Traditional Insurance Arrangements (2)

Post By: Insurance Top Stories

Performance of construction projects entails use of certain types of insurances. Hogarth (2008), Bunni (2003), Cunningham and Fischer (1998), Eaglestone (1996) and Levine and Wood (1991) identify one or more of the following as the main insurance products bought in the construction industry:

1. Employer’s Liability Insurance;
2. Public Liability Insurance;
3. Contractor’s All Risk (CAR) Insurance;
4. Combined Policies;
5. PI Insurance;
6. Design and Build PI insurance;
7. Motor Vehicles and Movable Plant Insurance;
8. Latent Defects Insurance;
9. Insurance Against Loss of Delay Damages; and
10. Terrorism Cover.