OCR

{
  "id": "MLC-T-IND-007142",
  "term": "OCR",
  "field": "Industrial and trades",
  "definition": "An Owner Controlled Insurance Program, a single policy purchased by a property owner or developer to cover most parties working on a large construction project, including the general contractor and subcontractors. This consolidated approach replaces the need for each contractor to provide separate insurance, simplifying claims and lowering overall insurance costs. An OCR typically includes general liability, workers' compensation, and excess liability coverage for all enrolled participants on the job site.",
  "subject": "Construction",
  "translations": {
    "de": "OCR",
    "es": "OCR",
    "fr": "OCR"
  },
  "url": "https://mlchart.com/terminology/industrial/ocr/"
}