Michael Kennedy Insurance Group works closely with Clients, Architects, Builders and Engineers to evaluate Risks, Material Damage and Business Interruption exposure.
Insurance cover includes:–
Advanced Loss of Profits
This policy provides Indemnity against Loss of Projected Profit following a delay in the commencement of a commercial operation caused by Material Damage or Loss during the construction period.
Contractors All Risks
This policy covers against Loss or Damage to the building being erected or worked on along with Site Plant, Site Buildings and Plant Hired In and employees tools and equipment.
This covers against damage to other Third Party Property (other than the works) caused by building works where there is Collapse, Subsidence, Vibration, Weakening, Removal of Supports and the lowering of a Water Table.
Decennial Insurance / Latent Defects
This policy provides a structural guarantee on a newly erected building for a period of generally 10 years. It is common for financial institutions to request this form of policy when funding large sums of money.
Project Insurance / Wrap Around Insurance / Self Build Insurance
This policy is designed for projects where the person building is using direct labour rather than a main contractor. It will provide Public Liability and Contractors All Risks insurance on the project.
Employers Liability Insurance.
This policy covers a Company’s Legal Liability for accidental Bodily Injury to employees or disease contracted by them arising out of and in the course of their employment in the business.
Public / Products Liability Insurance.
This policy covers a Company’s Legal Liability resulting from accidental Bodily Injury to any Third Party or loss of or damage to Third Party property arising in connection with the carrying on of a business. Similarly Third Party claims arising from Defects in Products sold or supplied are covered.