Contractors' all-risk insurance
Contractors' all-risk insurance (sometimes referred to as 'contract works insurance') is a policy that covers all risks normally associated with a construction project.
Issued commonly under the joint names of a contractor and a principal client it can protect against:
- The cost of unforeseen loss or damage to building works.
- Machinery movement.
- Public liability.
- Tools.
- Plant owned by the policy holder.
- Plant hired in.
- Business interruption.
- Equipment erection.
Cover is usually provided for the construction period but it can be extended to included the defects liability period too.
Contractors' all-risk insurance is available from a wide range of insurance providers.
[edit] Related articles on Designing Buildings Wiki
- 3D animation for insurance risk analysis.
- Business interruption cover under COVID-19.
- Collateral warranties.
- Damage caused by construction works.
- Defects liability period.
- Directors and officers insurance.
- Environmental Impairment Liability (EIL).
- Factors affecting property insurance premiums.
- Future of construction insurance.
- Insurance.
- JCT Clause 6.5.1 Insurance.
- Joint names policy.
- Making sure your builder has appropriate insurance.
- Parent company guarantee.
- Performance bond.
- Professional indemnity insurance.
- Professional Indemnity Insurance clause in conditions of engagement.
- Residual value insurance.
- Retention.
- Risk management.
- Risk register.
- Run-off cover.
- Self build insurance.
- Single project professional indemnity insurance
- Specified perils.
- Subcontractor default insurance (SDI).
[edit] External references
Featured articles and news
Listed despite problems with its design.
Zen and the art of cycling exploration.
Design Council Homes Taskforce launched
To support government 1.5 million homes target within UK climate commitments.
The story of this knowledge quarter building.
In ecology, in hydrology, in biology and in architecture.
Creating environments that promote physical, mental, and social well-being.
UK cases of neutral current diversion
Research project looks for example contributions.
Overstocking and macro-economics cause a decline.
The 2024 update of the Common Assessment Standard
Demonstrating organisational capability’ to fulfil roles under the Building Safety Act.
56 recommendations for a better built environment
Published by the CIC ahead of the King’s Speech.
SkillELECTRIC Top 8 Competitors Named
in annual search for the UK’s best student electrician.
CIOB Diversity and Inclusion technical information sheet
Step-by-step guide on implementing D and I practices.
Conservation and the Indian City. Book review.
Reversibility in conservation ethics
Learning from painting conservation.
Where It's AT Podcast launched!
New CIAT Architectural Technology Podcast goes live.
Comments
To start a discussion about this article, click 'Add a comment' above and add your thoughts to this discussion page.