Residential units delivered with Latent Defect Insurance (LDI) provides owners with the ultimate peace of mind by not only offering for the first time a 10-year insurance policy against significant building defects, but also the additional peace of mind of knowing that a rigorous independent monitoring and surveillance program, referred as a Technical Inspection Service (TIS), has been carried out through the entire construction process.
The Latent Defect Insurance program is unique by mandating continuous independent oversight during construction and providing unparalleled assurance of building standards to homeowners and all stakeholders. LDI is conditional on full compliance with the TIS program which includes risk assessments of structural and geotechnical designs, waterproofing assessment, strategic site inspections from excavation to completion, with final detailed reviews to ensure compliance with LDI standards.
Our well-established de-risking programs synched perfectly with the exacting demands of the Technical Inspection Service. SDSS was appointed the first internationally accredited TIS provider by the global insurer in France and our reputation and track record have made SDSS the TIS provider of choice.
The LDI program is the gamechanger for the consumer who have the bad news stories about building quality in NSW in the backs of their minds. With LDI they can purchase with confidence and peace of mind knowing there is a 10 year comprehensive insurance policy against significant building defects in force, plus the security of the additional independent oversight that has taken place during construction.
Contact us to learn how our TIS program can help achieve a premium and successful outcome for your project.