WHAT IS CONTRACT WORKS INSURANCE?

With the current climate of today’s building and construction sites there is a frightening amount of scenarios that can go wrong during the construction period that can cause a financial loss.

Contract Works Insurance is implemented into a civil and/or construction business to cover against incidents such as third-party liabilities and compensation as well as accidental theft and damage of contract works during the construction period.

First Nations Insurance understands that each project is different needing different requirements. Our experienced insurance brokers and in-house claims team will deliver expert risk advice and tailored insurance solutions to best meet your specific risks and requirements for your current and ongoing projects.

You need Public Liability insurance in general & especially if your customers visit you or you go out to see them, either at their premises, in public locations, or places owned and/or controlled by others.

Do I Need Contract
Works Insurance?

It is highly recommended that CWI needs to be considered if you are a:

  • Builder
  • Principal
  • Tradesperson
  • Contractor

What Is Covered?

A typical CWI policy will generally provide cover for:

  • Advanced loss of profits and/or rental
  • Material damage and/or theft
  • Start up Delays
  • Third party property damage
  • Material damage to existing structures and on site plant
  • Third party bodily injury
  • Legal Liability
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