Contract Works Insurance
Whether you’re the principle contractor on a construction project, or doing major renovations to your home, accidents and delays can happen so it pays to be protected.
How can we help?
Contract Works Insurance, sometimes called ‘Construction All Risks Insurance’, can cover the interest of all parties involved in a construction project, including the project owner, general contractor, subcontractors, and can also cover materials and equipment suppliers.
We can roll relevant covers of all parties involved in a construction project into one packaged policy, to keep life simple.
We can mitigate the risk exposures of your construction project/s by arranging a policy for:
- Accidental risks of physical loss or physical damage to the contract works during construction
- Construction of buildings and other structures
- Erection and installation of machinery, plant and equipment
- Dry and wet civil works
- Legal liability
- Third-party liability
- Advanced loss of profits
- Advanced loss of rental
- Delay in start up
- Holding costs and standing charges
It is an all-risk policy, subject to policy conditions.