Do I need Construction Insurance for my business?
The construction industry has long been the most dangerous to work in. The nature of the work, and especially of construction sites, means that there are naturally more hazards than in any other industry. As a result, there are tens of thousands of work-related injuries every year, dozens of which result in fatality. There’s also a very high number of work-related health issues in the industry.
Despite considerable health and safety awareness campaigns attempting to tackle the problem, falling from heights is the most common type of accident in the construction industry. Other accident types include being struck or crushed by falling or moving objects, slips, trips and falls.
UK Construction Facts & Statistics
- Work related injuries and ill heath cost the construction industry £1.2 billion per year
- The construction industry is the most dangerous industry in the UK, with 1.6 deaths per 100,000 workers
- Fatal accidents have risen by 10% in the past 5 years
- 64,000 UK construction workers suffer non-fatal injuries every year
- Falling from heights is the most common type of accident in the construction industry.
Link Insure solution – We understand the risk this industry faces, which is why getting the right protection is so important.
Construction Contracts?
A construction contract is a formal, written agreement which is approved and signed by both the client and contractor. It sets out the terms and conditions of the services, as well as the cost and schedule of the works. There are eight standard types of construction contract in the UK.
Link Insure solution – In addition to injuries and damage to third party property, we also understand the complexities of contractual requirements and can include ‘Contract checking’ as part of the products we provide. We also offer a basic internal checking service and can offer advice on your contractual requirements.
