The Canadian Bar Insurance Association has rebranded its offering of insurance and investment options for Canadian lawyers under the name Lawyers Financial.
“Outside of major national law firms, there are thousands of lawyers across the country who don’t have access to group insurance coverage for life insurance, critical illness and disability insurance, as well as financial products such as group RRSPs and pension plans,” said Henry Kugler, president and chief executive officer of the association.
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The insurance plans are portable and can benefit sole practitioners and lawyers from small- to mid-size firms who are the least likely to have access to sufficient employee group benefits, said Kugler.
Manulife, Desjardins, and The Personal are the underlying insurers for the products. Lawyers Financial offers 10 insurance products and four investment products for lawyers.