Understanding the Insurance Options under JCT SBC 2024
Understanding the Insurance Options under JCT SBC 2024
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In this module we move on to look at insurance under the JCT 2024. Clause 6 contains the insurance requirements, along with a number of indemnities and liabilities on each Party.
These include public liability, professional indemnity and all risks insurances.
In this module we will specifically focus on the Joint Names Policy and the three different insurance options.
Accreditations & CPD
Accreditations & CPD
This course provides structured Continuing Professional Development (CPD). Recognition of CPD is subject to individual professional body requirements and the learner’s role. This course is not formally accredited unless explicitly stated.
Suitable for CPD requirements of RICS, CIOB, ICE, and CICES members.
Learning Outcomes
Learning Outcomes
After completing this module, you should:
• Understand what a Joint Names Policy is
• Know what All Risk Insurance is required by the JCT 2024
• Be able to explain the three insurance Options
• Know how loss or damage for an insured risk is dealt with.
About the Author
About the Author
This course is produced by Built Intelligence, in association with Michael Bennett.
Michael is a solicitor and adjudicator with over 15 years of experience. He specialises in engineering and construction disputes, with a particular focus on highly technical matters and has advised on projects across almost every sector, including power, rail, road, pharmaceutical, oil and coastal defence.
