Coverages: Builders Risk | Product Liability | Public Liability
MECON Insurance’s award-winning Annual Construction Policy offers comprehensive coverage for construction projects, combining material damage and optional public liability insurance. Designed for flexibility, it accommodates various project types—residential, commercial, civil, or mechanical—and can be structured on a turnover, run-off, or individual declaration basis. The policy includes automatic coverage for contractors, subcontractors, and principals, and can be extended to cover contractors' plant and equipment, existing structures, and more, delivering tailored solutions to meet diverse project needs.
Annual Construction by MECON Insurance Pty Ltd is designed for builders, contractors, and principals who want flexible cover for their projects. This policy brings together material damage and optional public liability insurance, making it a practical choice for a range of construction jobs.
It suits residential, commercial, civil, and mechanical projects, and can be set up on an annual turnover, run-off, or individual declaration basis. The cover automatically includes contractors, subcontractors, and principals, which helps keep things simple for everyone involved.
About Annual Construction by MECON Insurance Pty Ltd
Extensions are available for plant, equipment, and existing structures, so the policy can be tailored to suit unique project needs. The maximum cover goes up to AUD 25 million, giving peace of mind for large and complex jobs.
Annual Construction by MECON Insurance Pty Ltd is recognised for its flexibility and strong claims support. Brokers and clients can find extra resources, forms, and contact options on the product page to make the process smoother.
If you want to learn more about this insurance product, check the links or use the contact options like the ‘Contact Underwriter for Quote’ to get started with a quote or more details.
Annual Construction by MECON Insurance Pty Ltd FAQs
What types of projects are covered under this insurance policy?
Annual Construction by MECON Insurance Pty Ltd covers a wide range of construction projects. This includes residential builds, commercial developments, civil works, and mechanical installations. The policy is designed to suit both small and large projects, offering flexibility for different business needs and project sizes.
Who can be included in the cover provided by this policy?
Annual Construction by MECON Insurance Pty Ltd automatically covers contractors, subcontractors, and principals involved in each project. This helps ensure that all key parties working on a construction site are protected under one policy. Owners commissioning works can also be included, making the cover suitable for a range of project arrangements.
How can the Annual Construction by MECON Insurance Pty Ltd policy be structured?
This insurance policy can be set up in several ways: annual turnover basis for ongoing projects, run-off basis for completed works, or individual project declaration for specific jobs.
This flexible structure helps businesses match their insurance cover to changing project needs throughout the year.
What makes Annual Construction by MECON Insurance Pty Ltd different from other construction insurance products?
The policy stands out for its flexible cover options and automatic inclusion of contractors, subcontractors, and principals. Extensions are available for plant, equipment, and existing structures, allowing the policy to be tailored for unique project risks. MECON Insurance Pty Ltd is recognised for its award-winning product and specialist claims support.
Can this policy be used for projects across Australia?
Yes, Annual Construction by MECON Insurance Pty Ltd is available for projects anywhere in Australia. It is designed to suit a variety of locations and business types. For more on the line of business, see the Construction Insurance category page for further details on available cover.
construction liability
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