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OCIP Wrap

By | 2018-03-05T12:16:37+00:00 March 5th, 2018|Insurance|

The OCIP or Wrap Policy Owner controlled insurance programs (OCIPs) or contractor controlled insurance programs (CCIPs), commonly referred to as “wraps,” that have been traditionally used for large, commercial projects with construction costs of $50 million or more now are being used for all sizes of residential construction projects. OCIPs are a relatively new