Risk Calculators | Master Builders Insurance Brokers
Knowing if you need cover is complicated.
Although we have created the following online risk calculators to help you make informed decisions, nothing compares to a chat with your broker to discuss you individual circumstances.
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Risk CalculatorDo you need a single or annual Contract Works policy? |
Are you a registered builder?
Yes
No
Are you likely to work on more than one project within the next twelve months?
Yes
No
Are you likely to engage in further contracts once this current project is completed?
Yes
No
Will this one project take longer to complete than twelve months?
Yes
No
Do you require ongoing Products Liability cover (cover for your completed project) once the project is complete?
Yes
No
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Risk CalculatorDo you need pre-existing structure cover? |
It seems you might need pre-existing structure cover.
Please contact one of our brokers for a quote or click here for more information.
It doesn’t seem as if you require pre-existing structure cover at this time.
However it is important to always discuss with the homeowner who is covering the pre-existing property in any renovation/extension. Click here for more information.
Please contact one of our brokers if you would like to discuss your individual circumstances further.
Does your contract involve extension/renovation of an existing building?
Yes
No
Does your contract with the homeowner state that it is your responsibility to insure the pre-existing structure?
Yes
No
Has the homeowners current insurer advised that they cannot continue to insure the home during the renovation/extension?
Yes
No
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Risk CalculatorDo you need Professional Indemnity Insurance? |
Did you require any study or formal education for the work you perform?
Yes
No
Does your occupation adhere to any regulation or sets standards? For example, the Australian Institute of Architects or Australian Institute of Building Surveyors
Yes
No
Do you engage a professional for any construction design or planning i.e. draftsperson, architect or engineer?
Yes
No
Seems like you require Professional Indemnity Insurance.
You can submit a quote request online:
Seems like you require Professional Indemnity Insurance and Design & Construct Professional Indemnity Insurance.
Please contact your broker if you would like to discuss your individual circumstances further.
Seems like you may not require Professional Indemnity Insurance at this time.
If you're unsure, we would suggest a chat with your broker to discuss your individual circumstances.
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Risk CalculatorDo you need Cyber Insurance? |
Would your business not be able to operate without access to your IT systems?
Yes
No
Do you store sensitive data on your system such as intellectual property or financial reports?
Yes
No
Does your organisation use the cloud to store information?
Yes
No
Do employees take company owned devices (such as laptops, mobile phones, tablets and USB drives) out of the office?
Yes
No
Do you, or any other member of staff, use computers or mobile devices to access bank accounts or transfer money?
Yes
No
Seems like you may not require Cyber Insurance at this time.
If you're unsure, we would suggest a chat with your broker to discuss your individual circumstances.
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