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Contract works cover, Contractors insurance

Contract Works Cover

Hensure Business Insurance specialise in Contract Works Cover and can help to provide bespoke solutions for both large and small enterprises. If you work in the construction industry, it is likely you will carry out contractual site work at some point. You will be responsible for insuring the work done until it has been completed and handed over to the principal at practical completion.

What would happen if during the build phase of the project there was a fire on the site and all of the work completed so far was destroyed? You would be responsible for ensuring that all of the work was done again and would have to foot the bill for all of the costs involved. You may also have plant, equipment and other tools that are on site and need to be covered for loss or damage.

The correct Contractors all risk policy can help to cover these situations and cover is usually split between:

Contract Works Cover

This policy will cover the permanent and temporary works executed in performance of the contract and materials for use in connection therewith.

Contractors plant and equipment

This policy can cover your own plant and equipment and also any plant that you may hire in from a hire company. In fact the policy will not only cover you for the cost of the equipment hired in, but will also cover the cost of the hire charges for each day that the rental company cannot hire out the machinery as a result of the loss. The insurance covers circumstances where the plant and machinery are damaged or stolen.

Contact Hensure Business Insurance today for more information regarding Contract Works Cover and Contractors Insurance.

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Other Insurance Services

Professional Indemnity Insurance
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Injury & Incapacity Benefit Insurance
Director & Officers Liability Insurance
General Office Insurance
Shops/Retail Insurance
Insurance For Property Owners
Bespoke Business Insurance
Contract Works Cover
Trade Liability Insurance

Copyright © Hensure | Hensure Business Insurance is a trading name of RK Henshall & Co Ltd. www.rkhenshall.com. RK Henshall & Co Ltd are authorised and regulated by the Financial Conduct Authority. Registration Number: 308865. www.fca.org.uk. Written quotations, policy terms, conditions and exclusions are available on request.
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