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Contract Works insurance provides a company with the overall protection it needs to have in place in order to work on a specific job. While individual sub-contractors may have their own indemnity policies in place, Contract Works cover provides a blanket insurance policy that goes above and beyond those of the subcontractors.
Contract Works insurance is often a requirement for a contractor on a specific project. The contractor is able to select an insurance policy that is specific about those contractors and subcontractors covered, depending on the requirements of the employer (usually the owner of the site).
Having Contract Works insurance in place means that you are covered in the event of loss or damage to a work site during your contract, regardless of the variations in individual sub-contractors’ policies. For example if there is a fire on the site that results in you needing to restart the job, the policy will cover you for the additional materials, tools and financial losses incurred as a result.
1 Apr 2016
Members of the public can join the fight against insurance fraud by reporting what they know to the Cheatline. Powered by Crimestoppers, the Cheatline is a free service that enables members of the public to anonymously report information or suspicions about insurance fraud. – Cheatline is on 0800 422 0421, or online at www.insurancefraudbureau.org/cheatline. – […]
22 Mar 2016
Spring is finally here and at this time of year there is lots of activity in gardens and allotments across the country. – Additionally, we may be buying new gardening tools and equipment and it is also traditionally a time when burglars target garden sheds, garages and outbuildings looking for power tools, bicycles and other […]
16 Feb 2016
Why you need engineering inspections Compliance with the law To avoid costly HSE fees for intervention Defence against claim or prosecution against your business or its directors personally Avoid equipment downtime Gain efficiency, longevity of plant use and reduce your environmental impact Use this link to identify the types of plant that you […]