Simplify Your Construction Project Insurance with a CCIP/OCIP
What is a CCIP/OCIP?
A CCIP/OCIP is a type of insurance program with the key trigger being who purchases and is responsible for controlling/managing the insurance coverage for a given construction project where the specific insurance coverage that's purchased covers most all of the project's contractors (with certain exceptions in some cases) all under a single policy. CCIP stands for contractor controlled insurance program whereby the general contractor purchases and manages the specified insurance and OCIP being owner controlled insurance program whereby the project owner performs the same function as the GC if the project owner purchases the specified policy.
More to come on this topic in future blogs. Stay tuned!