As of 1 July 2018, construction professionals are obliged to insure their liability for ten years, according to the law of 31/05/2017 (Peeters-Borsus Law). Contractors, architects and other service providers in the construction sector are obliged to insure their ten-year civil liability. This is an amendment to the law of 20 February 1939 on the protection of the title and profession of the architect.
EuroCaution has developed a solution that complies with the law and offers the following advantages:
- Best guarantee-to-premium ratio in Belgium
- Underwriting and online management
- A discounted rate if combined with the Breyne Act insurance offered by EuroCaution.