MECON’s Construction policies combine both Material Damage and Public Liability.
We can insure simple or complex projects whether they are owner-builder, residential, commercial, civil or mechanical. We offer the flexibility of policies which operate on a turnover, run-off or individual declaration basis.
The policy contains an automatic limit for:
Expediting expenses
Mitigation costs
Professional fees
Removal of debris
Variations and escalation
The policy automatically includes:
Off-site storage and transit to the full sum insured
Resultant damage from faulty design, workmanship and materials
all at no additional cost.
Our policies can easily be tailored to include:
advanced business interruption
contractors plant and equipment
existing structures
financiers interests
hired in plant
overseas risks (supporting business domiciled in Australia)
products liability
products liability for previously completed projects