Planning and Organization to Control Liabilities and Insurance Costby Kevin D. Ouellette, Aetna Life & Casualty, Hartford, United States,
Abstract: The liabilities and insurance cost associated with construction projects can be considerable. Activities that are performed which carry extensive liability exposures with limited controls are considered a high risk. Due to the high liability which is inherent, the insurance premium would increase proportionately. The use of temporary support systems is commonly viewed as such an activity. With the appropriate planning and organization, however, the liabilities and insurance cost can be controlled.
Subject Headings: Liability | Insurance | Construction costs | Business organizations
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