Construction works

Insurance built by Master Builders

Phone 1300 13 13 26

Master Builder ProtectionPLUS™

Master Builders has developed ProtectionPLUS™, a construction works insurance policy designed to give you high quality insurance protection against loss or damage that may occur to your works in progress.

Your jobs can be insured for a wide range of circumstances, including events such as theft, malicious damage, storm, flood, cyclone, tsunami, fire and bush fire, subsidence or landslip. Also included are provisions for resultant damage to correctly executed sections of the works caused by faulty design, plan, specification, materials or workmanship in other sections of the works.

Master Builder ProtectionPLUS™is no ordinary insurance policy. It provides an extensive scope of insurance protection well beyond the coverage offered by most other construction works insurance policies and it offers an exceptional balance of competitive pricing and excellent insurance coverage.

Some of the specific benefits of Master Builder ProtectionPLUS™ include the following benefits and much more:

  • Discounted premiums for members 
  • A wide range of essential policy extensions at no extra charge 
  • Specialised insurance plans for both the housing and commercial sectors 
  • Flexible policy alternatives (project specific, monthly declaration or annual turnover) 
  • Automatic minimum cover allowances for plant, equipment and tools on site, works value variations, owner supplied materials, professional fees, debris removal following insured loss, materials in transit, loss mitigation expenses, expediting costs, additional costs of reinstatement, off-site storage and fabrication
  • Builders margin is included in repair costs for insured losses 
  • Continued cover after practical completion for strata projects pending registration, specs pending sale and display homes whilst in use (time limitations are applicable) 

You can download the full Master Builder ProtectionPLUS™ brochure or phone us to request a copy of the policy, which provides complete details of the insurance cover.

Need more information?

Phone Master Builders to discuss your insurance needs or get a quote. You can also request a quote or request a certificate of currency online or email us with a question.