You are exposed to a variety of risks
when operating your business. Not only do you need to
be aware of your own actions, but you may also be exposed
to:
- Subcontractors - damaging your site or project
- Existing structures - inadvertently damaged
- Unauthorised persons on your site - theft, vandalism
and arson
- Environmental conditions - storm, flood, hail, snow,
frost, etc
These exposures can cause additional costs to repair
the works, and delay to the contract through down-time,
all of which impact your bottom line.
You don't want to face unnecessary risk, which is where
contract works insurance can help. Contract works insurance
covers sudden and accidental physical loss or damage
that occurs to the insured works during the period of
insurance other than the risks specifically excluded.
Contract works can provide annual cover, which covers
all your projects automatically, or you can obtain cover
on a project by project basis. See our brochure for
more information.
|
