Insurance coverage beyond the decennial policy

A well-insured building trades professional is not only covered by the decennial insurance, which typically protects against major structural failures for ten years. Additional policies may address other risks specific to the construction industry.

Risks in construction work

Exploitation, employees, construction equipment, and the environment are among the risks that a craft business must manage. These risks can lead to legal, financial, or reputational damage if not properly addressed.

Insurance for employees and labor

Insurance policies for construction workers often cover injuries, illnesses, or other work-related incidents. This helps protect both the employees and the business from potential liabilities.

Equipment and environmental insurance

Construction equipment can be expensive to replace or repair, so specialized insurance is often required. Environmental risks, such as pollution or damage to the surrounding area, are also covered under certain policies.