Ai Insurance Organization provides Wrap-Up Liability that is site-specific and will extend to the project owner, project manager, general contractor, and the subcontractors working on behalf of the General Contractor.
A Wrap-up liability insurance policy is much like a Commercial General Liability policy however it has a broader range of coverage as it extends to all contractors and subcontractors working on a project.
The coverage is site-specific and will extend to the project owner, project manager, general contractor, and the subcontractors working on behalf of the General Contractor.
Wrap-Up Liability offers project-specific coverage for Third-Party Personal Injury, Third Party Property Damage, and Personal Injury.
The advantage to a Wrap-Up Liability coverage is that all of the members of a construction project are covered under one policy.
The further advantage for a General Contractor or Construction company is that they can purchase a Wrap-up Liability policy and it will not affect their company’s General Liability Policy. The policy will act as a protection to keep their company’s General Liability Policy clear of claims or losses. This is especially helpful if there is a higher risk with a certain project.
We pride ourselves on being a leading insurance broker in Canada. We are the Builders Risk Insurance Experts.
We provide expert counsel and years of industry experience to negotiate fast approvals for the clients we serve.
We have developed tailored insurance packages that take into account new trends in home renovations.