What Does Partner Controlled Insurance Program Mean?

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What does Partner Controlled Insurance Program mean? Read on to discover the definition & meaning of the term Partner Controlled Insurance Program - to help you better understand the language used in insurance policies.

Partner Controlled Insurance Program

Partner Controlled Insurance Program

A variation on the owner controlled insurance program (OCIP) or contractor controlled insurance program (CCIP), all of which provide a master insurance, safety, and claim management program for enrolled contractors performing work on a construction project. The distinguishing feature of a PCIP is that two or more of the parties to the project (e.g., the owner, general contractor, subcontractors, etc.) jointly sponsor the program. The partnership encompasses the development and operation of the program, as well as any cost savings.

We hope the you have a better understanding of the meaning of Partner Controlled Insurance Program.

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