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CONSTRUCTION INSURANCE - INTRODUCTION
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Description and objective: Delegates will be able to demonstrate awareness of:
- Contract Works Insurance and the various ways Insurers provide the cover
- the content of the insurance clauses within the JCT contract and an understanding of the difference between contractual obligations and insurance requirements
- the standard structure, and content of Contract Works and Contractors Liability Insurance policies and the optional extras usually available
- the underwriting process and the information insurers require to assess and price risks
Suitability: Whilst no previous Contract Works experience is required a good grounding in the basics of Commercial Property and Liability insurance should still be regarded as a pre-requisite.
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