Contract Works Insurance
This "All Risks" cover protects your assets in the form of your Works and Materials either on site or at other Insured locations.
You may find that under contract you are responsible for the materials on site in the course of your construction activities. Your responsibilities may also to be to arrange this cover in the Joint Names of both you and your Employer. Contract conditions may also stipulate what level of cover needs to be arranged.
We can help you assess your insurance requirements under contract and arrange the right level of cover. We can then provide prompt proof so that you can demonstrate this cover to your Employer and ensure contracts are started on time.
This insurance will be referred to under various contract forms such as JCT, NEC, Scottish Minor Works. We have a significant experience in reviewing these contract forms and advising on the insurance cover required to satisfy your contractual duties. By dealing with this promptly you can start on time and ensure there are no reasons for staged payments to fall behind.
We have access to a wide range of insurers who specialise in these products and offer a range of extended or enhanced covers. We also recognise that swift resolution of claims is particularly important and work with insurers who score well in this regard.
This cover can be purchased in isolation or it can be incorporated with cover for your own Plant or Plant that you hire in. If required, bespoke covers can be arranged along with contract-specific insurance specially endorsed to reflect your contractual commitments.