Construction Insurance – Intermediate
- 6 CPD Hours
- Intermediate Level
- Online or Face-to-Face Workshop
Summary
This participative workshop is for those with some practical experience of handling or placing contract works insurance, but who are looking to add to this knowledge.
It provides a structured overview of the subject which will act as either a learning opportunity for those less experienced or a refresher for the more experienced.
Prior to the course delegates will be sent a handout which will be used extensively on the day and should therefore be available to them for both sessions.
Course Content
- The need for separate insurance, Risks/property insured, Ways cover can be arranged, Parties and terminology
- Contract Conditions: Parties involved, Insurance requirements for Works & Plant under JCT standard form of contract, JCT Minor Works
- Policy Cover – Contract Works: Usual cover, exclusions, extensions, Common alternatives, Maintenance cover, Defects exclusions
- Placing and Rating Risks: Key insurer information needs, Good risks and bad risks, Contract works pricing
Learning Objectives
- Describe the risks involved in contract works insurance
- Explain the difference between contractual obligations and insurance requirements
- Describe how standard contracts such as the JCT clauses can affect the client’s insurance arrangements
- Explain non-negligence cover
- Describe the major elements of contract works insurance policies
Ready to book?
Simply complete the booking form with your details and a member of our team will be in touch with the next available dates.
Any questions?
If you’re not quite sure if this course is suitable or are looking for further information, call our team on 0117 244 7221.