What Does Project Management Protective Liability Insurance Mean?

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What does Project Management Protective Liability Insurance mean? Read on to discover the definition & meaning of the term Project Management Protective Liability Insurance - to help you better understand the language used in insurance policies.

Project Management Protective Liability Insurance

Project Management Protective Liability Insurance

An endorsement to the owners and contractors protective (OCP) liability insurance policy that was developed to meet an optional requirement in the 1997 edition of the General Conditions for the Construction Contract published by the American Institute of Architects (AIA Document A201). This optional requirement never gained traction and was withdrawn when the A201 standard contract form was updated in 2007. The standard PMPL endorsement was subsequently withdrawn.

We hope the you have a better understanding of the meaning of Project Management Protective Liability Insurance.

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