Arranged by Astute Insurance
Property Care Association
Combined Liability Insurance Scheme (including Professional Indemnity)
The Property Care Association (PCA) – Combined Liability insurance scheme (including Professional Indemnity)
Our bespoke insurance scheme is designed to serve the specialist structural waterproofing, building preservation and remedial treatments industry, meeting your needs as a specialist timber, damp and structural waterproofing contractor.
Giving comprehensive protection for your exposure to general liability, professional advice, and contractual guarantee claims, our expert team have been helping clients resolve ‘failure to perform’ situations caused by design, poor workmanship and use of faulty materials for over 25 years.
What the PCA Liability insurance scheme covers
The full cover provided under our policy includes:
- Public Liability – your liability to pay damages and costs following death or bodily injury to third parties or damage to their property arising out of your business.
- Employers’ Liability – your liability to pay damages and costs for death or bodily injury to your employees during the course of their work.
- Professional Indemnity – legal liability arising from negligence in the conduct of your professional activities and duties.
- Product Guarantee – Costs of repair of work involving damp and dry rot treatments and structural waterproofing treatments for which a guarantee has been issued which fails to perform the function for which it was manufactured, designed, sold, supplied, installed, repaired, despatched or delivered by you.
- Financial Loss – extends the Product Guarantee section to include any financial loss incurred by the customer or third parties as a result of the failure of your work to perform as intended.
The above is an overview of the extensive cover provided by our policy. Every business is different, so our experts are always available to offer advice and guide you through the options to ensure we quote appropriate limits of indemnity to meet your needs.
More about the PCA insurance scheme and the enhanced benefits for your business and your protection
Our policy cover is tailored to meet the needs of a specialist structural waterproofing, building preservation and remedial treatments company and does not contain an efficacy (failure to perform) exclusion found within the Public & Products Liability section wording of the majority of policies we appraise for companies involved in similar trades.
The Product Guarantee and Financial Loss covers we provide are one of the most important features of the insurance programme for all specialist timber, damp and structural waterproofing contractors who issue long term guarantees. This section protects your guarantee liability for failures and covers your client for the financial consequences of the failure e.g. the cost and associated financial losses of reinstatement works following failure of a waterproofing system you have supplied/installed.
Beware of policies that restrict cover to the value of your original contract. The true cost of a typical claim under Guarantee will often greatly exceed the original contract value once the consequential losses are included.
How to arrange cover under the PCA insurance scheme
If you’re a PCA member looking for a quote or to arrange cover, please either call us on 01604 611911 or complete our Fact Find Form and email this to pca@astuteinsurance.com and our experienced team will be in touch.