LABC Latent Gold Commercial Buildings Defects Guarantee

LABC Latent Gold is a unique collaboration between Allianz Global Corporate & Specialty (Allianz), Oval Insurance Broking (Oval), and Local Authority Building Control (LABC) to provide affordable structural defects insurance for commercial buildings up to
£15 million in value.
provides simple, affordable insurance against defective design, workmanship or materials in commercial buildings.
reduces costs and risk in comparison with collateral warranties, providing timely rectification without resorting to lengthy, expensive and uncertain litigation.
helps make commercial buildings 'risk proof' against latent defects which adds value for current/future purchasers and tenants.
benefits from the unique LABC relationship with Allianz which means that no additional surveys on buildings up to £10 million are normally required and reduced inspections up to £15 million.
wide ranging appeal - Almost any commercial property can be
covered including - offices, hotels, restaurants, factories, warehouses, industrial estates, surgeries, schools, shops, sports stadiums, leisure/entertainment facilities, public buildings and many more.

LABC Latent Gold - Commercial Buildings Defects Guarantee: