What it does
CG 31 66 modifies the Owners And Contractors Protective Liability Coverage Part and excludes bodily injury and property damage arising out of the design, manufacture, construction, installation, application, maintenance or repair of any exterior insulation and finish system or substantially similar system, using the same EIFS definition as CG 21 86.
Who needs it
Owners and upstream contractors buying OCP coverage on projects with EIFS cladding.
Key provisions and limits
- Unlike CG 21 86 and CG 31 67, the OCP version does not include the paragraph excluding work on exterior components of EIFS-clad structures.
