---
title: What is Wrap-Up Insurance?
description: Unsure of how wrap-up insurance works or what it even is? TSIB is here to help. Here's everything you need to know about wrap-up insurance.
---

[Blog - TSIB, Inc.](https://blog.tsibinc.com)

# [What is Wrap-Up Insurance?](https://blog.tsibinc.com/what-is-wrap-up-insurance)

 Written by [The TSIB Team](https://blog.tsibinc.com/author/the-tsib-team) | January 30, 2018

Wrap-up insurance programs are becoming more common in the construction industry, but many owners and contractors are unfamiliar with how they function. What is **[wrap-up insurance](https://blog.tsibinc.com/3-helpful-hints-when-enrolling-in-a-wrap-up)** and how exactly does it work? This blog post will discuss what a wrap-up policy is, the two types of wrap-up insurance programs, and the benefits they can have for your construction company.

##### **What is a wrap-up insurance program?**

Simply put, a Wrap-up insurance program changes the way liability and workers' compensation insurance is procured for large construction projects. Traditionally, subcontractors provide their own insurance, as required by the owner, for a particular project. In a Wrap-Up insurance program, coverage for **[Workers Compensation](https://tsibinc.com/insurance-services/commercial-insurance/workers-compensation-insurance/), [General Liability](https://tsibinc.com/insurance-services/general-liability-insurance/)** and **[Excess Liability](https://tsibinc.com/insurance-services/excess-liability-insurance/)** is provided for the length of the program for all enrolled participants.

##### **There are two common types of wrap-up coverage: OCIP and CCIP**

1. Owner-controlled insurance program (OCIP): The program is sponsored by the Owner of the project. Benefits for this program include cost and claim control, as well as improved safety and reduced litigation.

2. Contractor-controlled insurance program (CCIP): The program is sponsored by the General Contractor. A couple of benefits for this program include premiums with all of the costs—both variable and fixed—excellent return-to-work programs, and established crisis management protocols.

##### **What are the benefits of a Wrap-Up insurance program?**

Overall, sponsors of controlled insurance programs can see multiple benefits of a wrap-up insurance program, including the following:

- Broader Coverage
- Safety
- Lower Costs
- Increased Profits

In all types of **[Wrap-Up insurance programs](https://tsibinc.com/wrap-ups/),** the backing of a strong broker and successful administration play a key role! Interested in learning more about the **[different Wrap-Up programs](https://blog.tsibinc.com/ocip-and-ccip-their-benefits-and-challenges)** available for your next construction project? Download the TSIB eBook, "The Best Fit for Your Project: CCIP vs. OCIP" today!

image credit: KomootP/shutterstock.com

[View full post](https://blog.tsibinc.com/what-is-wrap-up-insurance)

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