This is a policy that packages general liability and commercial property insurance together. What makes it attractive is that it’s cheaper to buy a BOP than to buy the policies separately. Unless your construction company has very specific risks, you should be able to qualify for a BOP, whic...
Shusterman,Richard M. Liability insurance coverage for construction defect claims[J].FICC Quarterly,2005,(04):493-534.Shusterman,Richard M.Liability insurance coverage for construction defect cla...
This seminar provides essential knowledge for assessing liability and risks in construction. Topics include liability bases, risk presentation, communication, claims handling, insurance law basics, and technical aspects. Practical scenarios and solutions are discussed to enhance understanding. 나열된 ...
Construction business is a very demanding and aggressive industry where the risks of injuries and accidents are very high, and for protection from these risks, you will need to have the right kind of insurance. There are different kinds of insurance that are required by the contractor company, ...
if you are a service provider, coverage is a necessary and useful tool available in the professional toolbox. As a service to strengthen the assets and financial resources of a limited liability company, the Chicago Insurance Company is still an essential form of protection, and its importance ...
“wrap-up”)provides liability coverage for an entire construction project or multiple jobs. Because it covers everyone on the job, contractors and subs may not need to provide their own general liability coverage. The policy can be written to include both general liability and workers compensation...
Faithfully yours, Contractor 第三节 FIDIC合同条件中的相关条款 (Relevant Provisions in FIDIC Conditions of Contract for Construction) 一、通用条件 (General Conditions) 18.1 有关保险的一般要求 (General Requirements for Insurances) ·保险方,投保方 the insuring Party ·effect insurance 办理保险 ·办理(...
Whether you own a small, medium, or large construction company, it is essential that you abide by the laws of the state, and for this, you will need to have contractor insurance. This is especially important because the right kind of insurance policy will protect your business finances so ...
In most cases, construction companies have administrative offices housed in a single, permanent location, while the work they do is done off-site and at various locations. This makes for some unique coverage needs that go beyond the general liability and property damage coverage that is part of...
3. Paying premium. The part-time agent sends the proposal form to the insurance company who will issue the formal policy and notify the bank to charge the premium. As for the long-term life insurance products that need to be paid by installments, the client needs to sign a deposit agreeme...