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What does OCIP stand for?

OCIP stands for Owner Control Insurance Program

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Detailing why project owners should consider an Owner-Controlled Insurance Program (OCIP).
An owner controlled insurance program (OCIP) is an insurance policy held by a property owner during the construction or renovation of a property, which is typically designed to cover virtually all liability and loss arising from the construction project (subject to the usual exclusions). The policy package usually contains Commercial General Liability Policy, Workers Compensation policy with employers liability and depending on the project or program in place there are specific forms outlining coverage via forms endorsement.