Spotlight on Construction

Ensuring your clients’ success from the ground up

Rated A+ by Standard and Poor’s and A by A.M. Best

Canada’s construction industry employs over 1.4 million people and is a major contributor to the economy. Faced with an increased need for infrastructure development and with projects becoming more complex, companies are focused on adopting new technologies. The risks facing the industry are quickly changing and the need for a flexible insurance solution has never been greater.

Aviva Enterprise™ insurance offers your clients comprehensive coverage customized to their unique needs so they can build with confidence knowing they’re protected. 

Builder's Risk

Every construction project is unique, which is why Aviva Enterprise™ insurance offers a streamlined insurance solution that’s flexible for projects of all sizes.  Whether they are building commercial, industrial, civil or residential projects, the Aviva Enterprise™ policy combines Builder’s Risk and Wrap Up Liability coverages into one convenient policy to offer full protection of your clients'  physical assets, business income and liability exposures. Coverage can be purchased individually as a standalone product or together in one Property and Casualty policy. 

Customized coverage is available for projects involving new construction, reconstruction, installation and renovation.

Property

Coverage for all property at the project site, including:

  • all materials required 
  • landscaping, growing plants or trees
  • temporary buildings, scaffolding, falsework and hoardings
  • temporary infrastructure during construction
  • project materials while in transit to the site      
  • project materials while in storage at another location, awaiting delivery to the project site
  • all contractors and subcontractors are additional insureds            

Business income

Covers builder’s or owner’s financial loss if the project is not completed on time, due to an insured loss. Available coverages include:

  • soft costs
  • extended business income for delayed start-up
  • extended rental income for delayed start-up

Equipment breakdown

Covers testing and commissioning of normal building systems and equipment intended to service the building, such as:

  • boilers, chillers, pumps, electrical panels, domestic plumbing, sprinkler systems, air conditioning and HVAC systems are covered for mechanical and electrical breakdown

Wrap up liability

Coverage meets the requirements of CCDC and provides comprehensive protection for:

  • project owners, project managers, architectural and engineering consultants and all contractors and subcontractors working on the project

Coverage extends during correction of deficiencies for 365 days and covers third party liability arising from:

  • bodily/mental injury and property damage
  • personal and advertising injury
  • tenant’s property damage 
  • and more

Add even more protection

  • forest fire-fighting expenses
  • coverage for non-owned automobiles
  • residential builder’s risk coverage

Project types

  • civil works - heavy equipment, tunneling or performing bridge and roadwork
  • commercial, industrial and institutional - office buildings, condominiums, schools or hospitals
  • residential construction – for builders, project owners or developers
Single Policy Infographic

Contractors

With protection for your client's physical assets, business income, liability exposures and employees , the Aviva EnterpriseTM policy for contractors is designed to meet the specific needs within many of the industry's trades. Including building contractors, these trades include excavating contractors, road builders, landscapers, and electricians.

Contractor’s equipment

  • including portable equipment and hand and power tools
  • loss of earnings
  • employees’ tools and clothing
  • clean up expenses for land and water pollution
  • contractors’ equipment breakdown
  • rental reimbursement
  • loss of use
  • expediting expense
  • and more

Liability

Coverage to protect your client in case of lawsuits for bodily or mental injury and property damage, personal and advertising injury liability, tenant’s property damage liability and voluntary medical payments. Other coverages* include: 
  • employers’ liability for Canadian resident employees
  • employee benefits errors and omissions (E&O) liability
  • product and work removal expense (rip and tear)
  • coverage for damage to your work in progress
  • contractors’ E&O liability
  • contractors’ pollutionE&O liability
  • wrap up extension for projects requiring coverage for project owners, project managers, architectural and engineering consultants and all contractors and subcontractors working on a project**
  • pesticide applicator’s pollution liability
  • commercial auto***
  • umbrella coverage provides an extra layer of liability coverage in the event of a catastrophic loss
  • and more

Property

If your client owns or rents space in a building, office or workshop, coverage is available for: 

  • their buildings including exterior glass and signs, towers, renewable energy equipment, sewers and
    utilities above and below ground on the premises and more
  • their office contents and equipment, electronic equipment (including laptops) on and off premises
  • accounts receivable 
  • extra and expediting expenses  
  • installation floater
  • privacy breach expenses 
  • and more

 

Equipment breakdown

On your client’s premises, protection for accidents to compressors, heating systems, electrical panels, hoists, mechanical or electrical machines or apparatus, including production machinery. Coverage included:

  • ammonia contamination
  • fluid escape
  • hazardous substances
  • portable objects*
  • loss of income resulting from an equipment breakdown 
  • and more

Business income

Protection for your client’s business income after a loss at their premises until their business returns to normal, including:

  • no dollar limit on loss of business income, extra expenses, or additional time due to bylaw compliance
  • payroll expense coverage  
  • utilities service interruption
  • restricted access
  • negative publicity
  • and more

Crime

A broad range of coverages, including:

  • employee dishonesty 
  • money, securities and other property
  • counterfeit currency and money orders
  • forgery, alteration, credit card and automated teller card
  • electronic fraud and funds-transfer fraud
  • professional fees 
  • incoming cheque forgery  

Add even more protection

  • builder's risk - blanket
  • builder's risk - business income extension

*coverage limited to certain operations

**a separate wrap up policy is available for large, single location projects

***commercial auto is offered on a separate policy

Focus on construction

Looking for resources related to topics of interest within the Canadian construction industry? Our product, risk management and claims experts have come together to offer their insights and knowledge on current trends, risks and prevention tips that are easy to share with your clients, prospects and team. Below is a selection of infographics and articles highlighting what’s currently influencing the industry.

cdc

The 5 most common workplace accidents on construction sites

PDF version

cdc

Storing construction materials and equipment off-site

PDF version

Pros and cons of security cameras on construction sites

PDF version

cdc

Preventing construction accidents when digging underground

PDF version

Theft and vandalism on construction sites

PDF version

Builder’s Risk Insurance – common claims and how to customize your coverage

PDF version

Aviva Business Blog

Running a successful business can be challenging. Your clients can explore our selection of resources to stay informed about industry trends and prevention solutions.

Access blog

Surety solutions for your client's business

Financial security guaranteed to get the job done

Contract Surety

Whether your client's project includes bridge building, sewer, tunneling or hospitals, they can guarantee their commitments with a contract surety bond.

Residential Surety

Aviva has a full suite of surety, home warranty and insurance solutions for your clients' project and business.

Aviva EnterpriseTM products are underwritten by Aviva Insurance Company of Canada.