INSURANCE
Build storeys,
not stories
with AXA Mansard Builders’ Liability Insurance
KnowYouCan
KnowYouCan
Why Builders’ Liability Insurance?
Builders’ Liability is an insurance policy for all buildings of more than Two(2) floors under construction. It is required by law (Section 64, Insurance Act 2003) and therefore compulsory in Nigeria as follows…
Features/Benefits
This policy protects site workers and 3rd parties from collapse of buildings under construction.
It provides cover against construction risks resulting in:
- Death of site workers or 3rd party
- Injury to site workers or 3rd party
- Damage to property of site workers or 3rd party
Parties Covered:
- Site workers such as: bricklayers, artisans, welder, architects, engineers and carpenters etc.
- Members of the public
- Surrounding Property Owners
