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  • Self Build Insurance from Protek - Site Insurance & Structural Warranty - On Line Quote
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  • Self Build Insurance from Protek - Site Insurance & Structural Warranty - On Line Quote

New Build | Conversion | Renovation | Extension

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Developer Insurance

If you are property developer building property to sell (or let) on the residential market, Protek have a range of property developer insurance products available for you from site insurance to structural warranties.

BENEFITS OF THE PROTEK NEW HOME WARRANTY

Choosing Protek to provide a new home structural warranty on your next property development means you will be delivering each of your homebuyers with a new home, inspected by our technical auditing team and backed by a comprehensive warranty.

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The registration process is completely free and it is simple to apply.

THE BUILDING PERIOD – LOSS OF DEPOSIT PROTECTION

As the developer, if you do not commence work on the home as a consequence of incapacity due to ill health or death or the due to your ceasing to trade or fraud, the underwriter can refund the deposit paid by your customer or complete the home. This offers increased peace of mind for your homebuyer.

10 YEARS COVER 

  • The home is covered for 10 years from the date of completion, with the developer taking responsibility for defects occurring in the first 2 years of cover. The new home warranty policy helps protect the homeowner in the event the developer ceases to trade post completion.
  • Full risk transfer occurs in years 3 to 10

CONTAMINATED LAND COVER

The new home warranty policy is designed to indemnify the homeowner in respect of remediation expenses incurred in treating or isolating or removing any substance from the policyholder’s land in a controlled manner in accordance with the requirements of any statutory notice.

NON-COMPLIANCE WITH BUILDING REGULATIONS

  • Structure
  • Fire Safety
  • Site preparation and resistance to moisture
  • Hygiene
  • Drainage and waste disposal
  • Heat-producing appliances
  • Protection from falling, collision and impact
  • Glazing – safety in relation to impact opening and cleaning

ADDITIONAL COVER

  • Additional costs and expenses cover
  • Alternative accommodation
  • Removal of debris
  • Professional fees

For more information please visit our sister operation Protek warranty or call 0333 456 5040

CONSTRUCTION PROJECT ALL RISKS INSURANCE OVERVIEW

Construction project All Risks insurance cover is available on an fixed term All Risks basis for the duration of the project. The time span of the development project can range from a few months right up to two years. Should the project be delayed, then additional periods of cover can be purchased as required. This flexibility negates the requirement for annually renewable contractors all risks cover. It is suitable for contracts of up to £5M.

  • All Risks cover for damage to permanent and temporary works and materials, whilst on site and in transit to and from site
  • Off Site storage
  • Professional fees
  • Public and Employers Liability cover
  • Cover for liability at law incurred by the under Section 3 of the Defective Premises Act 1972
  • Cover for waived rights of recourse against sub-contractors directly engaged by the policyholder in accordance with JCT Contract Conditions
  • Optional – Cover for the employers owned and hired in plant and machinery for use in connection with the contract works including recovery costs and hire charges liability

Cover Summary Sheet

To obtain a quotation call 0333 456 8030

 

Protek_Warranty

SELF BUILD INSURANCE & STRUCTURAL WARRANTY

Contact Us

Protek Group Limited,
Unit 2, Enterprise Way,
Edenbridge,
Kent,
TN8 6HF.

Tel: 0333 456 8030

 
Protek Self Build are a member of NaCSBA
 
 
 
 
 
 
 
 


 

Protek Group Ltd is an Appointed Representative of Steve Wassell Insurance Management Ltd which is authorised and regulated by the Financial Conduct Authority – Reg. No. 231905.

Protek Group Ltd registered office: Unit 2 Enterprise Way, Edenbridge, Kent, TN8 6HF. Registered in England and Wales. Company Number 09616620.

THIS INFORMATION MAY BE CHECKED ON THE FCA’S REGISTER BY VISITING THEIR WEBSITE OR CONTACTING THEM ON 0845 6061234.

CLICK HERE TO VIEW OUR PRIVACY AND COOKIE POLICY

CLICK HERE TO VIEW OUR LEGAL & REGULATORY POLICY

Financial Ombudsman Service
Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service Exchange Tower, London, E14 9SR | Tel: 0800 023 4567 or 0300 123 9 123 | www.financial-ombudsman.org.uk

Online Dispute Resolution platform
Consumers wishing to complain about a policy sold online can register the complaint using the Online Dispute Resolution platform (ODR) at https://ec.europa.eu/consumers/odr/