Redi Builders Insurance

Contract Works Insurance

Single Project or Annual Period
Designed to include all limits required by the NZCB standard contract.

REDi Contract Works Insurance

  • Accidental physical losses during the construction and maintenance period.
  • Materials supplied by you the owner.
  • Full replacement. Costs to repair/ replace damage; up to the policy sum insured.
  • Contract materials stored in secure locations away from the contract site.
  • Materials in transit to the contract site.

Additional Policy Benefits

  • Professional Fees: Surveyors, engineers, architects and other fees necessary to rectify the damage.
  • Removal of Debris: To dismantle and remove the debris following loss.
  • Increased Costs during the Construction Period: Increased costs incurred because of cost variations to the contract price before the damage occurs.
  • Escalated Costs during the Reconstruction: Costs that exceed the initial contract costs during the reconstruction.

Public Liability Insurance

REDi Public/General Liability Insurance

  • Third Party Liability
  • Ability to extend cover to include ‘Property Being Worked On’

Statutory Liability Insurance

Cover for your legal defence if you are prosecuted for an unintentional breach of an Insured Act of Parliament. If convicted there is also cover for fines with the exception of the Health & Safety in Employment Act. LBP Protection included.

Employers Liability Insurance

If employees suffer an injury that is not covered under ACC, they are able to bring a case against their employer under Common Law. The insurance provides for defence costs and any settlement arising from such cases.

  • Additional Policies Available
  • Cyber
  • Management Liability
  • Employment Disputes
  • Directors & Officers
  • Trade Assets/Portable & Static Risk
  • Commercial Contents/Stock
  • Commercial Motor Vehicle
  • Personal Accident & Sickness
  • Private Home & Contents

For a free no obligation review of your current insurance programme please contact ICIB BrokerWeb on 0800 644 444

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