Owner Controlled Insurance Programs (OCIPs) is an insurance arrangement of works under construction. The insurance coverages commonly included in an OCIP are transportation insurance during transit phase, fire insurance during operation phase, and construction insurance during construction phase which is the most complex and unmanageable. Owing to many parties are involved in an OCIP, in order to avoid overlaps or gaps of coverages, it shall be first considered how to arrange relative insurance, who is the insured, how to decide insurance period, and how to draft insurance clause while arranging an OCIP. Thus, the sound framework of construction insurance in an OCIP will be then built, so does the smooth promotion of construction works will be achieved.