Commercial latent defects insurance
The hassle-free solution to repairs which ensures your claim procedure is swift and straightforward, with no need for proof of negligence, just proof of the defect causing physical damage.
BLPASSET promotes collaborative team working, giving a single point of reference for remedying defects.
Structure of the building with optional extensions for:
- Mechanical and electrical (M&E) services
- Building components
- Business interruption – covering rental income and relocation expenses
- As the policy covers the building, and s not a warranty on the work,
it reduces exposure to warranty or PI claims
- Helps attract tenants as they are protected
- Creates a more leasable / saleable property
- Helps ensure occupancy