Abstract
Sustainable Construction projects are precarious by nature and a lot of accidents occur in the process and therefore there is a need for insurance policies. The purpose of this study is to appraise the level of awareness and adoption of insurance policies on the sustainability of construction projects in Nigeria. The objective of the study is to examine the various insurance policies available to sustainable Construction Projects. This study was achieved through a questionnaire survey method that was self-administered to Professional in the construction industry; insurer and Client Representatives, the data collected were analyzed using statistical software (SPSS 23.0) Statistical Package for Social Sciences which encompasses tool such as mean, frequency, percentile, standard deviation and ranking. The findings of the study indicate the types of insurance policies available to construction industry, concluded that Contractors’ All Risks (CAR) insurance is an all-inclusive insurance cover used in construction contracts, most effective and adopted and it has been realized that the risk involved in engaging insurance policies are numerous. Thus, insurance policies have positive impacts highly beneficent to the performance of construction projects.
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Oke, A., Ijieh, O., Ogunniyi, O. (2021). An Appraisal of the Level of Awareness and Adoption of Insurance Policies for Sustainable Construction. In: Howlett, R.J., Littlewood, J.R., Jain, L.C. (eds) Emerging Research in Sustainable Energy and Buildings for a Low-Carbon Future. Advances in Sustainability Science and Technology. Springer, Singapore. https://doi.org/10.1007/978-981-15-8775-7_13
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DOI: https://doi.org/10.1007/978-981-15-8775-7_13
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