As an architect, you are ethically and legally required to take out a professional liability insurance. Your client may sometimes require you to take out a project policy which covers you directly during the entire liability period, without the possibility to cancel the policy. The Single Site policy is also a good solution for joint ventures!

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Benefits

• Ten-year guarantee, no possibility to cancel
Ideal for: more expensive projects, special partnerships, several
• building contractors ...
• Legal counselling and advice

Who is insured?

Possibility to insure all designers with or without their subcontractors in 1 policy.

What is insured?

Full business and professional liability per project.

For which period are you insured?

The policy starts when the signed quote is received and ends 10 years after the provisional acceptance. Policy cannot be cancelled by the insurer (except in case of non-payment of the premium).

What is the target rate?

• Premium depends on the value of the works, type of project, parties to be insured, excess
• Provisional premium at the start of the policy, settlement on the basis of the total final value of the works

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