Membership runs from 31 May until 31 May each year.
Annual Membership $297 (incl. GST)
Joining Fee $55 (incl. GST)
ArchiTeam Share $1 (one off payment)
All Applicants must be a registered Architect or graduate in Architecture or a registered practitioner in an allied profession.
This policy is a claims made policy of insurance. This means that the policy covers you for claims made against you and notified to the
Insurer during the period of insurance. The Policy does not provide cover in relation to:
However, where you give notice in writing to the Insurer of facts that might give rise to a claim against you as soon as reasonably practicable after you become aware of those facts but before expiry of the period of insurance, the policy will, subject to its terms and conditions, cover you notwithstanding that a claim is only made after expiry of the period of insurance.
Before you enter into a contract of general insurance with an insurer, you have a duty, under the Insurance Contracts Act 1984, to disclose to the insurer every matter which you know, or could reasonably be expected to know, is relevant to the insurer’s decision whether to accept the risk of the insurance and, if so, on what terms. You have the same duty to disclose those matters to us before you renew, extend, vary or reinstate a contract of insurance.
Your duty however does not require disclosure of a matter:
If you fail to comply with your duty of disclosure, the insurer may be entitled to reduce its liability under the contract in respect of a claim or may cancel the contract. If your non-disclosure is fraudulent, the insurer may also have the option of avoiding the contract from it’s beginning.
The Insurer provides that if a payment in excess of the limit of indemnity available under the policy has to be made to dispose of the claim, the liability of the Insurer for costs and expenses incurred with its consent shall be such proportion thereof as the amount of indemnity available under this policy bears to the amount paid to dispose of the claim.
The proposed insurance may be limited by a retroactive date either stated in the schedule or endorsed onto the Policy. Where the retroactive cover provided by the proposed policy is subject to such a date, then the policy does not cover any claim arising from actual or alleged act, error or omission or conduct occurring prior to such retroactive date.