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Contract Works Insurance

Damage to Own Plant, Hired in Plant, Employees tools and personal effects
Suits:
Cover is available for own and hired in plant (constructional plant and temporary buildings) and employees tools and personal effects.

Other features of our Contract Works policy include

  • Damage to the permanent works caused by the contractor during any maintenance or defects liability period.
  • Cover extends to indemnify your employer/purchaser/principal
  • We can also cover testing/commissioning of new plant.
  • The cost of professional fees incurred in reinstating the property following a loss is covered provided the sum insured is adequate.
  • The costs incurred in removing debris, dismantling and/or demolition and shoring or propping up of damaged property are covered within the sum insured for a limit of up to 10%.
  • Under the escalation clause we will automatically allow for a 25% increase in the value of the contract work.

The costs of recovering unintentionally immobilised plant, whether or not damage has occurred, is covered

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Barry Hanley
Commercial Specialty Lines Underwriter
P:01 5173605 M:086 076 0073