Decennial liability

Decennial liability insurance or "Inherent Defect Insurance" is insurance that is taken out (by the contractor or principal) to cover costs associated with the potential collapse of the building after completion. ^[1]

3 relations: Civil code, Insurance, Strict liability.

Civil code

A civil code is a systematic collection of laws designed to deal with the core areas of private law such as for dealing with business and negligence lawsuits and practices.

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Insurance

Insurance is a means of protection from financial loss.

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Strict liability

In criminal and civil law, strict liability is a standard of liability under which a person is legally responsible for the consequences flowing from an activity even in the absence of fault or criminal intent on the part of the defendant.

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Redirects here:

Devis garantie decennale.

References

[1] https://en.wikipedia.org/wiki/Decennial_liability

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