Send us Fan Mail

You may have heard of one catastrophic project taking a whole construction company down - usually due to a combination of issues that may include delays, damages, and mismanagement. This has unfortunately become more common, which is why there's a new insurance product in the industry: Project Loss Insurance. Daniel Fulcher from Travelers joins us to discuss the benefits, costs, and details of how this coverage works.

 Topics we cover in this episode include:

• What Project Loss Insurance is and what it covers
• How underwriting is done for Project Loss Insurance
• How a project loss is assessed
• Using PLI when exiting or scaling your business
• PLI coverage limits
• PLI and Joint Ventures

LINKS

Visit the episode page at https://contractorsuccessforum.com/PLI for more details and a transcript of the show.

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/contractor-success-forum

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
   
FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com