Specialist indemnity cover for France, UAE and more.
Lockton provides specific indemnity cover for countries and regions where Decennial Liability applies. In these territories, claims are often made against firms irrespective of fault. This is a completely separate obligation to that of carrying professional indemnity insurance and one that must be addressed with a separate policy.
Professionals can be found liable, with client claims demanding compensation equally from all involved parties, including surveyors, contractors, engineers and design professionals. In these instances, Decennial Liability cover protects firms against these financial costs.
Notably, France, UAE, Saudi Arabia and Qatar (to name a few territories) carry this requirement in law.
For this product, Lockton works exclusively with specialist insurers who are familiar with this form of liability – and we will fight your corner every step of the way to secure optimal premiums for your firm.