Construction Insurance

The policies we offer can be available as a one-off for a specific project, or you can take an annual policy covering multiple projects and sites Australia-wide.

This type of insurance is for builders, owner builders and other relevant building contractors, as well as anyone visiting or working on the site.

Contract Works/Material Damage cover options

• Projects undertaken by builders, owner builders, contractors, financiers, or all parties to a contract that we agree.
• New constructions or alterations and additions.
• All phases of work:  Preparation, construction period, maintenance period & testing and commissioning.
• Loss or damage to existing structures under an insured's care, when requested.
• Work being undertaken in cyclone zones above the 26th parallel, subject to our agreement.
• Loss or Damage as a consequence of defective materials, workmanship or defective design, plan or specification (but not the defective material, work, item or part itself).

Sums insured against:

• Projects of any value insured from owner builders to commercial firms.
• Associated costs that result from loss or damage, such as demolition and removal of debris, professional fees and others.
• Further sums insured are also available for expediting expenses, contractor’s plant & machinery, tools & equipment and temporary site infrastructure.