FAQs

What is Primary Professional Liability Insurance and do I need it?

Primary Professional Liability insurance protects you against liability or allegations of liability for injury or damages that have resulted from a negligent act, error, or omission that has arisen out of your professional capacity as an engineer. Your coverage insures payment of both compensatory damages and legal costs associated with a claim.

If you or your firm offer and provide professional engineering services to the public, you or your firm must hold a Certificate of Authorization (C of A). C of A holders assume professional responsibility for the services provided and are generally required to carry Primary Professional Liability insurance.

How can I purchase Primary Professional Liability insurance?

Completed applications can be submitted to BMS by email at ospe.insurance@bmsgroup.com or by mail. For any questions please contact BMS by phone at 1-844-294-2717.

What is Secondary Professional Liability Insurance and do I need it?

Secondary Professional Liability insurance protects individuals against liability or allegations of liability for injury or damages that have resulted from a negligent act, error, or omission that has arisen out of your professional capacity as an engineer. This coverage is intended to supplement existing professional liability insurance, which members may hold through their employers or their own policies.

This coverage is not for firms, corporations, public entities or employers as these groups may be expected to carry specific professional liability coverage as part of their business.

How can I purchase Secondary Professional Liability Insurance?

All OSPE professionally licensed, associate, and intern members in good standing automatically receive Secondary Professional Liability Insurance.

What Business Coverage is available through the OSPE program?

Participants with Primary Professional Liability Insurance through the OSPE program have access to discounted Business coverage, including Commercial General Liability Insurance, Property and Directors’ and Officers’ Liability Insurance, Travel Insurance and Key Man Insurance, Cyber Security and Privacy Liability coverage is also available.

How can I purchase Business Coverage?

Please contact BMS at ospe.insurance@bmsgroup.com to recieve a copy of the appropriate application form.

I am planning to retire. Can I stop carrying professional liability insurance?

OSPE Professional liability insurance coverage is written on a “claims made” form. This means that a policy must be in place when a claim is made, regardless of when the actual event took place. “Claims made” policies provide coverage as long as participants continue to renew insurance each year.

In the event that you retire and do not renew your Professional Liability insurance coverage, you are eligible to purchase Run-off coverage (Extended Reporting Period) is available on an annual basis and associated premiums are quote on a decreasing scale.

Please contact BMS at by phone at 1-844-294-2717 or by email at ospe.insurance@bmsgroup.com to purchase Run-off Coverage and discuss your options, if your business is closing, has been acquired or is winding down.

What advantages does this group plan have for members?

The group plan allows participants to pool their collective risk and negotiate better rates with insurers – resulting in a more cost-effective product and premium savings for participants. The coverage offered through the program is comprehensive and offers coverage components not typically found with other providers. By insuring a large portfolio of engineering risks, the insurer can promptly become aware of any industry trends and respond accordingly to improve coverage

I’m not a member of OSPE. Am I still eligible to purchase insurance through this program?

All engineers are able to participate in the OSPE Insurance Program, regardless of OSPE membership.