Contract works cover protects you in respect of damage to the works you are involved in and responsible for before your contractual obligations have been completed. Being given a large contract is obviously great and knowing that there is a big pay cheque at the end of the job can sometimes mean this policy gets forgotten. But think about spending days, if not weeks, performing the required work whilst spending money on equipment and materials, for something to go wrong before the contract is completed and you lose time and hard-earned money.
This policy can cover a wide range of things. Some core areas of this policy include:
Contract works cover is not compulsory but this protection should be in place for any work you undertake. Being out-of-pocket for an unforeseen incident could place a business into severe financial difficulties, especially if the contract was of a large nature in terms of materials being provided. There can be so many unexpected costs involved if something goes wrong so make sure you have this cover in place. A useful addition to this policy is goods in transit cover.