Questions and Answers
What is the primary purpose of securing a professional liability insurance for foreign architects practicing in the Philippines?
To protect against claims alleging negligent acts, errors, or omissions in the performance of architectural services.
What is the significance of a locally-secured PLI for an individual foreign architect?
It covers individual FAs and not foreign architectural firms, and it must cover an individual FA for an individual project on Philippine soil.
What is the benefit of having a PLI policy that covers legal costs to defend against a claim?
It provides legal assistance, which may be even more valuable than having coverage to pay for actual negligence.
Who is responsible for implementing the rules and regulations for foreign architects practicing in the Philippines?
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What is the timeframe for implementing the rules and regulations for foreign architects practicing in the Philippines?
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Why may a client require a foreign architect to have a PLI policy?
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What is the significance of having a professional liability insurance that is commensurate with the nature and magnitude of the project involvement?
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Can a locally-secured PLI cover multiple projects for a single client?
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What is the benefit of having a professional liability insurance that is secured locally?
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Why is it important for foreign architects to secure a professional liability insurance that is acceptable in the Philippines?
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