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Large Construction Wrap-Up Programs
Guidelines/Submission Requirements
A wrap-up is an insurance program where the controlling entity (usually the owner or general contractor), purchases insurance on behalf of all trades working on a job site. The job-specific policy runs for the duration of the project, and can cover WC and GL under a master contract. All carriers are A rated.
Advantages
No difference in insurance coverage and limits among all of the participants;
Owner/general contractor is assured no uninsured workers are on the job;
Budgeting is clear-cut; the insurance cost is assessed consistently;
Carrier provides loss control and claim services to the insured’s specifications, ensuring effective overall management.
Guidelines and Submission Requirements
Contractor and Owner Controlled Insurance Programs (
Minimum Construction Project Volume: $150,000,000
).
Click here for Contractor and Owner Controlled Insurance Program Details
Maintenance or Capital Improvement Wrap-Up Programs (
Minimum Volume Per Year: $50,000,000), Minimum Duration: 5 years.
Click Here for Maintenance or Capital Improvement Wrap-Up Details
Have a Project?
Send a description to
info@firstchoiceii.com.
We’ll schedule a conversation on how to get started, work with you to conduct a feasibility study and provide an innovative solution for your clients' large construction projects.
Please send all information and questions to
info@firstchoiceii.com.
Thanks from your friends at First Choice.
www.firstchoiceii.com
Not appointed with First Choice? Send
Producer Agreement
along with copy of your W-9, state license and E&O to
info@firstchoiceii.com