Professional liability insurance, provided by the Canadian Medical Protective Association, is mandatory under the Collective Agreement in order to protect both residents and patients. It provides comprehensive coverage and is tax deductible. The cost of coverage is based on the type of work an region.
Long Term Disability is also mandatory as per the Collective Agreement. We have negotiated comprehensive LTD plans with two companies that we feel provide residents with suitable coverage during residency and after graduation. However, residents are free to select any provider for their LTD coverage.