Corporations law
and such acts as Trade Practices and Fair Trading require
anyone who gives expert advice and/or services to another
person to exercise skills and due care at an appropriate
level expected of the survey or spatial information professional.
Any financial loss arising from a mistake or failure by
surveyors and spatial industry professionals may result
in a judgment in favour of your client/s.
A professional may also be held liable for a mistake even
though there was no negligence but infringement of other
laws. For example, The Trade Practices Act creates an exposure
for false and misleading conduct in the promotion of your
services.
Reasons for surveyors and spatial professionals being sued
by third parties for causing a financial loss as a result
of their business activities may include:
- Errors in the provision of designs and drawings
- Incorrect or misleading advice or technical information
- Errors in any survey activity
ACSIS Ltd Professional Indemnity policy is designed to protect
your personal assets against damages awarded by a court, or
from a negotiated settlement, in relation to an act, error
or omission committed by the professional during the conduct
of professional duties. It generally covers the costs and
expenses of defending claims.
The ACSIS Ltd facilitated Professional Indemnity policy protects
you and your employees and provides cover for deceptive and
misleading conduct as well.
The ACSIS Ltd facilitated PI policy has a broad range of conditions
available.
Click here to complete and submit your Application Form |
