CONSTRUCTION WORKS PUBLIC AND PRODUCTS LIABILITY

Master Builder CONSTRUCTION WORKS PUBLIC AND PRODUCTS LIABILITY Insurance Built by Master Builders QUEENSLAND INSURANCE SERVICES Master Builder Jo...
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Master Builder

CONSTRUCTION WORKS PUBLIC AND PRODUCTS LIABILITY Insurance Built by Master Builders

QUEENSLAND INSURANCE SERVICES

Master Builder Join the thousands of Master Builders members who benefit from their association’s own insurance service.



Specialised insurance plans catering for both the housing and construction sectors.



Comprehensive insurance specifications and costings for most project types.



Insurance services owned and operated by Master Builders. Any surplus funds channelled directly back into the building and construction industry.



Expert assistance from qualified, in house insurance advisors who know and understand our industry.



Market leading insurance protection drafted by Master Builders for the benefit of members.



Quick turnarounds, easy paperwork.



Speedy, helpful claims assistance.



Regional representation.



Secure and reputable insurance companies.



Insurance certificates available via Master Builders website.

Master Builders Insurance can also assist with a wide range of polices for your other insurance needs. Just give us a call and compare what we can do for you.

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mbqld.com.au/insurance

QUEENSLAND INSURANCE SERVICES

The Master Builder Platinum Protection difference Arranging the correct insurance coverage for the diverse requirements of today’s building projects is a complex job. It demands expert attention, so that’s why Master Builders design and build special insurance policies for our members. Master Builders understands the building and construction industry, its pressures and its needs. After all, we’ve been looking after the best interests of this great industry since Master Builders was first formed way back in 1882. So when you buy a Master Builder Platinum Protection policy, you get much more than just a standard policy, you get all of our construction insurance knowledge and experience. You’ll also get: Your policy is built by Master Platinum Level Builders. An extensive range of Insurance Protection exclusive policy features are automatically included, every time. Platinum Level Buying Power

You access the bulk buying power of the entire Master Builders membership.

Platinum Level Policy Options

Whether you prefer Annual Turnover, Declaration Based or Project Specific policies, we’ve got all the options for you.

Platinum Level Advice and Claims Service

We’ll advise you on the cover that’s right for your business. And if you make a claim, we’re there to help you all the way.

Certificates of Currency available for your projects online

• Quick, secure website access • Assists progress claim process • Available from PC or mobiles.

Take a look at some of the many advantages and benefits of Master Builder Platinum Protection

Master Builder Platinum Protection This is no ordinary Construction Works Insurance policy Platinum Cover

Benefits

Project works are insured for an extensive range of events

Cover includes theft, malicious damage, storm, cyclone, flood, tsunami, fire and bush fire, subsidence or landslip. Also included are market leading provisions for resultant damage from faulty workmanship, materials, design, plan or specification.

Contract compliance

Compliance with insurance clauses of most standard contracts including Master Builders, Australian Standards, QBCC, ABIC.

A substantial list of extra contingencies automatically included in every policy

Allowances for works variations, escalation costs, inflation protection, owner supplied materials, professional fees, debris removal, mitigation expenses, expediting costs, materials in transit, off site storage and off site fabrication, to name a few.

Generous allowances for construction and defects liability periods

Up to 18 months construction period and 12 months defects period, so the chances of insurance running out before completion is minimised. Longer periods are available by request, if needed.

Replacement value with builder’s margin allowed in repair costs

Repairs are insured for replacement value and builder’s margin is also claimable. In the event of construction delay due to a claim, cover even includes provision for inflationary costs to build any unbuilt portions of the project.

Special extended terms for specs and strata projects

Cover continues after completion pending sale for specs, or pending registration of stratas, for up to 18 months from construction commencement.

Plant, machinery, equipment and tools

Includes $20,000 site cover that can be increased or extended off site, Australia wide. Cover is for replacement value and includes items hired in, if responsible.

Partial occupancy by owner plus delayed handover.

Partial occupancy of the works by principal, prior to completion is allowed. Also, up to 90 days continuation of cover post completion is included, should the builder still have contractual responsibility for the works.

Master Builder Platinum Protection This is no ordinary Construction Liability Insurance policy Platinum Cover

Benefits

Broadform liability terms of coverage

Protects your legal liability if you are held responsible for third party personal injury or property damage in your business activities and in addition, approved legal expenses.

Products liability in respect of your completed works

Your legal responsibility does not end at handover. Products liability cover protects you if your works cause third party injury or damage post completion. Your policy must be in force at the time damages occur.

Contract compliance

Compliance with insurance clauses of most standard contracts including Master Builders, Australian Standards, QBCC, ABIC.

Contractual liabilities and Indemnities

Provision for personal injury or property damage liability arising solely by reason of contract. This includes indemnity provisions and liability of others assumed by contract.

Subbies – Your liability from their actions and your liability to subbies

Cover is provided for your legal liability arising from subbies actions. Also insured is your liability to subbies, their workers or other workers on site. (Statutory WorkCover insurance may still be needed)

Vibration damage to property adjoining your sites

Cover is included up to the full limits of your policy in the event of damage to surrounding buildings or land caused by vibration, removal or weakening of supports. Also insures piling contractors, if obligated under contract.

Includes liability arising from hoists, cranes and unregistered plant items, as Plant items on site well as property damage from registered plant whilst in use on site. Office, storage, display, sales, workshops and property owner

Covers liability for all such activities and premises automatically. Property owner liability in respect of other properties used in your business is also insured.

Master Builders Insurance Services offices are located at: Brisbane

Gold Coast

Sunshine Coast

Rockhampton

Cairns

Master Builders 417-419 Wickham Terrace Brisbane Qld 4000 Master Builders 18 Central Park Avenue Ashmore Qld 4214 Master Builders Level 1, 91 King Street Buderim Qld 4556 Master Builders 35 Derby Street Rockhampton Qld 4700 Master Builders 310-314 Gatton Street Manunda Qld 4870 You can connect to us through any Master Builders office.

Privacy Statement Master Builders values your privacy and complies with the provisions of the Privacy Act. Details of our Privacy Policy are available on request or from our website www.mbqld.com.au Insurance Providers Insurance coverage for policies arranged through Master Builders Insurance Services is provided only by Australian Licenced insurance companies. Policy Summaries Policy cover and summaries of benefits contained in this document are a summary only of the insurance cover provided. For precise details of insurance coverage it is necessary to refer to the policy documents which will prevail in the event of any claim and are available on request. General Advice Warning This brochure contains general information only. As such, we have not taken into account any of your particular objectives, financial or individual needs or requirements. It does not contain personal advice.

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[email protected] A division of Queensland Master Builders Association ABN 96 641 989 386 Australian Financial Services Licence 246834 MB-19738