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Wrap-Up Liability

Learn more about this coverage.

Dozens of exposures. One comprehensive coverage.

Victor’s Wrap-Up Liability insurance protects the team involved in a construction project, such as owners, developers, engineers, architects, project managers and contractors, against third party and general liability exposures associated with their project – all with one policy for the project.

The following provides an example of those eligible for this coverage:

  • Owners and developers
  • General contractors
  • Project managers
  • Architects
  • Engineers

Coverage is available for the following types of projects:

  • Most building project types of fire resistive, non-combustible or masonry construction
  • Civil works projects involving construction of bridges, dams, sewers and watermains, etc.

  • Policy form – occurrence
  • Policy period – usually for the full duration of the project. A specific period of Products and Completed Operations coverage applies thereafter, usually for a maximum of 24 months
  • Capacity – limits up to $15,000,000 for projects in Canada valued up to $250,000,000; With respect to Products and Completed Operations, the limit of insurance is dedicated to the project and applies on the basis of an annual aggregate limit
  • Minimum premium – $10,000 for a $5,000,000 limit
  • Territory – projects in Canada only

  • Coverage can be tailored to the particular project, insuring all project participants
  • Broad definition of insured
  • Third party exposure coverage for all participants (cross liability clause)
  • Remedial work coverage for 365 days following policy expiry

For standard submissions, please send us:

Please send all this information to submitapps.ca@victorinsurance.com

You can also get a quote for Construction Small Projects using V2, our commercial insurance portal for brokers. Here, you can quote, bind and issue projects that meet the following criteria:

  • Total project cost up to and including $2,000,000
  • The project building is of steel on steel or better construction (note that projects on wood frame buildings are ineligible for coverage)
  • The project duration is no greater than 12 months

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