Builders Contract Works
Contract works insurance, which is sometimes referred to as construction all risks insurance, is a form of cover which can protect a builder from a range of events. As mentioned earlier the cover is similar in some ways to public liability insurance, however there are some major additional benefits.
Contract Works Insurance can cover: Construction of buildings and other structures Erection and installation of machinery, plant and equipment Dry and wet civil works Legal liability Advanced loss of profits Advanced loss of rental Delay in start-up, and Holding costs and standing charges.
Contract works insurance, which is sometimes referred to as construction all risks insurance, is a form of cover which can protect a builder from a range of events. As mentioned earlier the cover is similar in some ways to public liability insurance, however there are some major additional benefits. Whilst public liability covers you only for property damage or personal injury that has been caused due to your negligence, contract works can cover a range of other risks including those which
