LABC Latent Gold is a structural defects insurance for commercial buildings up to £15 million in value and by arrangement for buildings valued over £15 million. It is delivered by LABC via local authority building control departments in partnership with Oval Insurance Broking, with Allianz Global Corporate and Speciality (Allianz) as underwriters. LABC Latent Gold provides a low cost way to avoid the high risks and legal complexities associated with collateral warranties.
Most commercial properties are covered - offices, hotels, restaurants, factories, warehouses, surgeries, schools, shops, sports stadiums and many more. Developers, owners, tenants and other users/occupiers are all insured.
The combined cost of LABC Building Control and LABC Latent Gold will almost always be less than is obtainable from any other provider.
To find out more or obtain a quotation, please visit: www.labcwarranty.co.uk
Tel: 01522 873427