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TYPE: COMMERCIAL COMBINED COVER SUMMARY

INSURED: Bovey Construction Limited

ADDRESS: Little Caton, Caton, Ashburton, TQ13 7EU

BUSINESS: General Builders

SUM INSURED
& INTEREST: All Risks

Accidental Loss or Destruction of or Damage to the Property Insured

Extended to include:
Subsidence, Landslip or Ground Heave

Buildings including Landlords Fixtures & Fittings £150,000

Plant, Machinery, Fixtures and Fittings and All Other £ 19,600

Contents

Portable Hand Tools £ 8,000

Electronic Office Equipment £ 12,000

Stock in Trade and Goods in Trust £ 6,500

Business Interruption following Insured Perils

Increased Costs of Working £ 50,000

12 Months Indemnity Period

All Risks

Unspecified Equipment (5 x laptops) £ 8,000

Employers Liability

Limit of Indemnity £10,000,000 any one occurrence

Wages: Clerical £ 90,000
Direct labour £390,000
LOSC £110,000

Public and Products Liability

Limit of Indemnity £5,000,000 any one occurrence/unlimited in

the period of insurance
Turnover £1,500,000
Payments to BFSC £ 165,000

Contract Works/Material Damage

Maximum Single Contract Value £500,000

Permanent and/or temporary works and materials £500,000
Own Plant, Tools and Temporary Buildings not required
Hired in Plant Charges £ 36,000
Hired in Plant Value £ 50,000
Employees Tools and Personal Effects not required
 TERMS AND CONDITIONS

Material Damage Section Satisfactory proposal form

£300 excess, increasing to

£1,000 in respect of subsidence

Electrical Circuit warranty

No smoking warranty

Waste removal warranty

Minimum security warranty

All Risks (away from premises) £300 excess each and every loss

Locked boot/garage clause

Employers Liability Hazardous work endorsement

Excluding fixed woodworking machinery

15 metre height limit

2 metre depth limit

Public Liability Hazardous work endorsement

15 metre height limit

2 metre depth limit

Use of heat equipment condition

Sub contractors clause

£500 third party property damage excess

Contractors All Risks Plant Security Clause

£500 excess each and every loss, increasing to

£750 in respect of theft and malicious damage

Limited defective condition exclusion clause

ALL OTHER TERMS AND CONDITIONS AS PER THE POLICY

WORDING

E&EO