This insurance is a comprehensive all risks cover applicable to the construction of buildings ranging from private houses to large industrial developments such as power stations and refineries, as well as civil works, earth works, roads, bridges, dams and open cast mining. As with other policies, Reef Insurance Brokers tailors a Contract Works policy to suit the specifics of the contract, with covers, exclusions and conditions appropriately customised. Injury and loss or damage to a third party’s property is usually included. 

This liability policy is available primarily to protect industries such as building, civil engineering, road building, mining contractors, and provides indemnity against all sums which you are legally liable to pay to third parties as a result of loss or damage to property or injury to persons occurring in connection with the business. This cover would also be required if you decided to do any building alterations or extensions to your existing business premises.