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. This product has the ability to offer a $20 million limit for asbestos liability, as well as cover for the transportation of asbestos.

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

Our demolition and asbestos removal facility can cover:

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

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