Liability
- Damage to third parties
- Employers' liability
- Care, custody and control as an extension
Insurance for engineering, manufacturing and construction
Many businesses do these three things at once: make something, install it somewhere and then maintain it: and it is precisely at the transition between those phases that the cover falls away.
- several insurers compared objectively
- 9.5 customer rating for a new policy
- AFM licence 12016589
- Personal 072 - 509 24 56, weekdays 9–17
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Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
- We compare the offerings of several insurers
- An adviser checks whether the cover suits your activities
- We arrange the switch, including cancellation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
- Independent advice
- Several insurers
- Switching arranged
- Help with claims
In brief
A liability claim is assessed not on what you are, but on which phase the work had reached. For as long as you are working, there are works in progress and the loss belongs on a Construction all risks (CAR) or erection insurance. If the work has been completed and something goes wrong afterwards, it is a matter for liability insurance, and then only if the completed work section is included. If you supplied a product instead of carrying out work, the strict liability in Article 6:185 of the Dutch Civil Code applies.
That distinction is not theory. A weld that cracks during assembly, the same weld cracking two years after completion and a batch of ready-made brackets that fail are three different policies. Businesses with one public and employers' liability insurance usually assume all three are covered by it, and that is rarely so.
The key is therefore the description of activities on your policy. That determines what is covered. Anyone who has started installing as well, has begun producing for third parties or has taken on work abroad has to report it. An undeclared activity is a ground for refusal when you claim, and an incorrect declaration when taking out the policy runs into Article 7:928 of the Dutch Civil Code. So go through your activities every year.
Insurance that matches your sector
Every sector carries its own risks. We translate those into cover that genuinely fits what you do day to day, rather than a standard package that just happens to apply to your business too.
SectorsPhoto coming soon
TailoredPhoto coming soon
CoverPhoto coming soon
What does insurance for engineering, manufacturing and construction cover?
The structure of the cover in three parts, with an overview per situation below.
Assets and continuity
Business contents, goods and lost turnover during downtime.
- Business contents at replacement value as new
- Goods at cost price
- Business interruption or additional costs
Staff
Sickness absence, accidents and the traffic risk.
- Continued pay for 104 weeks
- Group personal accident
- WEGAS for traffic risks
What is covered
| Situation | AVB | BAV | Cyber |
|---|---|---|---|
| Injury to a visitor or customer | Yes | No | No |
| Damage to a client's property | Sometimes | No | No |
| Financial loss caused by an advisory or calculation error | No | Yes | No |
| Downtime after a ransomware attack | No | No | Yes |
| Data breach involving personal data | No | Sometimes | Yes |
| Damage to property in your care | No | No | No |
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover. Taking out cover without advice? Then read what execution only means for you.
What does your premium depend on?
- Split across the three activities. Which share of turnover comes from manufacturing, from installation on site and from construction work drives the rate.
- Annual turnover and payroll. Together the basis of calculation. In construction and installation the payroll of the operational staff weighs heaviest.
- Completed work included. The section for damage after completion and the period chosen for it are a separate premium item.
- Amount of care, custody and control cover. Working on existing installations calls for a limit matching the value of what you touch.
- Working with naked flames or at height. Welding, cutting, roof work and working at height increase both the fire and the injury risk.
- Territory and markets. Work or supply outside the Netherlands, and particularly in North America, calls for separate territorial cover.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
- You request a quoteWe take stock of your activities, turnover and wishes.
- We compareseveral insurers, on premium as well as conditions.
- You receive a proposalWith an explanation of the differences and the exclusions.
- We arrange the switchIncluding cancellation, so there is no gap in cover.
Why arrange it through Finass Verzekert?
We look at the terms as well as the premium, and stay your point of contact when there is a claim.
Independent
We are not tied to one insurer and compare on the basis of an objective analysis of several companies.
One fixed adviser
You call or email someone who knows your file. No menu options, no changing call centres.
