Tips to beat financial pressure
Difficult economic conditions are making life hard for the Kiwi construction sector. So, how can you safeguard your livelihood against…
Insurance
Keep proper records!
Keeping detailed records of conversations and work done could save you if a job turns sour. BuiltIn expert Ben Rickard…
Identify insurance gaps
If you’ve ordered materials before a job starts, you may not be covered by your contract works insurance, because cover…
If work stops, so may insurance
With supply chain issues causing much longer lead times for building materials, which creates further scheduling challenges, there’s a good…
TOP INSURANCE TIPS
Trade insurance expert Ben Rickard offers insights on recent insurance issues that have cropped up from builder and sub-contractors We’ve…
LIABILITY AND INDEMNITY
Liability and indemnity insurance can be a tricky issue to deal with, so it’s important you’re aware of some of…
STATUTORY LIABILITY INSURANCE
Having health and safety protocols isn’t the same as protecting oneself from consequences if there are accidents in the workplace.…
IS YOUR STOCK INSURED?
With talk of merchants being out of stock, longer lead times and cost increases, we’re seeing more stockpiling of building…
Contract conditions
A lot of insurance is tied to contracts, so it’s critical you understand what’s in your contract and comply with…
BUILDING DEFECTS EXCLUSION
Have you ever heard of the Building Defects Exclusion? Ben Rickard, from Builtin Insurance, explains how this is an important…
BACKED BY A BOND
A Covid-19 related policy change earlier this year saw Kainga Ora begin to accept surety-backed bonds rather than only those…
DO YOU NEED A BROKER?
Insurance is a specialist topic. In this issue, Builtin’s Ben Rickard provides some advice on how to navigate the ins…