Contract Works Insurance
& Plant Insurance
The scheme is designed for all Contractors and Engineering firms
working away from their own premises or on third party sites
Contractors All Risks Insurance (also known as Contract Works Insurance) policies are specially designed for companies working at a contract site or away from their own premises.
Contractors All Risks insurance policies principally cover the contract works for ‘all risks’, but can also include additional cover for own plant, hired-in plant and employee’s tools.
As mentioned above, the main part of the contractors all risks insurance is the contract works section which provides cover for the value of the new materials and property being used on a project (e.g. new house, etc.).
Contractors All Risks policies are generally arranged on an annual basis by contractors.
Policies may also be arranged on a single contract basis either by the contractor or the principal/employer of the contract.
Our Scheme Extensions
- New for Old on Own Plant up to 2 years old
- Flexible Plant Security Conditions for when plant can not be locked in a compound or building
- Employees Tools
- Large limits for single items of Hired in Plant