Professional Indemnity

An architectural draftsperson was contracted to design a dual occupancy building. The initial drafts were approved, and construction began. However, upon completion of the build, it was discovered that the dwelling did not meet the required open space standards. As a result, it could not be granted an occupation certificate.

Modifying the existing driveways within the development was the only way to fix the issue. The claimant requested $35,650.00 from the architectural draftsperson to cover the costs of making the required modifications.

The insurer paid $29,585.00 to the architectural draftsperson so they could complete the necessary changes to the building.

The provision of the claims examples are for illustrative purposes only and should not be seen as an indication as to how any potential claim will be assessed or accepted. Cover for a claim will depend on the specific circumstances around the loss and would be subject to the terms and conditions of the policy concerned.

As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained in this email is general only.  Coverage for claims on the policy will be determined by the insurer, not BizCover for Brokers, and will depend on the specific facts and circumstances involved.