Pricing on the combined Construction Risks – Material Damage and Liability policy has largely been maintained in line with previous years.
Changes have been made to clarify coverage. The changes do not impact cover provided by the policy.
Policy coverage sub-limits
Some sub-limits under Section 1 – Material Damage have been amended, and are listed below. The policy wording and coverage remain broad and competitive.
|Idle/standby charges||$2,000,000||$250,000 each event, $500,000 in the aggregate each project|
|Extra expense||$5,000,000||$250,000 each event, $500,000 in the aggregate each project|
Contact us on 03 9270 6900 or firstname.lastname@example.org.
Please read the full 2021-2022 policy terms and conditions [PDF, 774KB]