TRUMBULL, CT – Insurance terms are vital to construction contracts and subcontracts. They represent the parties’ agreement about what insurance will be in place to protect the parties from claims by third parties, as well as claims by one party against the other. There are many options for coverage, and every project has its own needs. Nonetheless, there are certain things that every contract, or standalone insurance exhibit, should establish. The construction contract should clearly establish the parties’ mutual obligations to procure and maintain insurance for the project.