Partnership policies extend to all liability
67 Partnership policies extend to all liability
A professional indemnity policy that is issued to a partnership must extend to all liability incurred by each registered design practitioner or registered principal design practitioner who, at any time before or during the term of the policy, is a registered partner or registered employee of the partnership—
while the registered design practitioner or registered principal design practitioner was a registered partner or a registered employee of the partnership, and
in the course of carrying out the following work on behalf of the partnership—
for the design practitioner—design work,
for the principal design practitioner—principal design work.
The indemnity must extend to a person who has been a registered partner or registered employee of the body corporate regardless of whether the person ceased to be a registered partner or registered employee before the policy commenced.
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