19Time for making claim

19 Time for making claim (1) A beneficiary who makes a claim under a policy in relation to the non-completion of guaranteed work must give the insurer a written claim within the cover period relevant to the claim. (2) A beneficiary who makes a claim under a policy in relation to defective guaranteed work must give the insurer a written claim: (a) within the cover period relevant to the claim; and (b) within 90 days after the later of the following: (i) the day on which the beneficiary became aware, or could reasonably be expected to have become aware, of the defective guaranteed work; (ii) the day on which an event mentioned in section 54C(b) of the Act occurred in relation to the builder responsible for the defective guaranteed work. (3) For subregulation (2), if the later of the days mentioned in subregulation (2)(b) falls within 90 days before the end of the cover period, the cover period is extended for 90 days after that day.