Wrap-up Insurance Programs for Construction Projects

By Axis Marketing

Large-scale construction projects come with a large variety of risks given the amount of parties involved in the process. To simplify your insurance coverage it is important to look into wrap-up insurance programs which allow all parties to fall under the same insurance policy.

This whitepaper discusses the following:

  • What is wrap-up liability insurance.
    • Owner controlled insurance programs.
    • Contractor controlled insurance programs. 
  • What type of coverage do wrap-up programs provide.
    • Employers liability, general liability, excess liability and more. 
  • Benefits of wrap-up programs.
    • Cost savings.
    • Consolidated coverage.
    • Higher limits.
    • Centralized safety and risk management.
    • Efficient claims processing.
    • Reduced disputes among insured parties
    • Access to projects.
  • Potential drawbacks.
    • Can be expensive to obtain.
    • Administrative tasks.
    • Subject to market fluctuations.

Find Out More:

Download our “Wrap-up Insurance Programs for Construction Projects" white paper to learn more. 

Download Here


Tags: Construction, Contractors & Real Estate

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