Tailor made for the construction industry, our construction liability cover for construction and associated industries has been designed to be broad and progressive.
Features:
- Limits of up to $25 million.
- Standard deductibles of $25,000 worker to worker/$5,000 for all other losses.
- Project-specific or whole turnover policies (can include non-construction related activities).
- Contractual liability from business operations described in the policy automatically included.
- Waiver of subrogation is allowed.
- Principals are named as full insureds.
- Sub-contractors automatically included as an insured if required under contract.
- Few limitations on the values/types of work/contracts undertaken.
The policy can also be extended to include any of the following as sub-limits:
- Gradual pollution
- Errors and omissions
- Rip and tear of defective concrete
- Asbestos removal and transport
- Product recall expense
- Airside risks
- Victorian plumbers legislation
- Queensland electrical contractors extension
To complement our construction liability facility, we can also arrange:
- Australia-wide and Pacific Island contract works coverage for civil, mechanical, electrical or building contractors on either an annual or single project basis with policy wordings broader than the industry standard.
- Construction plant and equipment coverage, either on a separate policy or as part of a contract works policy.
- Professional indemnity and marine hull, and P & I cover associated with the construction sector.
For more information about our construction liability facility, please email us at roy@platinumplacements.com.au or call us on 0412 662 262.