This product has now been upgraded to cater for your clients and their sub-contractors. A unique market-leading sub-contractors indemnity extension complete with a waiver of subrogation is an optional extra. This is available for no additional cost to cover sub-contractors under the liability policy without recourse.
Underwritten by Chubb New Zealand Limited this is a simple minimum premium product for basic risks – up to 10 people including principals/sub-contractors, and up to $2.5m turnover.
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Revised Product Features
A simpler, clearer policy wording
Goods in Care, Custody and Control $250,000
Worldwide territorial limits (excl. USA & Canada)
Incidental contractual liability
Resultant Loss of Use following Damage or Destruction
Continuous Damage or Repeated Exposure
Policy wording approved by all Cluster Groups
Up to 10 people including principals/sub-contractors, and $2.5m turnover
Market Leading Sub-Contractors Extension
Excess options $500 | $1,000
$2m | $5m | $10m options
Over 300 trades and occupations
Online certificates of currency
Combine with Protecsure’s equipment cover in one quote
Optional extra of “Defective workmanship” and “License Building Practitioner” can be added as an extension to the Policy