Contract Works Insurance provides cover for both material damage and liability in respect of construction projects. Cover can be purchased on an annual basis or on a contract specific basis depending on your requirements. Cover is also available for Owner Builders.
Generally the sums insured under Contract Works policies will be guided by the project value and the specific type and method of construction taking place. Sub-limits may apply to certain covers under the policy which can be adjusted to suit the requirements of the project and a selected limit of liability will apply to the liability section of the coverage..