If you have any questions regarding the sponsored insurance programs please contact a Marsh Client Service Representative at (888) 926-CPhA or e-mail us at CPhA.Insurance@marsh.com.
This web page is for illustrative purposes only, and is not a contract. It is intended to provide a general overview of the services described. Remember that only the policy can provide the actual description of services, terms, conditions and exclusions.
Representative visit me
at my pharmacy:
In Northern California:
Sam Baxter
1-408-981-6029
In Southern California
George King
1-213-346-5388
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Fax: 1-213-346-5946
• Business Owners Package
• Professional Liability
• Employment Practices Liability
• Long Term Disability
• Medical, including High Deductible Health Plans
• Term Life
• Group Universal Life
• Long Term Care
• Catastrophe Major Medical
• Auto & Homeowners
• Accidental Death & Dismemberment
The CPhA Insurance Trustees are pleased to announce that American Automobile Insurance Company, one of the Fireman's Fund Insurance Companies®, has declared a dividend in the amount of $635,946! Members who participated in the sponsored workers' compensation program during the entire policy period December 1, 2004 through December 1, 2005 may be eligible to receive a dividend of 6.57% of the premium they paid during that policy year**.
CPhA members have now received back over $2,000,000 of their hard earned money in dividend payments over the past two years. And they have done this by joining other pharmacy members in purchasing workers' compensation insurance through the CPhA sponsored program.
Dividend Eligiblity Continues**!
Remember! The dividend calculation takes place every policy year. As long as you remain a member enrolled in the program for the entire policy period, and do not owe Fireman's Fund premium for any outstanding audits, you may be eligible for any potential dividend that is declared for that year. This serves to reduce your net premium even further.
Low Minimum Premium of $750!*
Workers’ Compensation protection is required by California state law. It provides benefits to employees due to a job-related injury or illness, for which the employer may otherwise be liable.
CPhA's program is written on a dividend eligible basis. If there is favorable program experience over time, members might share in profits earned by the insurer on policies issued in the CPhA program by way of dividends.** For the most recent policy year, a dividend of $635,946 was returned to CPhA members in the program.
Special services include access to the iCustomer Series™ portal on the internet, designed exclusively for pharmacists. You'll find specialized products and services such as loss prevention tools, online claims filing, listings of current medical providers, and industry news.
To Apply:
Download the application below. Complete it and send it to Marsh for a premium indication. Acrobat Reader is required to open the file. Click to download Acrobat.
CPhA Workers' Compensation Application
* Rate and minimum premium subject to change on program anniversary.
**Payment of future dividends cannot be promised or guaranteed. Past dividend performance is no guarantee of an insurer's future dividend performance.
Underwritten by: Fireman's Fund Insurance Company (rated "A" by A.M. Best and Company)
Fireman’s Fund enhanced its policy for CPhA members in two ways. The first important way was to recognize the changing scope of the practice of pharmacy. They did this by defining Pharmacy Services as the art, practice, or profession of preparing, preserving, compounding, dispensing, administering, and consulting upon medicines, medical drugs, supplies, equipment or devices used in the treatment of medical disorders and maladies rendered by the insured in the capacity of a pharmacy or pharmacist.
Secondly, Fireman’s Fund also enhanced their policy to provide professional liability protection to your employed pharmacists. While your policy likely affords protection to you as the pharmacy owner for the acts or omissions of your employees, does it protect your employees for their own acts or omissions? More importantly, do they believe they have protection under your policy? No need to worry with Fireman’s Fund. Licensed employed pharmacists are protected.
The Package Program provides property, liability, commercial auto and umbrella coverage. It also includes protection specifically designed for Pharmacies, such as:
- General Liability Coverage – helps protect you from losses caused by bodily injury or destruction of property suffered by customers on your premises.
- Business Income and Extra Expense Coverage – protects against loss of income from business interruption for up to 12 months, and pays the cost of necessary extra expenses to help keep you in business.
- Professional Liability – protects against losses related to your professional services as a pharmacist.
- Money and Securities Coverage – protects against loss of currency and other negotiable instruments on and off your premises, as well as loss due to counterfeit money and bad checks.
Underwritten by: Fireman’s Fund Insurance Company (rated "A" by A.M. Best and Company)
The CPhA Professional Liability program is specifically tailored to fit the diverse needs of pharmacists. And it covers you 24 hours a day, not just when you are at your normal place of employment.
As a pharmacist, this policy protects you in the event of an error or omission in the practice of pharmacy for all procedures approved by the California Board of Pharmacy as long as you have received the proper training and/or certification required and you are acting within the scope of practice.
Underwritten by: Chicago Insurance Company (rated "A" by A.M. Best and Company)
Employment related suits usually involve one or more of the following: discrimination, sexual harassment, or wrongful termination. The purpose of the CPhA program is to provide members with the needed tools to manage risk properly and the protection generally missing from other insurance policies.
