Does Your Insurance Program Cover All Insurance Requirements in the Contracts You’re Signing?

Denise GillinConstruction, Insurance, Risk Management

By Gary Semmer for AssuredPartners

A great question to stop and ask yourself – how certain are you that in the event of a claim your insurance program will trigger coverage? Often, contracts get signed, excited to have that piece completed and ready to get moving with the next part. But, if you aren’t checking your insurance program’s fine print ahead of signing a contract you may be signing something that could be the beginning of a major problem later on.

Let’s examine 3 problematic areas:

  • Indemnification
  • Additional Insured Requirements
  • Coverage Restrictions or Exclusions

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