JCT Insurance Cover
Non-negligence insurance is vital to the majority of large scale builds. Construction Insure are a construction insurance broker with a wide range of experience and knowledge in providing JCT insurance, we will use our panel of insurers to get you the best quote on the market.
- JCT 21.2.1 insurance
- JCT 5.4a insurance
- JCT 5.4b insurance
- JCT 5.4c insurance
Need Insurance? Get in touch today!
Whatever your JCT contract insurance requirements, please get in touch today for a free no obligation quotation.
JCT Insurance in the Construction Industry
JCT Insurance is invaluable in situations where a JCT (Joint Contracts Tribunal) Contract exists, it is an agreement that clearly defines the responsibilities and the liabilities of each person or company involved in a building project. It acts as a safeguard for the client, developers and contractors alike in the event of a non-negligence insurance claim. At Construction Insure, we know which policies and contracts best protect your financial and legal liabilities on a build.
Types of JCT Insurance?
There are different types of JCT Insurance, because we deal with them all the time we would be happy to offer advice on which one is applicable to your situation. These are the main types:
JCT 21.2.1 protects you if there’s a non-negligence incident during the build. This includes issues such as the lowering of groundwater, things that couldn’t be foreseen and that non-one could be held liable for. However, any remedial work would still have to be paid for. JCT 21.2.1 would cover these costs, even if there’s already a Contractors All Risks policy in place. The information the insurer would need would be, for instance: the scope and cost of the build, the original drawings and indemnity you require. This is something that we would, of course, help you with every step of the way.
JCT 5.4A is a variation where the property owner and contractor are named jointly on the policy for a new build. This is different from the contractor’s own ‘All Risks’ policy. Some policies do already include the developer as a matter of course, but we would advise you on any details like this.
JCT 5.4B is similar to JCT 5.4A. The variation is that, in this case, the developer and contractor are required to be named on the building insurance.
JCT 5.4C is another variation. This requires the contractor is added to the home policy, in effect, making it a ‘joint names’ policy for the building. This can be complicated, due to existing exclusions in some building policies. But we’re here to help simplify the process.