Why On-Demand Guarantees Wording Can Destroy Contractors
In South African construction, guarantees are more than just paperwork – they determine how risk is shared between contractors and employers. A guarantee is a financial promise that protects an employer if a contractor fails to perform. But not all guarantees...
Are Your Vehicle Keys or Plant Remotes Insured?
When thinking about insurance, most of us focus on the big-ticket items—cars, equipment, and machinery. But what about the smaller, yet equally critical items like car keys or plant remotes? Losing these can bring unexpected costs and disruptions that you may not have...
Special project delay insurance for special risks
You know that there are many risks associated with running a construction company. After civil unrest wreaked havoc in South Africa in June and July this year, you may be asking yourself: “What would happen if we should have to temporarily close our construction sites because of civil commotion, public disorder, rioting, looting, labour disturbances, strikes, a lockout – or even an act of terrorism?”
