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Owner Controlled Insurance Program (CCIP) BROWARD COUNTY CCIP Insurance Manual Broward County, Florida Owner Controlled Insurance Program CCIP Manual 11/16/2010 Rev. 0008 08/16/2013 OWNER CONTROLLED
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What is insurance program ocip?
An Owner Controlled Insurance Program (OCIP) is a type of insurance policy that provides coverage for all contractors and subcontractors working on a specific construction project.
Who is required to file insurance program ocip?
The project owner or developer is typically required to file an OCIP to ensure all workers on the project are covered by insurance.
How to fill out insurance program ocip?
To fill out an OCIP, the project owner must work with an insurance broker to determine the coverage needed for the project and enroll all contractors and subcontractors.
What is the purpose of insurance program ocip?
The purpose of an OCIP is to centralize insurance coverage for all parties involved in a construction project, providing a cost-effective and streamlined solution.
What information must be reported on insurance program ocip?
Information such as project details, contractor information, insurance coverage requirements, and enrollment status must be reported on an OCIP.
When is the deadline to file insurance program ocip in 2023?
The deadline to file an OCIP in 2023 will vary depending on the specific project and insurance provider. It is important to consult with the insurance broker for specific deadline information.
What is the penalty for the late filing of insurance program ocip?
The penalty for late filing of an OCIP may result in delayed coverage for contractors and subcontractors, potential project delays, and increased insurance costs.
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