. Should any issues arise regarding your Professional Liability Insurance coverage, NorthLife Financial would act as your advocate, using their professional experience to best represent your individual interests.

NorthLife Financial works closely with it’s insurance company partners to ensure that we offer services and products that meet our client’s needs and expectations. It may be possible that some or all of NorthLife Financial’s insurance partners will recognize these efforts through a contingent commission contract. Payment of this contingent commission depends on a combination of profitability (loss ratio) and/or growth (usually over a number of years) and/or increased services that we provide on behalf of the Insurer.

In some instances, the occurrence of a few large losses on our book of business can disqualify us from receiving a contingent commission for one or more years. For detailed information on contingent commission and how it works, you can go to the Lloyd’s of London website. LiabilityCover is a separate entity from NorthLife Financial that focuses on making the buying of insurance as convenient as possible.

Independent means we are not in a conflict position with being owned by one insurance company. NorthLife Financial is employee owned.

For further information please contact us.

If you have any additional questions or require other information regarding any of the compensation received by NorthLife Financial for any of our insurance brokerage services, please don’t hesitate to contact us.

15 AllState Parkway
Markham, Ontario, L3R5B4

Call Us Toll Free: 1-888-480-7677

Email: [email protected]

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Information provided on this website is intended to give you an overview of the subject matter therein, and may contain inaccuracies or typographical errors. None of these descriptions constitutes an insurance policy. 

A policy may be purchased by those who qualify, through www.liabilitycover.ca and a copy of the policy wording is provided there for your reference. All insurance policies contain terms, conditions, limitations, definitions and exclusions and should be reviewed to determine details of the coverage afforded. No warranty of any kind is made, either express or implied, with respect to the accuracy or completeness of the website information, or the reliability of any advice, opinion, statement or other information displayed or distributed through the site. 

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