Contract Works/ Construction Insurance

Contract works insurance (also known as ‘Construction All Risks’ insurance) provides cover for construction-related activities of a construction project or multiple projects. It covers accidental risks of physical loss, and damage to the contract works during construction as well as third party liabilities and compensation.

---

Who needs it

• Builders working on a construction project.
• Sub-contractors who run their own projects on the side.
• Trades people who run their own projects.
• A project owner about to undertake a construction project.

---

Covers generally includes:

Material damage or theft (forcible entry to storage) 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 - transit cover - delay in start-up.