Masonry Magazine December 1967 Page. 23

Masonry Magazine January 1967 Page.23

Masonry Magazine January 1967 Page.23
insurance for contractors


Coverage Check List
While by no means suggesting that one should necessarily buy all of the following basic coverages and extensions or that doing so will guarantee a good insurance program, it may be well to list here most of what is commonly available as a check list.


General Liability
1. Comprehensive Policy Form

2. Property Damage Liability

3. Elevator Liability

4. Independent Contractors Protective Liability

5. Contractual Liability-Blanket Coverage

6. Completed Operations-Products Liability

7. Limits Consistent with Automobile Liability

8. Occurrence Basis Bodily Injury

9. Occurrence Basis Property Damage

10. Property Damage-Explosion, Collapse or Underground Damage

11. Broad Form Property Damage Liability

12. Personal Injury Liability

13. Liquor Law Liability

14. Fire Legal Liability

15. Vendors Liability

16. Professional Liability

17. World-Wide Coverage

18. Watercraft Liability

19. Aircraft Liability


Automobile Liability
1. Comprehensive Policy Form

2. Occurrence Basis Bodily Injury

3. Occurrence Basis Property Damage

4. Medical Payments

5. Uninsured Motorists Coverage

6. Use of Other Automobiles Endorsement

7. Foreign Coverage

8. Limits Consistent with General Liability


Automobile Physical Damage
1. Fleet Automatic Coverage

2. Fire


Automobile Physical Damage (continued)
3. Theft

4. Combined Additional Coverage

5. Malicious Mischief and Vandalism

6. Comprehensive Coverage

7. Collision

8. Towing

9. Foreign Coverage

10. Leased Equipment Coverage


Workmen's Compensation and Employers' Liability
1. Increased Limits-Employers' Liability

2. All States Endorsement

3. Status of Executive Officers or Partners

4. Longshoremen's and Harbor Workers', Jones Act or Federal Employers' Liability Coverage

5. Additional Medical Coverage Endorsement

6. Separate Coverage as Required in Monopolistic Fund States

7. Status of Foreign Employees


Umbrella Excess Liability
1. Accurate Schedule of Underlying Primary Policies

2. Employee Benefit Liability Coverage


Contractors' Equipment Floater
1. "All-Risk" Perils

2. On Premises Coverage

3. Material in Transit

4. On Site Coverage


General
1. Complete and Accurate List of Insured Entities