What to look for when considering contract works insurance, and why
Get insurance covers for your business or professional situation in Papua New Guinea.
If a problem eventuates on your construction job, don't let the losses compound
With a business in the construction sector, you're adept at managing complexity.
It comes with the territory, whether you're a builder, contractor, or machinery or plant owner.
You might have the ability to assess and respond to a situation.
But sometimes, the response time depends on more than your team.
That's when you're glad to have fully considered your contract works insurance cover; especially in a changing world.
Less downtime can mean fewer consequential losses.
More effective legal representation can mitigate the reputational risk your business faces.
Along with a raft of others, those considerations will influence your choice of contract works insurance.
Get workers' compensation insurance for PNG
Perhaps you are a builder, contractor, or owner of various plant and machinery in the construction industry.
Either way, you know your business faces highly complex risks.
Teams in the construction sector often need to work within short time frames. When problems arise, your business also needs to minimise costly downtime.
A Niugini policy for construction insurance can include cover for contract works, boiler explosion, electronic equipment and machinery breakdown.
The policy can also cover the associated loss of profits following an insured event.
Time is money, which is where a prompt and expert claims service can make a big difference.
Next Steps? Talk to your independent insurance broker about contract works insurance, and ask for a quote from Niugini Assurance.