Switching without hassle
We cancel your old policy and align the start date, so you are never a day without cover.
Help with claims
We report the claim and monitor how it is handled. In urgent cases you can reach us on the emergency line.
9.5New policy
9.8Claims handling
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Where things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
Putting your own work right is never covered
If an installation turns out to be wrongly connected, no liability policy pays for reconnecting it. What can be covered is the consequential loss: the water that damaged a floor because of the mistake, the production that stood still at your client as a result. The line runs between your performance and the damage beyond it. So build the cost of going back, dismantling and redoing into your business risk and not into a sum insured.
In assembly work you work on someone else's property
As soon as you work in an existing factory, machine or installation, you have your client's property in your care. That damage is excluded as standard and requires a care, custody and control clause. The same applies to the pipes, cables and equipment alongside your work area. Determine for each job what you touch and what is around it, and match the care, custody and control cover to that; without that extension a pipe drilled through is entirely for your account.
Calculating and advising is not carrying out work
If, alongside carrying out work, you also supply calculations, designs or engineering advice, loss arises that is not property damage: a structure that has to be redesigned, an installation that does not reach the capacity promised. That is pure financial loss and it falls outside public and employers' liability insurance. For that you need professional indemnity cover. Businesses taking on design and construct work need both policies.
Subcontracting does not move the liability
If you bring in a subcontractor, you remain the one your client turns to; Article 6:171 of the Dutch Civil Code attributes the mistakes of non-subordinates to you. So before work starts, ask for a proof of insurance and check that their sum insured matches your project. If they later rely on their own terms and conditions with a low limit, the difference stays with you, regardless of what you agreed with your own client.
Frequently asked questions
This is what people ask us most.
I manufacture and install. Is one policy enough for that?
Rarely. Damage during the work belongs on a CAR or erection policy, damage after completion on the completed work section of your liability insurance, and damage caused by a product supplied falls under Article 6:185 of the Dutch Civil Code. All three have to appear expressly on your policy. So report every activity you take on, because an undeclared activity is a ground for refusal when you claim.
Will putting my own mistake right be paid for?
No. The cost of going back, dismantling and redoing the work is your own performance and falls outside every liability cover. What can be covered is what that mistake caused to others: water damage to the building, damaged equipment belonging to the client, standstill of their production. The line lies at your own work; everything beyond it is consequential loss.
What happens if I hit a pipe in an existing building?
That is damage to property in your custody, and that category is excluded as standard. It is only covered with a care, custody and control clause of sufficient size. Determine for each job what you touch and what lies immediately around it, and match the limit to that. Also always ask for drawings or a survey before you drill or dig.
Am I liable for my subcontractor's mistake?
Towards your client, in general yes. Article 6:171 of the Dutch Civil Code attributes to you the mistakes of non-subordinates carrying out work in the course of your business. Recovery from the subcontractor is a second process that only starts afterwards. So check their evidence of insurance and sum insured in advance, and record which terms and conditions apply to the subcontract.
Every situation is different. For these situations we have a separate page.
- Business interruption insurance by sectorThe main page
- Insurance for installation and maintenanceCare, custody and control, consequential loss, contracts
- Insurance for the engineering sectorCare, custody and control, work after completion, consequential loss
- Insurance for the rail sectorCertification, taking out of service, consequential loss
- Insurance for the construction sectorCAR, AVB, staff
- Insurance for scaffoldersErection, inspection, use by third parties
- Insurance for personal careTreatments, equipment, complaints
- Insurance for facility servicesCare, custody and control, sites, staff
Read more
Ready to compare?
Request a quote without obligation. We will look at which insurer best matches your activities and your risk.
Prefer to call? 072 - 509 24 56, weekdays 09:00–17:00.
Claim on the road? Emergency line 06 - 55 20 40 72.
About our service
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
This page was compiled by Finass Verzekert (LinkedIn). Last updated on .
The information on this page is general in nature and is not personal advice.