Decennial liability

{
  "id": "MLC-T-INS-001086",
  "term": "Decennial liability",
  "field": "Insurance and risk management",
  "definition": "A legal principle, particularly in civil law jurisdictions, that holds contractors, architects, and engineers liable for severe defects in construction projects that compromise the stability or safety of a building for a period of ten years after completion. This liability is often mandatory and cannot be waived, requiring specific insurance coverage. It protects owners against major structural failures.",
  "url": "https://mlchart.com/terminology/insurance/decennial-liability/"
}