Become a member of LPMS, and join a group of land professionals whose objective is to manage your risks and minimise your exposure to liability claims.
Here are the key features and benefits of membership.
1. Claims Committee System
The Claims Committee comprises surveying and valuer professionals. You can contact them any time for confidential advice about how to mitigate the risk of a situation developing into a claim. If a claim is made, the Claims Committee forms an intermediary between you and the insurer, with the goal of resolving the claim as quickly as possible.
2. Unique Insurance Policy
LPMS arranges insurance policies written specifically for surveyors and valuers. These policies are underwritten by leading market insurers, and are only available through LPMS. Policies are updated regularly to provide continuity of indemnity provisions.
3. Continuing Education
LPMS has an active continuing education programme. Receive regular updates with case studies, topics of interest, and more.
LPMS maintains an extensive resource library for members providing information on practical risk management and claims avoidance. This is accessible online to members only.
5. Complimentary Life Cover
6. Free Run Off Cover
7. Companion Cover
You may be exposed to risks not covered by Professional Indemnity. Companion Cover provides additional indemnity for these risks. Download the Companion Cover brochure for more information.
8. Section 52 Cadastral Survey Act 2002 cover for surveyors
Subsection (1) of the Cadastral Survey Act 2002 states that if an error is found in a cadastral survey dataset affecting any title under the Land Transfer Act 1952 or tenure under any other Act, the Surveyor General may, in writing, require the cadastral surveyor responsible for the error to undertake the work necessary to correct the error.” This potential “personal liability” for the consequential losses arising from this circumstance is able to be covered by our policy.
9. LPMS Continuity of Indemnity Clause
Ensuring you have continuous Professional Indemnity cover is vital for protection against future claims. Download more information about The Importance of Continuity of Indemnity.