Contract Works and Plant & Equipment

Our Contract Works and Plant & Equipment insurance is underwritten by W.R. Berkley UK Limited, an appointed representative of W.R. Berkley Syndicate Management Limited.

We can write Contractors Works or Contractors Plant insurance on a stand alone basis.

Type of Insurance and Cover

This policy can provide cover for loss or damage to:

  • contract works and materials
  • employees personal tools and effects at or adjacent to the contract site
  • plant and equipment owned by or on lease to the insured

Significant Features & Benefits

  • Reinstatement as new cover for owned plant which is less than 18 months old
  • Waiver of subrogation rights against sub-contractors where required by JCT conditions
  • Escalation clause

As standard this policy can provide cover for

  • up to 12 months ‘extended maintenance’ where required by contract
  • ‘free issue materials’ for which the Insured is contractually responsible
  • contract works and materials stored away from the
    contract site
  • speculatively built properties awaiting sale for up to
    three months after completion
  • show houses and their contents
  • breakdown during testing of installed machinery
  • the contents of site huts
  • security devices fitted to own and hired in plant
  • loss of keys to owned and hired in plant
  • owned and hired in plant while hired out
  • costs incurred to recover immobilised owned or hired
    in plant
  • expediting expenses
  • debris removal
  • professional fees and plans
  • fire brigade charges
  • repair cost investigation
  • legal costs incurred in the defence of proceedings
  • principals and other parties financial interests

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