Rework endorsement in WPD

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Aug 6th, 2022
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How to rework endorsement in WPD

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what is up everybody in todayamp;#39;s video weamp;#39;re gonna be talking about what is it that you need to do to start getting referrals into your Restoration company from insurance agents specifically weamp;#39;re gonna be talking about the two different types of insurance agents captives and independents guys if you want to get jobs coming into your business from insurance agents youamp;#39;ve got to know the difference between these two if you own a Restoration company you want to get jobs coming to your business from insurance agents you do not want to miss this video Letamp;#39;s Go all right guys as we get started do me a big favor please go ahead and hit that like button right now and drop me a little comment helps algorithm out makes me feel good letamp;#39;s go as you know there are two types of insurance agents youamp;#39;ve got your captive agents and youamp;#39;ve got your independent agents so weamp;#39;ll start with the very top what is a captive agent a captiv

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A per project aggregate allows the general aggregate limit to apply to each individual project a contractor works on. So, if you have a $2,000,000 general aggregate limit with a per project aggregate, that means that you have $2,000,000 of coverage for each project you work on, subject to the each occurrence limit.
A wrap-up exclusion endorsement is used to remove coverage from a contractors insurance policies to the extent they overlap with the coverages provided for the contractor under a wrap-up insurance program.
Contractors rework coverage insures the cost of tearing out a contractors work when defects in the work make its inclusion in the project unsafe, as well as the cost of replacing the defective work.
Registered Insurance Professional (RIP)
RIP stands for Restitution, Injury, and Punishment. It is the Harris County District Attorneys Office policy to refrain from making a decision on a case before they contact the alleged victim in a case.
Rip and tear costs are those costs required to access defective work or property damage.
Covers the cost of tearing out a contractors bad work due to defects that make its inclusion in the project unsafe.
Respiratory inductance plethysmography (RIP) provides a non-invasive measurement of lung volume using recording bands around the thorax and abdomen.

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