CPhA’s program provides members with significant benefits:
Risk Management
- Web based training for members, office managers and employees to help minimize exposure to employment practices lawsuits
- Access to a legal information hotline staffed by employment practices attorneys
- Review of employee handbooks and employment applications
Insurance
- Choice of policy limits of $250,000, $500,000 or $1,000,000
- Low minimum premium of $750 ($1,000 in LA)
- Low per claim retention of $2,500 ($5,000 in LA)
- Provides for defense costs and losses an insured becomes legally obligated to pay as a result of a covered claim.
- 60 day extended reporting endorsement included
Underwritten by: The United States Life Insurance Company in the City of New York. (rated "A++" by A.M. Best and Company)
Access to individual and small group health plans for members, their families and employees.
Blue Cross, Health Net, Aetna, Blue Shield and Kaiser Plans – For Individuals and small groups
You have a choice of health care programs for you, your family and your employees. Choose among individual and small group PPO and HMO plans including qualified High Deductible Health Plans which enable you to open a Health Savings Account.
With a Health Savings Account in 2008, you may:
- Deposit up to $2,900 if you are covered as an individual or up to $5,800 if you have family coverage, and deduct the amount from your federal income taxes
- Withdraw funds on a federally tax free basis for qualified medical, dental and vision expenses
- Rollover unused funds from year to year
- Take credit for the full year deposit regardless of when during the year you open your HSA
- Interests accrues on a federally tax free basis
- Use your savings from a qualified high deductible health plan to help fund the account
(Marsh and CPhA do not provide tax advice. Please consult with your personal advisors .)
You may apply for up to $500,000 of benefits at competitive group premiums. Your spouse and employees are eligible for up to $500,000. Plan features include coverage for children.
Members under age 60 may apply. At age 65, benefits reduce by 50% to a maximum of $250,000.
Underwritten by: Hartford Life and Accident Insurance Company (rated "A+" by A.M. Best and Company)
Hartford Life’s Privacy Policy
Hartford Life’s Legal Notices
Highlights Include:
- At death, the face amount plus accrued cash values are paid
- No administrative fees or surrender charges
- You may skip payments to the cash account
Underwritten by: Metropolitan Life Insurance Company (rated "A+" by A.M. Best and Company)
Up to $10,000 per month in benefits available. No prior hospitalization or home confinement required. Base coverage includes Nursing Home and Professional Home Care (50% of nursing home care).
Disability Based or Expense Plans – Pays benefits upon the loss of two of the six Activities of Daily Living (ADLs) or cognitive impairment.
Highlights Include:
- Choice of Benefit Periods – Lifetime, 2, 3 and 6 years
- Choice of Elimination Periods
- 5% Inflation Option
- Association Discount of 5%
- Spouse Discount of 10%
- Good Health Discount
Covers losses resulting from Parkinson's disease, senile dementia and Alzheimer's disease. Members, spouses, parents (in-law) and grandparents (in-law) are eligible to apply.
We can arrange to have a Long Term Care specialist meet with you to discuss your needs.
Underwritten by: Met Life Insurance Company of America (rated "A+" by A.M. Best and Company); or John Hancock (rated "A++" by A.M. Best and Company).
Highlights Include:
- $25,000 Deductible (all cause)
- 3 year Accumulation Period
- Benefit Period of 5 Years
- Maximum Benefit of $2,000,000 (per Benefit Period, per person)
- Convalescent Home Benefit of $500 per week (up to 3 years)
Underwritten by: The United States Life Insurance Company in the City of New York (rated "A+" by A.M. Best and Company)
Highlights of the Group Savings Plus Program
- Covers automobiles, homes, personal articles, personal umbrella policies, valuable possessions, seasonal dwellings and recreation vehicles.
- 24-hour roadside assistance* and round-the-clock claims service
- Enroll over the phone or visit a local office.
- Contractor Network Referral Program
For an on-line quote, please go to Liberty Mutual's Quote Page at www.libertymutual.com/lm/cpha. Or call Liberty Mutual at 1-888-380-9097.
*Service applies to auto policyholders and is provided by Cross Country Motor Club of Boston, Inc., Boston, MA or through Cross County Motor Club of California Inc., Boston, MA.
Underwritten by: Liberty Mutual (rated "A" by A.M. Best and Company)
This program covers you 24-hours a day, 365 days a year and pays regardless of any insurance you may have. Benefit amounts are available from $50,000 to $750,000.
Highlights Include:
- Loss of Use Benefit – 1% of Principal Sum Per Month
- Seat Belt Benefit – up to $10,000
- Spouse Retraining Benefit
- Private Pilots Coverage (20% of Face Amount to $250,000)
- Hospital Benefit
Underwritten by: Unum Life Insurance Company of America (rated "A-" by A.M. Best and Company)
Call Marsh at (888) 926-CPhA or e-mail us at CPhA.Insurance@marsh.com
To receive information on the sponsored programs complete an Interest Form.
Home | Interest Form | CPhA Website
Page last updated 1/2/2008
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CA License #0633005
