Latent Defects Insurance made simple - busting the jargon. In the complex world of property development, understanding insurance is crucial. As part of the Financial Conduct Authority (FCA) regulations, insurance brokers are required to communicate in plain language, ensuring that you fully grasp the details of your coverage without being bogged down by industry jargon. When it comes to Latent Defects Insurance (LDI), also commonly referred to as a Building Warranty, the stakes can be particularly high, and understanding the terms insurers and brokers use is essential to making sure the given project has the correct cover. Whether you’re an experienced developer familiar with these policies or a new development manager just stepping into the role, it’s crucial to know what terms mean and how they can impact your project. To assist your understanding @Antoni J Kaminski has created this simple, specialised jargon-busting guide tailored specifically for LDI aka building warranties.

Posted by Bridge Insurance Brokers at 2025-07-08 08:33:51 UTC