The Independent AirTightness Testing Scheme (iATS) Ltd has recently updated its Professional Indemnity (PI) and Public Liability (PL) insurance for the lodgement of Air Tightness Tests.
The Conditions of Authorisation produced by MHCLG, confirms that all registered Air Testers must have an appropriate level of insurance in place which meets their business requirements.
However, iATS members need not spend time or money arranging often expensive third party insurance to lodge air tightness tests as this is included free of charge when tests are lodged with iATS, and from July 2018 the cover has been increased to £10m; the sum often demanded by public sector clients.
What is Professional Indemnity (PI) Insurance?
Professional Indemnity Insurance is available to cover air testers should a mistake or error occur when undertaking work for a client. This could include mistakes within calculations or air tests, and even incorrect written advice. iATS insurance policy can cover testers up to £10,000,000 in a single claim absorbing legal expenses and the cost of compensation.
What is Public Liability (PL) Insurance?
Public Liability Insurance protects air testers against personal injury or property damage (muddy footprints, marked walls etc) claims made against you or your business by a member of the public. Once again iATS offers £10,000,000 cover, to waylay any legal expenses and compensation costs associated with a claim.
“This enhanced insurance offering means that iATS Members are covered and so are their clients, providing peace of mind to both parties” explains Jennifer Hartley, iATS Scheme Coordinator. “We hope that all our members see a real benefit in this updated free insurance offering”.