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Does OCP cover completed operations?

No "Products/Completed Operations" protection. The OCP provides only premises/operations coverage; once the work at the site is complete, protection ends.

What is owner's and contractor's protective insurance?

Owners and Contractors Protective (OCP) Liability Coverage \u2014 a stand-alone policy that covers the named insured's liability for bodily injury (BI) and property damage (PD) caused, in whole or in part, by an independent contractor's work for the insured.

What is blanket indemnification?

Blanket contractual Liability can also be named \u201cHold harmless\u201d or \u201cindemnity\u201d Agreements. These are basic agreements that go into the General Liability Coverage. It expresses that Party A (Indemnitor) promises to pay for whatever loss Party B (the indemnitee) faces.

What is blanket contractual liability?

Blanket contractual liability coverage is coverage that applies to liability that is. assumed by the contractor in contracts. It covers liability where the contractor may not be negligent but has agreed to be responsible for loss or damage under a provision of a contract.

What does OCP cover?

What Does an OCP Cover? An OCP helps cover claims for bodily injury and property damage that can result from two possible scenarios: The project owner's vicarious liability in connection with the contractor's work. The project owner's acts or omissions in connection with the general supervision of the contractor.

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