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METROPOLITAN WASHINGTON AIRPORTS AUTHORITY Owner Controlled Wrap-Up Insurance Program Manual APRIL 2003 EDITION METROPOLITAN WASHINGTON AIRPORTS AUTHORITY Owner Controlled Wrap-Up Insurance Program
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What is wrap-up insurance - aci-na?
Wrap-up insurance, also known as Controlled Insurance Program (CIP), is a type of insurance policy that provides consolidated coverage for all parties involved in a construction project. This includes general contractors, subcontractors, and owners.
Who is required to file wrap-up insurance - aci-na?
Typically, the general contractor is responsible for obtaining and filing wrap-up insurance for a construction project under aci-na guidelines.
How to fill out wrap-up insurance - aci-na?
To fill out wrap-up insurance under aci-na guidelines, the general contractor must gather information about all subcontractors, project details, and coverage requirements. The application must be completed accurately and submitted to the appropriate parties.
What is the purpose of wrap-up insurance - aci-na?
The purpose of wrap-up insurance in the aci-na context is to streamline insurance coverage for all parties involved in a construction project, minimize disputes over coverage, and provide cost-effective insurance solutions.
What information must be reported on wrap-up insurance - aci-na?
The wrap-up insurance application must include details about the project, all subcontractors involved, coverage limits, premium amounts, and any specific requirements outlined by the aci-na guidelines.
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