Cover the cost of Remedying & Rectifying Damage

28 January 2015

Latent defects insurance (LDI) is a type of insurance that provides cover for the cost of remedying and rectifying damage arising out of latent or inherent defects.

Latent defects are normally defined as faults in the design, workmanship, materials, supervision, construction, installation or site preparation of a new building that remain undiscovered at the date of practical completion, but come  to light afterwards by virtue of physical damage, and are of a type that could not reasonably have been revealed by the insured.

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For further information, please contact Naresh Dade, Account Executive, Construction on +44 (0)20 7528 4776