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How to fill out the SA - Builders Warranty Insurance Review Application Form online
Filling out the SA - Builders Warranty Insurance Review Application Form is an essential process for builders seeking to amend or update their eligibility for insurance. This guide provides step-by-step instructions to help you complete the form accurately and efficiently online.
Follow the steps to successfully complete the application form.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Provide the general business information in Section 1, including the name of the business, trading name, type of business, and various contact details.
- In Section 2, fill out the maximum annual construction limit, detailing both existing and required turnover limits. Be ready to submit financial documentation as needed.
- Complete Section 3 with a statement of personal assets and liabilities, ensuring that all applicable individuals provide their assets and values.
- Answer the questions in Section 4 regarding your business and personal background. Be truthful, as these responses can significantly impact your application.
- In Section 5, complete the work in progress status report for all active projects, ensuring you provide accurate contract information and completion status.
- Review Section 6, the checklist, to ensure you have attached all necessary documents such as financial statements, licenses, and tax returns.
- Finally, complete Section 7 by signing the applicant's declaration. Ensure the required signatures are present before proceeding.
- Once all sections are filled out accurately, you may save your changes, download the form, print it, or share it as required.
Start completing your SA - Builders Warranty Insurance Review Application Form online today.
The figures are $20,000 in NSW and WA, $16,000 in Victoria and $3300 in Queensland. The premiums (generally somewhere between 0.5% and 1% of the contract value) are added by the builder to the homeowner's costs, so you end up paying for nothing if the builder simply refuses to come back and fix the problem.
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