Use this screen to maintain the various types of insurance held by vendors that are subcontractors. Not all vendors are required to carry insurance.
Five types of subcontractor insurance are predefined in Costpoint:
Automobile
Excess Liability
General Liability
Umbrella
Workers Compensation
You cannot edit or delete these types. Use this screen to add a new subcontractor insurance type. To learn more about subcontractors, see Subcontractors.
This column displays the predefined insurance type IDs. If you need an insurance type other than one of the Costpoint-defined types, add a new line and enter a new policy type.
If you enter a new insurance type in the Policy Type field, enter text in this field to define the policy type description. For predefined types, this column displays the Costpoint-defined description.