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Construction Code

Construction Law Episode 17: Insurance

27 Oct 2024

Description

This episode explores the pivotal role of insurance in construction projects, based on insights from Construction Law by Julian Bailey. We cover the essential types of insurance relevant to the construction sector, including public liability, professional indemnity, contractor’s all-risk insurance, and employer’s liability. The episode discusses why each insurance type is critical for managing risks associated with construction, from property damage to third-party claims. We examine common clauses related to insurance obligations within construction contracts, the allocation of risk between parties, and key cases that illustrate insurance disputes in the industry. Whether for contractors, clients, or consultants, understanding insurance provisions is fundamental to ensuring that construction projects are financially secure and compliant with legal requirements.

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