INSURANCE THAT GUARANTEES QUALITY

Latent Defects Insurance (LDI) provides cover in the event of an inherent defect in the design, workmanship, or materials of a building that result in physical loss or damage, including repairs or replacements up to the insured amount, typically the full reinstatement value. This coverage ensures the property has no major defects at completion, verified by the Technical Inspection Services (TIS) program. Participation in TIS, which involves independent third-party monitoring during construction, is mandatory for obtaining LDI.