How to protect against project losses with Daniel Fulcher
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: / contractor-success-forum FIND US ONLINE Rob Williams, Profit Strategist | https://IronGateESS.com Wade Carpenter, CPA, CGMA | https://CarpenterCPAs.com Stephen Brown, Bonding Expert | https://McWins.com

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