The policy will pay for repair or replacement of the insured works following damage caused by an insured event. The sum insured needs to take into account and include any free issue materials, professional fees, debris removal and increased costs required to comply with any requirements imposed by public authorities.
The insured works are the permanent and temporary works. Cover can be provided on an annual basis or a project specific policy.
Cover can be extended to include:
Hired in Plant – including Continuing Hire Charges
Temporary Buildings – site huts, storage areas or other accommodation
Architects drawings – The replacement of architects’ drawings lost or damaged as a result of one of the insured risks
Works materials whilst in transit
Offsite storage to a specified limit
Liability for loss or damage to the works during any specified maintenance period – normally 12 months
Please contact email@example.com for any further information.