There are a number of things that can go wrong during construction work that can cause considerable finanical loss.
At Coverforce, we understand that every project is different. That is why our experienced insurance brokers and in-house claims team will deliver expert risk advice and a tailored insurance solution that will best meet the specific risks and needs of your project.
What is Contract Works Insurance?
Contract Works Insurance (or Construction Works Insurance) provides insurance cover for a construction project.
Cover includes accidental theft and damage of contract works during construction as well as third party liabilities and compensation.
Do I need Contract Works Insurance?
If you’re a principal, builder, contractor or tradesperson working on a construction project, then you can benefit from Contract Works Insurance.
What does this Insurance cover?
A typical Contract Works Insurance policy will provide cover for:
- Material damage or theft of contract works
- Third party property damage
- Material damage to on-site plant and equipment and existing structures
- Third party bodily injury
- Legal Liability
- Advanced loss of profits and rental
- Delay in start-up