Tailor made for the construction industry, our construction liability cover for construction and associated industries has been designed to be broad and progressive.
100% Lloyd’s security
Up to $25M Limit of Liability
Standard deductibles of $25,000 worker to worker/$5,000 for all other losses
Project-specific or whole turnover policies (can include non-construction related activities).
Contractual liability from business operations described in the policy automatically included
Waiver of subrogation is allowed
Principals are named as full insureds.
Sub-contractors automatically included as an insured if required under contract
Few limitations on the values/types of work/contracts undertaken
The policy can also be extended to include any of the following as sub-limits:
Errors and omissions
Rip and tear of defective concrete
Asbestos removal and transport
Product recall expense
Victorian plumbers legislation
Queensland electrical contractors extension
To complement the construction liability facility, they can also arrange:
Australia-wide and Pacific Island contract works coverage for civil, mechanical, electrical or building contractors on either an annual or single project basis with policy wordings broader than the industry standard.
Construction plant and equipment coverage, either on a separate policy or as part of a contract works policy
Professional indemnity and marine hull, and P & I cover associated with the construction sector