• Construction and Development Wrap-Up Insurance Plans
  • July 7, 2011
  • Law Firm: Eastman & Smith Ltd. - Columbus Office
  • An Owner Controlled Insurance Plan (OCIP) is a type of wrapup insurance program. A wrap-up insurance program is an insurance program that bundles more than one insured contractor or sub-contractor into a single program. Here, an OCIP bundles a construction project owner, the general contractor and all the sub-contractors into one insurance program.