Products

Guidelines for Insurance Specifications

Guidelines for Insurance Specifications

Subscribe Now for Access Today!

Subscribe for:
Request Demo

The cost of IRMI application products depends on the size of your organization. The size ranges are as follows.

  • 1-9 Employees
  • 10-30 Employees
  • 31-60 Employees
  • 60+ Employees - Contact us for a quote!

To subscribe to an IRMI product, you can purchase either a single-seat license for an individual, or an unlimited group license for everyone in your organization. The cost depends on whether your firm qualifies as a "Small Business" or a "Large Business" under the definitions in the following table.

Item Individual Small Business Large Business
Users 1 Unlimited Unlimited
Agency/Brokerage Any size Under $10M Revenue $10M+ Revenue
Insurance Company Any size Under $100M Premium $100M+ Premium
Law Firm Any Size Under 10 coverage Lawyers 10+ Coverage Lawyers
Risk Mgmt. Dept. Any Size Any Size N/A
Other Organization Any Size Under 100 Employees 100+ Employees

All IRMI subscriptions are annual. Most subscriptions offer two ways to pay.

  1. Monthly: The full annual cost is broken out over 12 monthly installments that are billed to your credit card each month.
  2. Annual: Get 5% off the full annual cost if you choose a single payment billed to your credit card once per year.

Note that the monthly payment option and the subsequent 5% discount for annual payments are not available on some products.  

Guidelines for Insurance Specifications

Product type: 1 Year Subscription

Publication Date(s): 1985-2018

Part of: Risk and Insurance Package

Discount: Prices shown include a 5% discount for choosing the annual payments option

Questions?
Call (800) 827-4242
Mon-Fri 8am to 5pm CST
Contact Us

Summary

Guidelines for Insurance Specifications has been prepared to aid insurance buyers, risk managers, agents, and brokers in the preparation of insurance specifications and related requests for proposals.

Once an insurance program is designed, the desired and required coverage terms must be communicated to underwriters, and this handy guide helps you prepare clear and concise instructions. It contains model specifications for 24 commonly purchased types of commercial lines insurance.

Allows you to quickly prepare detailed and accurate specifications tailored to any organization's needs. This thorough guide explains how to properly bid insurance programs, clearly communicating the insured's coverage requirements.

Guidelines for Insurance Specifications covers these topics.

  • Insurance Bidding
  • Service Provider Selection and Evaluation Checklist
  • Model Request for Proposal
  • Model Specifications
  • Business Auto Coverage Specifications
  • Workers Compensation Coverage Specifications
  • Commercial General Liability Coverage Specifications
  • Umbrella Liability Coverage Specifications
  • Direct Damage and Time Element Property Coverage Specifications
  • Builders Risk/Installation Coverage Specifications
  • Contractors Equipment Coverage Specifications
  • Boiler and Machinery Coverage Specifications
  • Crime Coverage Specifications
  • Aircraft Liability and Hull Coverage Specifications
  • Nonowned Aircraft Liability Coverage Specifications
  • Professional/Errors and Omissions Liability Coverage Specifications
  • Directors and Officers Liability Coverage Specifications
  • Employment Practices Liability Coverage Specifications
  • Fiduciary Liability Coverage Specifications
  • And More!

Download Table of Contents

Agents, Brokers, and Account Support Staff

  • Quickly create a set of specifications tailored to fit the needs of virtually any organization when bidding commercial property and liability insurance programs.

Risk Managers, Financial Executives, & Insurance Buyers

  • Prepare comprehensive and effective insurance specifications by customizing the model specifications.
  • Save time developing specifications by customizing the template.
  • Get insightful and practical advice about the pros and cons of different approaches to competitively bidding your program.

Consultants

  • Prepare comprehensive and effective insurance specifications by customizing the model specifications.
  • Save time developing specifications by customizing the template.
Bonus Publication Icon

Your purchase of Guidelines for Insurance Specifications comes with a copy of the Contractor's Guide to OCIPs, a handy reference that provides guidance on 39 issues contractors should consider when accepting coverage through a wrap-up or controlled insurance program. This publication was prepared by the OCIP Task Force of the AGC of America.