Masonry Magazine March 1982 Page. 16
INSURANCE CHECK LIST
GENERAL LIABILITY continued from previous page
8. Coverage for Explosion, Collapse or Underground Damage
9. Personal Injury Liability coverage
(a) Including claims arising out of employment
10. Employees as Additional Insureds
11. Other Additional Insured/Protective Liability requirements
(a) Lessors of property
(b) Owners
(c) General Contractors
(d) Construction Managers
(e) Architects/Engineers
(f) Trusts, including beneficiaries of trusts
12. Fire Legal Liability coverage or waiver of subrogation for damage to leased premises
13. Host Liquor Liability coverage
14. Employee Benefit Liability coverage
15. Coverage for foreign operations
16. Policy dates consistent with Umbrella Excess Liability coverage
17. Owned or non-owned watercraft liability coverage
18. Limits of Liability consistent with Business Auto policy
19. Joint Venture policies
20. Coverage for newly-formed entities
21. Advance notice of cancellation by carrier
BUSINESS AUTO POLICY
1. Comprehensive Auto Liability coverage for Any Auto, Symbol "1" for Liability Symbol, "2" for Auto Physical Damage, or equivalent
2. Complete and accurate schedule of autos, coverages and deductibles
3. Automatic coverage for newly-acquired autos without notice to carrier
Fleet automatic Auto Physical Damage coverage
4. Coverage for leased autos
5. Medical Payments coverage
6. Personal Injury Protection
7. No-Fault benefits applicable; limits
8. Uninsured Motorists insurance applicable; limits of liability; options
9. Drive Other Car Coverages
Persons who do not have separate auto insurance
10. Partnerships-status of non-owned auto coverage
11. Additional insureds-lessors
12. Individual Named Insured endorsement
13. Distinct coverages and deductibles by classification of autos
14. Comprehensive coverage, deductibles applicable
15. Collision coverage, deductibles applicable
16. Physical damage to hired autos on primary basis
17. Foreign coverage requirements
18. Policy dates consistent with Umbrella Excess Liability coverage
19. Limits of Liability consistent with Comprehensive General Liability policy
20. Joint Venture policies
21. Coverage for newly-formed entities
22. Advance notice of cancellation by carrier
UMBRELLA EXCESS LIABILITY
1. Complete and accurate schedule of underlying primary Liability policies
2. Minimum underlying policy limit requirements
3. Status of Following-Form Excess Limitations
Contractual Liability
Completed Operations Liability
"Care, custody or control" property damage
Explosion, collapse or underground property damage
Fire Legal Liability
Others
4. Status of "Wrap-Up" exclusions or limitations
5. Joint Ventures
6. Primary defense not provided by underlying policies
7. Amount of self-insured retention
8. Personal Injury Liability definitions
9. Owned, non-owned aircraft coverage
10. Owned, non-owned watercraft coverage
11. Employee Benefit Liability coverage
12. Foreign operations
13. Policy dates consistent with Primary Liability
14. Coverage for newly-formed entities
15. Consideration of higher Limits of Liability
16. Advance notice of cancellation by carrier
BUILDERS' RISK
1. Policy requirements in contract specifications
2. Avoidance of duplication
3. "All-Risk" versus specified peril coverage
4. Deductibles applicable
5. Responsibility for payment of deductibles
6. Coverage for Flood damage
7. Responsibility for equipment in transit
8. Coinsurance requirements
9. Report of values requirements
10. Territorial coverage limitations
11. Waiver of subrogation requirements
12. Complete and accurate name of insured
13. Responsibility for payment of premium
14. Advance notice of cancellation by carrier
INSTALLATION FLOATERS
1. "All-Risk" coverage
2. Deductibles applicable
3. Coverage for materials and equipment in transit
4. Coverage to operate as excess over any applicable Builders' Risk insurance as may be applicable elsewhere
5. Coverage for Flood damage
6. Coinsurance requirements
7. Report of values or gross receipts requirements
8. Territorial coverage limitations
9. Waiver of subrogation requirements
10. Complete and accurate name of insured
11. Acceptability of certificates of Installation Floater coverage in lieu of Builder Risk insurance requirements
12. Adequacy of limits
13. Advance notice of cancellation by carrier
CERTIFICATE OF INSURANCE REQUIREMENTS
1. Certificates of insurance from all subcontractors and regular suppliers with provision for advance notice of cancellation or material change
2. Certificates of personal auto liability insurance from employees who regulary use their own autos for business purposes
3. Certificates of insurance from lessors of autos or equipment where lessor provides insurance