Insurance for Non-Destructive Testing Technicians (NDT)
Insurance for Non-Destructive Testing Technicians (NDT)
Insurance for Non-Destructive Testing Technicians (NDT)
Insurance for Non-Destructive Testing Technicians (NDT)
Why Insurance Matters
Professional Indemnity Insurance is the largest insurable exposure for a Nondestructive Testing Technician.
If an NDT technician provides the results of their findings with either little or no interpretation or approving equipment as fully functional, when it’s not, this can increase their professional exposure.
If a client misinterprets the data incorrectly, this could lead to a financial loss, in which they will likely seek recourse from the NDT Business. As the financial loss could be significant to mining and construction companies, this greatly increases the risk.
What does Professional Indemnity cover?
Professional Indemnity Insurance can cover the below events for an NDT business
Misinterpretation of your data
Errors and Mistakes
Breach of Professional Duty
What Does Public Liability Insurance Cover?
Public Liability Insurance can protect NDT technicians whilst they are on site. It can extend to cover the company's employees for their negligence that results in third-party property damage, or an incident that results in someone being injured.
Damage caused by your unregistered vehicles
A major exposure is damage to third party property from unregistered plant & equipment. Your Public Liability Insurance will extend to protect you from these unforeseen incidents.
Slip & Falls
Public Liability can pay the legal and defence costs that were to arise if someone on site, including your subcontractors, were to be injured as a result of your actions.
Is Public Liability & Professional Indemnity Insurance mandatory for a NDT?
As Non-destructive testing technicians will be working primarly on high risk construction sites, including mine sites, you will find that insurance will be requested to be sited before you enter the worksite. Having Professional Indemnity Insurance & Public Liability Insurance is the best decision your business can make to procect its future.
How Morgan Insurance Brokers can help
Morgan Insurance Brokers can provide tailored packages that covers Professional Indemnity & Public Liability covers that will protect your NDT business.
Along with that, we have competitive pricing for your vehicles and machinery.