Risk and Insurance

Topic	Replies	Views	Activity
What would be the implications of entering high levels of deductibles in the Contract Data?	1	754	11 October 2012
What would be the implications of entering very low amounts against the deductibles in the Contract Data?	1	699	11 October 2012
What should the Employer do if he is unsure about what level of deductibles (excesses) to apply insurance policies?	1	655	11 October 2012
Why might the Contractor not accept the terms of the insurance policies which the Employer has provided?	1	637	11 October 2012
When does the Project Manager submit policies and certificates for insurances provided by the Employer to the Contractor?	1	705	11 October 2012
If the Employer decides to insure a risk which the Contractor was required to insure but did not, who pays the cost of the insurance?	1	687	11 October 2012
What if the Employer decides not to insure a risk which the Contractor should have insured but did not?	1	657	11 October 2012
What happens if the Contractor has not submitted a required insurance certificate to the Project Manager?	1	667	11 October 2012
What happens if the Parties fail to comply with the terms and conditions of the insurance policies?	1	692	11 October 2012
Who must comply with the terms and conditions of the insurance policies?	1	590	11 October 2012
Are there any exceptions to the waiver of subrogation rights?	1	879	11 October 2012
Can the insurance company recoup expenses for a claim paid out when another Party should have been responsible for paying at least a portion of that claim?	1	816	11 October 2012
Why are deductibles (or excesses) applied to insurance policies?	1	740	11 October 2012
Does the amount of deductible (or excess) affect the level of premium which the insured must pay?	1	665	11 October 2012
Why might the amount recovered from an insurer, not cover the full cost of an event?	1	618	11 October 2012
Who bears the cost of an event which is at the Contractor’s risk, if the amount recovered from the insurer does not cover the whole cost of the event?	1	653	11 October 2012
Who bears the cost of an event which is at the Employer’s risk, if the amount recovered from the insurer does not cover the whole cost of the event?	1	616	11 October 2012
What should the Project Manager do if he is unsure whether the Contractor’s insurance certificates satisfy the requirements of the contract?	1	683	11 October 2012
Why might the Project Manager not accept the Contractor’s insurance certificates?	1	695	11 October 2012
What should the Contractor do with the certificates he receives from the Contractor proving that the insurance required by the contract is in force?	1	564	11 October 2012
When should the Contractor submit to the Project Manager certificates proving that the insurance required by the contract is in force?	1	645	11 October 2012
What is the minimum level of cover or minimum level of indemnity the Contractor has to provide for liability for liability for injury to or death of employees of the Contractor as a result of their employment in connection with the contract?	1	620	11 October 2012
Does the Contractor have to provide insurance cover for liability for bodily injury to or death of employees of the Contractor as a result of their employment in connection with the contract?	1	614	11 October 2012
What is the minimum amount of cover or minimum level of indemnity the Contractor has to provide for liability for bodily injury to or death of a person (not an employee of the Contractor) caused by an activity in connection with the contract?	1	676	11 October 2012
Does the Contractor have to provide insurance cover for liability for bodily injury to or death of a person (not an employee of the Contractor) caused by an activity in connection with the contract?	1	667	11 October 2012
What is the minimum amount of cover or minimum level of indemnity the Contractor has to provide for loss of or damage to property caused by activity in connection with the contract?	1	760	10 October 2012
Does the Contractor have to provide insurance cover for liability for loss of or damage to property caused by activity in connection with the contract?	1	639	10 October 2012
What is the minimum amount of cover or minimum level of indemnity the Contractor has to provide for loss of or damage to Equipment?	1	623	10 October 2012
Does the Contractor have to provide insurance cover for loss of or damage to Equipment?	1	622	10 October 2012
What is the minimum amount of cover or minimum level of indemnity the Contractor has to provide for loss of or damage to the works, Plant and Materials?	1	738	10 October 2012