In a progressive move to protect both the customer and readymix supplier, the Southern Africa Readymix Association (SARMA), has recently worked with insurance role players to provide specialist indemnity insurance that provides both parties with peace of mind in the event of concrete failure.
The policy is only available to Sarma members and is offered by construction insurance specialists, CivilSure.
Unforeseen failures
Although concrete failures can occur as a result of unforeseen circumstances, underwriters of the policy are satisfied that strict quality standards applied to Sarma members which are audited annually, and the generally high standard of Sarma compliance is sufficient reason to provide this type of insurance to Sarma members only.
“If a person orders concrete suitable for building a swimming pool, but when it cures is found to be unsuitable, then the insurance will pay for the repair or removal of the failed concrete and pay for the replacement of a new structure if required.
The policy therefore provides recourse for the user, as well as providing the supplier with a means of guaranteeing their work.
“The policy will pay out up to R10-million in the event that the professional member of Sarma undertook their duties in accordance with the prescribed best practices as outlined by Sarma.
Claims for injury or damage will also be covered and additional extensions may be made to cover the readymix plant’s actual equipment against breakdowns, as well as certain legal defences and consequential loss etc,” says CivilSure’s Dan Payton.
More cover
Additional fleet insurance packages are also being made available to Sarma members.
Johan van Wyk, general manager of Sarma said: “This type of cover has been very difficult to obtain and not affordable, however the insurance company has seen that the codes of conduct of Sarma warrant that this cover can be provided at a reasonable premium due!”
More information from Johan van Wyk, Tel: (011)7913327, Fax: 0866478034, Email: johan@sarma.co.za/Web: www.sarma.co.za
