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Pharmacists: make sure your professional liability insurance is up to date

April 2, 2024
Closeup of individual completing and reviewing paperwork.
Practice permit renewal opens on April 2, 2024. Pharmacists are reminded to carefully review and understand all aspects of all declarations, including PLI, when renewing your practice permit.

Each year, pharmacists must renew their practice permits by May 31. Holding the amount and type of professional liability insurance prescribed by the college is a requirement to being issued and holding an annual permit. Every regulated member must make professional declarations acknowledging that they hold, and will maintain, professional liability insurance (PLI).

As members of self-regulating professions, regulated members must take personal responsibility to maintain the required amount and type of PLI and ensure their declarations are accurate and will be upheld. These requirements are in place to protect the public and the regulated member.

Regulated members are reminded of their responsibilities:

  • review information about PLI;
  • do not assume others, including your PLI provider or employer, will renew your PLI for you;
  • take personal responsibility to have a system to ensure your PLI is always in place and active; and
  • review your professional obligations described in any declarations related to your registration, including maintaining proper PLI and ensuring certifications are up to date.

Failing to comply with your professional declarations can become a costly mistake. Recent hearing decisions highlight the consequences of not carrying current PLI and, in turn, failing to fulfill professional responsibilities and commitments made through professional declarations. Pharmacists are reminded to carefully review and understand all aspects of all declarations you provide to ACP.

2024 practice permit and pharmacy licence renewal

Pharmacists are also reminded to prepare for renewal by ensuring you have your myACP login credentials. The following resources have been developed to help you with your practice permit and pharmacy licence renewal processes: