Insurance for Cement Contractors
Cement manufacturing involves several processes. First, the cement operation needs raw materials. Many operations own their quarries and mine their own materials; others can import from other operations. Raw material is mined from the quarry operation, run through several crushing and mixing operations to mix the proper proportions of materials, baked in a kiln (either dry or wet), mixed to proper proportions with gypsum, and ground to a final powder.
At Business Insurance Service, we understand not just the insurance industry, but the commercial sector too. Our brokers have years of experience and expertise in finding tradespeople from across all disciplines the right kind of Contractors’ All Risks and Contract Works insurance cover for tradespeople, giving both sole traders, SMEs, and large building contractors the protection they need.
What Insurance does an Cement Contractor need?
There are certain liability insurance covers that every trades and construction company should have, or are legally required to have. Tradespeople insurance policies provide you with essential covers, such as Public Liability, Employers Liability, Contract Works and Tool Cover.
Minimum recommended cover on a Contractors or Commercial Combined policy would include Machinery and Contents, Employee Dishonesty, Book Debts, Contractors Plant and Equipment, Contract Works, Goods in Transit, Public/Product Liability, Employers’ Liability
Other covers to consider could be Buildings, Business Interruption with Increased Expenditure, Computers, Employment Practices Liability, Environmental Impairment Liability, Excess of Loss/Difference in Cover Liability, Commercial Vehicle or Motor Fleet.
Property exposure comes from the large amount of fuels on hand to run the machinery and fuel the kilns. The machinery itself is another source of fire, as it is huge and conveys heavy loads, so maintenance is critical. Wear and tear and overheating are potential fire hazards. If the manufacturing operation has a quarry and does blasting, then theft and fire associated with explosives must be considered and controlled.
Premises liability is high. The mounds of sand and gravel can be seen for a distance and can become a hazard. Premises need to be fenced and monitored.
Products liability varies by the end use of the product and any special specifications made. Most product end use produces very low liability potential. However, if use is for fire resistance and the mix is made for the customer, the exposure is higher.
Environmental impairment of the actual manufacturing operation is low to moderate, but the exposure of the quarry may be high, and reclamation procedures should be in place to control the impact of the mining operation.
Commercial Vehicle / Motor Fleet
Motor vehicle exposure depends on whether there is delivery of ready-made concrete. The concrete mixers are extremely heavy and subject to turnovers. Drivers must be well trained with excellent driving records. The wear and tear on these vehicles is substantial; therefore, regular maintenance is vital.
Employers’ liability exposures are moderate if there is no quarry and high if there is a quarry. While most of the manufacturing processes are automated, exposure exists in the maintenance and fuelling of machinery. Lifting exposures can also exist. Exposures to dust, which may cause skin, eye, and respiratory irritations, are possible. Although the dust from this type of operation is thought to be nontoxic, exposure still exists.
What other risks does an Cement Contractor face?
While the proper risk management practices can reduce certain exposures, no system is 100 per cent effective in ensuring an incident-free workplace. As a result, it’s all the more crucial to work with a qualified insurance broker to not only assess your exposures, but secure the appropriate cover as well. To learn more, contact Business Insurance Service today.
Environmental Exposures: Cement Manufacturing Facilities
Identify the most common environmental and regulatory exposures encountered at cement manufacturing facilities.
How can Business Insurance Service help Cement Contractors?
Whether you’re a sole trader or a small to large company, your insurance portfolio has to be up to date and provide you and your business with the right level of protection.
We’re members of the British Insurance Brokers Association (BIBA) and work with some of the largest and best-known insurance providers in the UK, including Lloyds of London for larger, more complex and high-risk customers. We’re fully regulated and committed to delivering a premium quality, trustworthy and reliable service to all our customers, regardless of size.
As preferred brokers working with some of the largest insurance providers in the UK, we have immediate access to a huge range of policies for businesses, tradespeople and construction companies. We provide our customers with a bespoke or package service, creating insurance portfolios that are specifically tailored to your individual needs, and your budget.