Indemnity insurance compensates the policy beneficiaries for their actual financial losses, which result from a proven act of Professional Negligence, up to the limiting amount of the insurance policy. Many land professionals are now personally liable for meeting industry standards. If they have comprehensive quality indemnity insurance, they are also protecting your interests as their client.
Land professionals must meet certain criteria to qualify for LPMS membership. If you engage the services of an LPMS member, you gain the assurance that they: