General Contractor License - Application - Chicago
Prior to the issuance of a general contractor license, each applicant shall furnish a certificate of insurance, issued by an insurer authorized to insure in Illinois, with a credit rating of B+ or higher by A.M. Best Company, evidencing commercial general liability insurance, as follows: ... Read More
ADDITIONAL INSURED AND CONTRACTUAL LIABILITY COVERAGE What ...
Price. The general contractor may require that the subcontractor procure not only contractual liability coverage to secure the indemnity obligations, but also add the general contractor as an additional insured to the subcontractor's general liability policy – a "belt and suspenders" approach to risk allocation. ... Fetch Content
Construction Contract Insurance, Indemnification And ...
§ 11.1.1 The Contractor shall purchase from and maintain in a company or companies lawfully authorized to do business in the jurisdiction in which the Project is located such insurance as will protect the Contractor from claims set forth below which may arise out of or result from the Contractor’s operations ... Fetch Document
Guide To Professional Liability - Professionals Australia
Thus seeking to transfer the liability to the contractor. Key issues to be considered for principals and contractors when seeking to engage with each other include: • Does the principal want to have one insurance policy that covers the contractor as well? If so, the insurance will need to specifically name the contractor as an insured. ... Content Retrieval
Insurance Req Contractors - California State University, Fresno
(a) Comprehensive or Commercial Form General Liability Insurance, on an occurrence basis, covering work done or to be done by or on behalf of the Contractor and providing insurance for bodily injury, personal injury, property damage, and contractual liability. ... Document Viewer
PREMIUM AUDIT GUIDE - Frankenmuth Insurance: Business, Auto ...
Entire job for an insured. The individual must carry valid General Liability and/or Workers’ Compensation coverage or prove he or she is an independent contractor. Independent Contractor A type of subcontractor. An independent contractor is a person or business which ... View Document
Wisconsin Consumer's Guide To Commercial Liability Insurance
This publication provides basic information on commercial liability insurance. The information includes a description of commercial liability insurance, how you should shop for this insurance, and your legal protections as a Wisconsin insurance consumer. For more detailed and complete information on commercial liability insurance, you may wish ... Get Doc
16 A AI Coverage Additional But No Less Important
A plant owner brought a declaratory judgment action against a contractor’s liability insurance carrier to establish coverage as an additional insured for a suit brought against it by the contractor’s employee for injuries he sustained on the job site. ... Fetch Content
Occupiers' liability In English Law - Wikipedia
Occupiers' liability is a field of tort law, codified in statute, which concerns the duty of care owed by those who occupy real property, through ownership or lease, to people who visit or trespass. It deals with liability that may arise from accidents caused by the defective or dangerous condition of the premises. ... Read Article
Procedures Manual For Insurance Requirements In Contracts And ...
Procedures Manual For Insurance Requirements In Contracts And vendor should be considered as a contractor for the purpose of insurance requirements and the broader language of Exhibit A should be used. general liability. 2. ... Fetch Doc
Behavioral Control - Internal Revenue Service
Deciding how much inventory to carry or whether to buy or lease equipment. Relationship of the Parties Example: Bill signed a contract with Elm Company to roof a housing complex. The signed contract states a flat fee for the job. Bill is a licensed roofer and carries worker’s compensation and liability insurance in his business name, Bill’s ... Get Content Here
Taking The Mystery Out Of OCIP And CCIP Insurance
Taking the Mystery Out of OCIP and CCIP Insurance Inadequate contractor insurance Certificate of insurance for general and excess liability Workers compensation policy binder Workers compensation policy after issuance ... Read Here
Colorado Construction Defect Law - Civil Litigation Attorney ...
The general contractor to the general public. 2.2 General Contractor / Custom Builder A general contractor of a custom home has different liabilities from that of a builder-vendor because construction is built pursuant to a set of plans drafted by design professionals engaged either by the general contractor or the owner. ... View This Document
What Is General Liability Insurance? : Liability Insurance ...
General liability insurance is protection for a business from liability. Find out about general liability insurance with help from an experienced insurance professional in this free video clip ... View Video
The Premium Audit Process - Overland Solutions, Inc.
Certificate of WC and/or General Liability Insurance for all subcontractors Benefit Plan information such as cafeteria or 401(k) plan wages Overtime wages summarized by classification List of clerical employees and duties Other miscellaneous business records The Premium Audit Process ... Fetch Full Source
Structuring Construction Contract Insurance, Indemnification ...
CONSTRUCTION CONTRACT INSURANCE, INDEMNIFICATION AND LIMITATION ON LIABILITY CLAUSES By .8 Claims involving contractual liability insurance applicable to the Contractor’s obligations under Contract requiring that general contractor be added as additional insured. ... View Doc
A BUSINESS OWNERS GUIDE TO COMMERCIAL INSURANCE
Than a personal automobile liability insurance policy. For example, a typical commercial auto policy may have a liability limit of $1 million. A commercial auto liability insurance policy also may have provisions that cover rented and other non-owned vehicles, such as employee-owned vehicles that are driven for company business. ... Document Retrieval
Understanding YourYour DesignOneDesignOne Coverage:Coverage
Commercial general liability (CGL) insurance is intended to provide coverage primarily for liability arising out of non-professional acts (violations of the personal, business, or property interests of private citizens) that result in bodily injury, property damage, or personal and advertising injury. CGL insurance is designed to ... Get Doc
Insurance Requirements For Acquisition And Service Contracts
Liability to the principal or to a third party, insurance can reduce the risk that the contractor will not have the financial resources available to meet that liability. In particular, where a contractor cannot meet a liability ... Document Viewer
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