As a single, comprehensive and flexible coverage form, Cornerstone Complete replaces three separate builders risk products and aims to be more responsive to the insurance needs of the construction industry. The company said Cornerstone Complete is well suited for project-specific insurance or as a broader blanket policy that includes multiple projects for a builder or developer.

Cornerstone Complete enhances Property & Inland Marine’s prior builders’ risk coverages with broader definitions of covered property, along with various valuation options. In addition to the primary coverage, 23 additional coverages are included. These can respond to potentially overlooked exposures that may not be addressed in other forms unless specifically requested or endorsed. Default limits for the additional coverages will vary based on the size of the covered project but can be modified to meet the specific needs of insureds.