CONSTRUCTION RISKS

1. COMBINED LIABILITY PRODUCT

Key Features

  • Cover available for main contractors as well as allied trades
  • Cover includes €6.5m Public Liability limit as standard
  • Minimal policy excess of €1,000
  • Policy Documentation issued within 14 days of receipt of completed proposal form.
  • Risk management discounts available (with certain Insurers)
  • No height or depth restrictions (depending on which Insurer provides cover)
  • Risk management service included on larger risks

Main Target Areas – Include but are not limited to:

  • Building Contractors, Groundworks Contractors, Blocklaying Contractors, Carpenters, Tiling Contractors (Excl. Roofing), Shop fitters, Cleaners, Glazier excl. roofing

2. CONRACTORS ALL RISK
Covers all forms of construction projects including buildings in the course of construction, alteration or refurbishment

Cover includes:

  • Off-site storage up to 25% of contract price
  • Expediting costs up to 25% of normal repair cost
  • Professional fees up to €1,500,000 per claim
  • Debris removal up to €1,000,000 per claim
  • Escalator clause of 25% of original contract price
  • Full automatic reinstatement of Sum Insured following a loss
  • Cover for fire brigade charges up to €100,000 per claim
  • Cover of increased costs of construction of up to €1,000,000
  • Showhouses contents automatically covered for up to €50,000
  • Speculative building, completed houses covered up to 180 days after the completion of the last house on site
  • Cover available for OWN and HIRED plant and equipment
  • Cover on plant is on a ‘24 hour any location, including transit’ basis

3. SPECIAL TYPES RISKS