35

Which of the following does the insurance which a home builder must purchase under the domestic building legislation in South Australia not cover?

a.

Losses to homeowners for financial loss caused by the builder not being able to complete the works b.

Losses to homeowners for financial loss caused by the builder not being able to meet a valid claim for defective work c.

Losses to homeowners for financial loss caused by the builder completing the works late d.

Losses to homeowners for financial loss caused by the builder's death or insolvency