Third Party Liability

The effective risk transfer of third party risks is pivotal to those working in the construction sector. Significant losses arising from bodily injury and/or property damage claims can be devastating to contracting business, and as such it’s important that clients have access to comprehensive policy coverage in this very important area.

Through decades of experience working in the construction sector, Chase Underwriting have developed a Third Party Liability Policy which provides a concise operative clause as well as an extensive range of extensions to meet the demanding requirements of the industry.

The Chase Underwriting Third Party Liability Policy offers “market leading” breadth of coverage for clients in the broader Construction and Engineering Industry.

Our Capacity

Primary Limits up to $20M as standard, however increased capacity (up to $200M) can be arranged.

Our Appetite

Our risk appetite is broad and includes the following:

  • Residential, Commercial & Industrial
  • Civil and Infrastructure (including wet)
  • Mechanical & Electrical
  • Mining Infrastructure and Services
  • Specialist Trades (demolition, pre & post tensioning, underpinning etc.)
  • Other Trades (roofing, pool construction, carpentry etc.)

Key Product Benefits

Some of the key inclusions of this policy are:

  • Coverage for all declared business activities
  • Automatic cover for Products & Completed Operations Liability
  • Waiver of subrogation is allowed
  • Allows for advance payment of costs incurred to defend a claim
  • Broad definition of property damage and personal injury
  • Cover for use of cranes, including damage to goods on hook
  • Cover for use of mobile equipment and use of registered vehicles on site anywhere within Australia
  • Advertising Liability is included
  • Sudden and accidental pollution liability is included
  • All parties required by contract to be insured, with a Cross Liability provision included.
  • Policy provides cover for bodily injury and/or property damage arising from breach of professional duty (including error in design, plan or specification etc.)
  • No ‘reasonable care’ condition
  • No inner limitations with respect to property in your care, custody or control (full Sum Insured is available for such losses)
  • No restrictions for claims caused by application of heat (unless included by Endorsement)
  • No restrictions for damage to underground services (unless included by Endorsement)
  • No contractual liability exclusion
  • No exclusion nor inner limit applicable for damage caused by vibration, removal or weakening of support (full Sum Insured is available for such losses).

Contact Chase Underwriting

Level 1, 68 Clarke Street, Southbank, VIC 3006
03 8866 0700


© 2023 Chase Underwriting Pty Ltd AFSL 454344 ABN 50 156 554 808 Party Liability