Common use of Purchaser’s Insurance Clause in Contracts

Purchaser’s Insurance. The Purchaser reserves the right to take out, on its own initiative: - a “Contractors’ All Risks” policy to cover physical damage to the structure from the arrival of the first materials on site until final acceptance,

Purchaser’s Insurance. The Purchaser reserves the right to take out, on its onits own initiative: - a “Contractors’ All Risks” policy to cover physical damage to the structure from the arrival of the first materials on site until final acceptance,