Heading for cover
Hill, C.
Heading for cover - 2002 - Building 267(8243) 19 July 2002, 64(1) .
Reviews a shift towards project insurance as part of an overhaul of the insurance provisions of the JCT standard forms, where rising professional indemnity insurance premiums are adding to consultants' costs. This was recently highlighted as an anomaly in "Co-operative Retail Services Ltd v Taylor Young Partnership" [2002]. Recommendations are for a move towards 'whole-life' insurance that would cover the first 35 years of a building's life, thus bypassing the need for many types of insurance.
PROFESSIONAL INDEMNITY COVER
CO-OPERATIVE RETAIL SERVICES LTD V TAYLOR YOUNG PARTNERSHIP
PROJECT INSURANCE
JCT STANDARD FORM
LATENT DEFECTS INSURANCE
Heading for cover - 2002 - Building 267(8243) 19 July 2002, 64(1) .
Reviews a shift towards project insurance as part of an overhaul of the insurance provisions of the JCT standard forms, where rising professional indemnity insurance premiums are adding to consultants' costs. This was recently highlighted as an anomaly in "Co-operative Retail Services Ltd v Taylor Young Partnership" [2002]. Recommendations are for a move towards 'whole-life' insurance that would cover the first 35 years of a building's life, thus bypassing the need for many types of insurance.
PROFESSIONAL INDEMNITY COVER
CO-OPERATIVE RETAIL SERVICES LTD V TAYLOR YOUNG PARTNERSHIP
PROJECT INSURANCE
JCT STANDARD FORM
LATENT DEFECTS INSURANCE