Start with the contract and economic dependency
Identify the parties, term, obligations, payment structure, termination rights, governing law, and the revenue or cost tied to performance. Explain how the business depends on this particular agreement or counterparty.
Define the event the business wants addressed
Describe the event, interruption, default, or other circumstance of concern without assuming it is insurable. Note existing remedies, contingency plans, alternative suppliers or customers, and any prior dispute.
Contract questions for an initial review
- Which obligation or payment does the business depend on, and for how long?
- What event is the business concerned about, and which party controls that event?
- What contractual remedies, alternatives, or contingency plans are already available?
What CARMA wants the submission to explain
These details help the team understand the account and identify the next useful question. They do not establish eligibility or available terms.
- Describe the contract, performance obligation, counterparty, revenue dependency, and event creating concern.
- Explain contractual remedies, replacement options, termination rights, security, and contingency plans already available.
- State the requested decision without assuming a specialized product is available or would respond to the event.
Records for a contract-risk discussion
- Executed agreement and amendments with party, term, obligation, and termination details
- Financial explanation of the dependency and requested protection
- Counterparty information, prior disputes, existing remedies, and contingency plans
Can CARMA consider this account?
CARMA confirms program fit, licensing, state availability, coverage options, and market interest for each account. This guide does not promise eligibility, terms, pricing, or placement.