Project liability insurance
Term · Insurance and risk management · MLC-T-INS-002718
A specialized insurance policy designed to cover the liability exposures of all parties involved in a specific construction project, such as the owner, general contractor, and subcontractors. This coverage typically includes general liability, professional liability, and sometimes environmental liability for the duration of the project. It provides a unified approach to managing project-specific risks.
| Identifier | MLC-T-INS-002718 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002718",
"term": "Project liability insurance",
"field": "Insurance and risk management",
"definition": "A specialized insurance policy designed to cover the liability exposures of all parties involved in a specific construction project, such as the owner, general contractor, and subcontractors. This coverage typically includes general liability, professional liability, and sometimes environmental liability for the duration of the project. It provides a unified approach to managing project-specific risks.",
"url": "https://mlchart.com/terminology/insurance/project-liability-insurance/"
}
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