The CPA/PTI's recent change to its requirements for trainer insurance coverage based on recommendations from both its legal counsel and insurance consultants ensures that all parties are adequately covered in the event of an accident where the training is brought into question.
As of January 1, 2022, all trainers conducting PTI training courses must have Professional Liability Insurance (also known as Errors & Omissions) at a minimum of $1,000,000 and Commercial General Liability Insurance at a minimum of $2,000,000.
While this change may not impact some of you as you may already have the appropriate level of coverage, those of you that do require the additional coverage now have options to find the right level of insurance for your training needs.
To that end, the CPA/PTI has partnered with BFL Canada to offer an exclusive insurance program as a new Trainer Associate benefit. As a premium offer, any PTI trainer that signs up for the BFL insurance program will have their Trainer Associate membership fees waived for the first year, a $750 value.
See the ad below for more information on this exciting offer.