Wrap projects are construction contracts and projects that cost over $10 million. Wrap projects entitle contractors, project managers, and other superiors on the construction team to apply for wrap insurance which is an all-encompassing liability policy.

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Working on a Wrap Project: You're Not As Protected As You Think

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I work with high risk businesses every day, and sometimes, when I think I’ve seen it all, something new comes around to surprise me. Many large construction projects will use a “Wrap” or an “OCIP/CCIP” (For more info on what this…