Wrap-up exclusion endorsement

{
  "id": "MLC-T-INS-003560",
  "term": "Wrap-up exclusion endorsement",
  "field": "Insurance and risk management",
  "definition": "An endorsement added to a general liability policy that removes coverage for an insured's involvement in a 'wrap-up' insurance program. Wrap-up programs, also known as owner-controlled or contractor-controlled insurance programs, provide a single policy for all contractors and subcontractors on a large construction project. This exclusion prevents duplicate coverage and clarifies which policy is primary.",
  "subject": "Excess Umbrella",
  "url": "https://mlchart.com/terminology/insurance/wrap-up-exclusion-endorsement/"
}