The policy provides cover against damage to works in progress in respect to the construction of new buildings or the alteration of, or addition to, existing buildings. The cover applies in respect of works carried out by the UEA's own workforce as well as contractors employed by UEA on terms which require UEA or provide contracts works insurance.
All works must be notified to insurance prior to the commencement of work on site.
The maximum loss under this part of the contract is £5,000,000 and each claim is subject to the following excesses:
Subsidence : £2,500
Theft / Malicious damage : £500
Any other cause : £250