Team Construction News
Have you completed your 2010/11 tax return yet?
05 January 2012
The 31st January deadline for filing your 2010/11 self-assessment tax return is approaching fast. Read More >
Industry News
Small construction firms hit by VAT hike
12 January 2012
More than one in five small building firms, including many CIS card holders, has had to cut jobs as a result of the increase in VAT. Read More >
Insurances
Upon registration you will be automatically covered by our group policies for Employers and Public Liability with cover of up to £10 million and £5 million respectively, free of charge.
We insist that all sub-contractors are adequately covered by Site Accident Insurance. We have negotiated with our brokers, and they offer a discounted rate of £2.50 per week which will be automatically deducted (only for the weeks worked) unless we receive proof of your own policy and cover. The policy offered by our brokers provides cover of up to £125,000.
Team Construction is now working with a specialist broker to offer insurance cover to contractors who are working offshore in the Oil & Gas industry.
Contractors can either buy specific cover to suit their requirement or a package at a discounted rate. A key benefit is that you only pay for the weeks that you actually work, saving on expensive annual premiums.
| Insurance Type |
Level of Cover |
Low Risk |
High Risk |
| Employers & Public Liability |
£5 million |
£30 |
£40 |
| Personal Accident |
up to £50,000 |
£11 |
£11 |
| Professional Indemnity |
£2 million |
£11 |
£11 |
| |
| Package 1 (excludes Professional Indemnity) |
£38.95 |
£48.95 |
| Package 2 (includes Professional Indemnity) |
£49.95 |
£59.95 |
Insurance certificate and policy documents are available.
Low risk occupations
Technicians & Electricians
White Collar Workers
Supply Vessel Workers
CAD-CAM Operatives
Kitchen Staff & Support Staff
High Risk Occupations
General Labourers (exc. drilling work)
Manual Work (using machinery, tools
and lifting weights more than 25kg)
Pipe Workers/Plumbers,
Work at Height.
Excluded Occupations; Underwater Work, Drilling Crew, Roustabouts, Rotary Helpers, Work in the Drilling Area, Workers on the Drill (eg Derrick Men). Occupations to be Referred to our Brokers; Heat Work/Welders, Work involving ropes/Scaffolding, Work on or around the Drill/Drilling Platform in a Shutdown Situation. Terms such as Riggers, Floor Men, Roughnecks or Rig Crewmen need the actual activities defined and agreed, otherwise descriptions considered excluded. Terms & Conditions apply. If contractors do not take these insurances, we must see proof that they are covered for offshore work.
Not a construction industry worker or
sub-contractor?
We can still help, take a look at our other services below.
Hadden Business Solutions
Accreditations
