The Good, the Not So Good, and the Downright Ugly. What Contractors need to understand about the programs and how to protect themselves.
There are many positive things about CIP’s that help contractors. However, there is a down side if a contractor is not aware of some of the consequences. This program will help contractors achieve the following objectives:
1. Know the ramifications of including / excluding insurance costs in bids both at the front end and back end of a job.
2. Understand what coverages are being provided and equally what is not being provided.
3. Understand the importance of developing a working relationship with the CIP administrator / broker in order to get access to information.
4. Know the person(s) at the broker and/or sponsor levels that is/are responsible for handling the claim in order to have a voice in the claims process.