In building contracts, it is a necessity to have construction insurance especially when financial institutions are funding the project. The construction insurance will cover the building works that are currently in progress in the event that there is a loss or damage.
The insurance policy can be tailored to suit a specific project, or they can be included in an annual cover to cater for any construction works that may occur throughout the year.
Why Should You Have a Construction Insurance Broker?
The construction insurance broker will help you when deciding your building options and help you in deciding a plan. They will also help you navigate through the several levels of business insurance and explain to you your policy.
A construction insurance broker supports you in the event of an emergency. This means that you can focus on completing your building project and let them worry about the rest.
Construction Works and Liability
Before beginning a project, it is advisable to have your insurance in place. If a liability such as vandalism, theft, or natural disasters occurs, there will be a soft landing that you will fall on, get back up, and you can continue with the project seamlessly.
Construction insurance is a premium product. If you are ready to insure your construction work, feel free to contact us for a free quote at any of our branches or call us on 1300 741 731.