Construction Project Policy

The policy wordings are clear and specific to the cover that is chosen.
Cover is available for The Employer, The Contractor, Sub-contractors and Other parties in line with the project contract requirements.
Cover extensions are automatically built into wordings with flexible extension limits displayed clearly on the schedule specific to your customers’ needs.
All limits of indemnity are clearly shown on the policy schedule with all excesses applicable to the chosen cover.
Policy wordings and schedules are available electronically so they can be emailed.

Construction Project Policy Cover Options

Contractors all risk section - single contract

Cover includes:

Additional increased cost of working
Environmental protection cover
Escalator cover
Expediting costs cover
Free materials cover
Hired in plant cover
Immobilised plant cover
Indemnity to principals cover
Joint named insureds cover (optional)
Off-site storage cover
Public relations expenses cover
Re-drawing plans or documents cover
Reinstatement of sum insured after loss cover
72 hour cover
Show properties and contents cover
Speculative development cover
Sub-contractors cover
Testing and commissioning cover
Transit cover.

Delay in start-up cover

The cover is designed to cover the loss of future profits/revenue/rent/increased interest charges or alternative residential accommodation costs following damage which is insured under the CAR section causing the contract to be delayed.

Cover includes:

Additional marketing costs cover
Customers and removers premises cover
Denial of access (damage) cover
Expediting costs cover
Manufacturers and suppliers premises cover
Professional accountants fees cover
Temporary buildings, constructional plant and equipment cover
Utilities cover.

Existing structures

Insurance cover to protect existing structures that are being worked upon as part of the contract.

Perils cover in line with requirements under the contract.

Public liability (single contract)

This cover gives your clients protection in respect of legal liability for injury to third parties or for damage to their property. Policy cover includes:

A "Non accidental" wording, subject to an exclusion for deliberate acts
Variable limits of indemnity available, up to £10,000,000 dependent on type of risk
Data protection cover, with a standard limit of £1,000,000 (increased limits may be available)
Environmental clean-up costs, with a standard limit of £100,000 (increased limits available for most risks up to £1,000,000)
Manslaughter costs, with a standard limit of £1,000,000 (increased limits can be arranged)
Safety legislation costs (extended to include new terrorism legislation), with a standard limit of £1,000,000 (increased limits can be arranged)
Terrorist act cover, with a standard limit of £2,000,000 (increased limits may be available)
Advertising liability protection for libel/slander and breach of trademark in respect of any advertising, publicity or articles broadcast in connection with the business, with a standard limit of £250,000
Accidental release of asbestos cover
Contingent motor liabilities cover, extended to European Union
Court attendance costs - £500 per day for any director, partner or employed person
Cross liabilities including member to member
Housing Grants cover
Legionella, subject to precautions condition
Wider personal liabilities cover

Building contracts non-negligent cover (single contract)

Insurance designed to protect the Employer in respect of damage arising from the execution of the contract works in circumstances where there has been no negligence on the part of the Contractor.

The BCNN policy provides cover against the perils of:

Collapse
Subsidence
Vibration
Weakening or removal of support
Lowering of ground water
Heave.

Terrorism

Terrorism This covers your clients against:

Acts of terrorism
Damage to property insured
Business interruption.

Policy Wordings

Building contracts non-negligent insurance (single contract)

Download document CLBN0001P-B (PDF 95KB)