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Get Latent Defects Application Form - Aviva Broker
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How to fill out the Latent Defects Application Form - Aviva Broker online
Completing the Latent Defects Application Form online can be a straightforward process when you have a clear understanding of each section. This guide provides detailed, step-by-step instructions to ensure you fill out the form accurately and efficiently.
Follow the steps to complete your Latent Defects Application Form online.
- Click the ‘Get Form’ button to access the application form and open it in your preferred format.
- Begin filling in the 'Name of Proposer' section, providing your full name along with the 'Postal Address' and 'Postcode'. Include your 'Fax Number', 'Telephone Number', and 'Email' for contact purposes.
- Under 'The Premises to be Insured', detail the 'Location' of the premises and indicate if there are multiple buildings by attaching a site plan. Fill in the 'Proposed usage of Premises' and disclose any factors that may affect risk acceptance, such as land conditions.
- In the 'Description of Structure' section, provide detailed information about the building, including the number of stories, height, foundation type, frame type, roofing materials, and other structural features.
- If applicable, describe any existing structures being included in this application. If you are not the owner of the premises, identify the owner and what your insurable interest is in the property.
- Proceed to the 'The Contract' section where you need to specify the type of works contract, confirm if it is a design and build contract, and provide the estimated reinstatement value and total contract value.
- Detail the breakdown of contract value, including structural works, non-structural works, external works, and the cost for debris removal and demolition.
- Fill in the expected durations, including site clearance and practical completion dates in months, as well as the start date for construction.
- In 'The Parties of Contract' section, list out the names and contact details of the architect, consulting engineer, and main contractor. Include any financial relationships and confirm if contracts are under seal or if collateral warranties will be in place.
- Indicate if you will be waiving your rights of redress against any party involved.
- Review the coverage details provided, ensuring you understand the terms regarding the period of cover, initial sum insured, and conditions relating to water ingress.
- Complete the 'Declaration' at the end of the form, signing it and providing your position in the company along with the date.
- Finally, save your changes, and take the option to download, print, or share the completed application form. Ensure you send it to the appropriate underwriter.
Ensure you follow these steps carefully and complete your Latent Defects Application Form online today to facilitate your application process.
What is Latent Defects Insurance? Latent defects insurance (also commonly referred to as a structural warranty) is a form of insurance that primarily provides indemnity against the costs incurred in rectifying defects that manifest within the structure after practical completion.
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