article thumbnail

Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors. What is subcontractor default insurance? How SubGuard insurance works.

article thumbnail

Coronavirus and travel: Can you get a refund and how do flight and travel credits and vouchers work?

Construction Test

Although we are now banned from travelling out of Australia except for emergencies, many travellers now find ourselves on an unknown path through unfamiliar territory. Millions of Australians, myself included, have booked and paid for overseas travel in the next few months. Refunds, vouchers and cancellations.

Travel 26
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Traveller Letters: We need to get rid of economy class for good

Construction Test

Economy class travel should be dumped in light of the coronavirus pandemic. It states: “Any travel insurance policy purchased after coronavirus became a ‘known’ event in late January will not cover you for any delays, disruptions, cancellations or sickness that you may suffer as a result of coronavirus. .”

Travel 26
article thumbnail

Coronavirus and travel: How we will know when it’s OK to travel again

Construction Test

How will we know when it’s okay to travel again? On March 24, 2020, Prime Minister Scott Morrison announced a ban on Australians travelling overseas under the Biosecurity Act 2015. The has the latest information regarding overseas travel for Australians. When travel insurance offers total peace of mind.

Travel 26
article thumbnail

Top 2023 Security Trends For Construction Site Security

Construction Marketing

This means that should your security staff be running errands on-site or off-site, they will likely miss any security events detected on your security camera systems, making them less likely to spot and resolve a security threat in time. You can implement RFID tracking to make the equipment logging process more accurate and efficient.

Security 282
article thumbnail

Traveller letters: Why should we pay 50 per cent more to have middle seats kept empty?

Construction Test

However, I’m not finding that to be the case with travel insurance. But given the circumstances, travel insurers should give credit for the unused portion of a policy, or enable people to freeze a policy, so they can continue travelling when conditions change. IAG is one insurer I know that has stepped up.

Travel 26
article thumbnail

Unlock New Potential—Can Multifamily Pop-Up Hotel Concepts Transform Lease-Ups?

BD+C

On the other hand, we have smaller, more intimate events like Industry Summits. While they certainly don’t come with all the pomp and circumstance of a national show, and you're not likely to see a big-name band headlining the closing party, these events are treasure troves of industry knowledge.

Leases 52