Land Surveyors can be subject to insurance requirements through client contracts, tenders, consultancy agreements and subcontract arrangements.

These requirements should ideally be reviewed before the agreement is signed.

What insurance requirements are common? #

Contracts can specify requirements for:

• Professional Indemnity Insurance.
• Public Liability Insurance.
• Workers Compensation Insurance where applicable.
• Minimum policy limits.
• Certificates of Currency.
• Professional Indemnity run-off or maintenance periods.
• Insurance held by subcontractors.

Does holding the required policy mean every contractual liability is insured? #

No.

A contract can impose obligations that extend beyond what an insurance policy covers.

A Certificate of Currency only confirms certain details about the existence of the policy. It does not confirm that every obligation under the contract is insured.

What clauses may require additional attention? #

Examples include:

• Broad indemnities.
• Fitness for purpose requirements.
• Guarantees of outcomes or accuracy.
• Unlimited liability.
• Liability for consequential losses.
• Responsibility for other consultants or contractors.
• Insurance limits that exceed what is commercially available.

Webber Insurance can assist with the insurance aspects of a contract.

Legal advice should be obtained where interpretation or amendment of the contractual terms themselves is required.