Demolition and Asbestos

There is a high level of risk associated with demolition and the removal of asbestos, and as a result, a specialist insurance product is required, arranged by a broker with extensive industry knowledge.

Marsh’s demolition and asbestos removal facility provides a range of coverage options for this unique area of the construction industry. A recent enhancement to this product has been the ability to offer a $20 million limit for asbestos liability, as well as cover for the transportation of asbestos.

Who do we cover?

As part of our specialist insurance facility, Marsh can arrange cover for the following occupations/business activities:

• Demolition
• Asbestos removal
• Excavation
• Earthmoving
• Strip outs
• Salvage and salvage sales
• Shoring and underpinning
• Ancillary activities

What do we cover?

Our demolition and asbestos removal facility can cover:

• Public and products liability limit up to $20 million
• Asbestos liability limit up to $20 million
• Errors and omissions limit $500,000
• Statutory liability limit $1,000,000

What are the features of the product?

As part of a demolition and asbestos removal facility, clients can receive:

• Cover for transportation of asbestos
• Cover for shoring and underpinning
• Occurrence Based Wording except for Asbestos Removal
• Asbestos removal claims made wording
• Reimbursement of defence costs, in addition to limit of indemnity
• Care, custody and control cover - limit $100,000
• Strong claims management

This page contains general information, does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh Pty Ltd on request. Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) arranges the insurance and is not the insurer.