Renew the contractors insurance
Contract works, liability and plant cover renewed with the right turnover and values.
- Update turnover and wage roll figures
- List current contracts and their values
- Check the biggest contract value is covered. Most people forget this: A contract bigger than the policy limit is not fully covered
- Send the renewal pack to the broker
- Compare cover and excesses
- Approve the renewal (Managing director signs off)
- Send new certificates to main contractors and clients