Basic Insurance Coverage Clause Samples

The Basic Insurance Coverage clause requires one or both parties to maintain a minimum level of insurance throughout the duration of the agreement. Typically, this clause specifies the types of insurance required—such as general liability, property, or workers’ compensation—and may set minimum coverage amounts or require proof of insurance. Its core function is to allocate risk and ensure that adequate financial protection is in place in case of accidents, damages, or other unforeseen events during the contractual relationship.
Basic Insurance Coverage. The regular insurance premium for the Basic Insurance Coverage for each Period of Insurance and per insurance policy shall amount to CZK 29.
Basic Insurance Coverage insurance in the case of misuse of the Card due to loss or theft, including misuse using the PIN code, • insurance in the case of misuse of the Card in an Internet transaction due to loss or theft, including misuse using the PIN code, • Forced Cash Withdrawal Insurance, • insurance in the case of cash theft, • insurance in the case of loss or theft of keys and/or Identity Documents and/or wallet and/or bag and/or inhaler, • insurance in the case of theft of glasses and/or mobile phone and/or player and/or medication and/or hearing aid and/or meal vouchers, • insurance in the case of misuse of a mobile phone due to its theft.
Basic Insurance Coverage. Paragraph 5.6. The Contractor will support its indemnity obligations by furnishing liability insurance coverage, of the types set forth in Exhibit “B.” Paragraph 5.7.Prior to commencing the Work under this Agreement, Contractor shall obtain a waiver of subrogation from itsinsurers on the policies required herein in favor of The Woodlands Township.
Basic Insurance Coverage insurance in the case of misuse of the Card due to loss or theft, including misuse using the PIN code, - insurance in the case of misuse of the Card in an Internet transaction due to loss or theft, including misuse using the PIN code, - Forced Cash Withdrawal Insurance, - insurance in the case of cash theft, - insurance in the case of loss or theft of keys and/or Identity Documents and/or wallet and/or bag and/or glasses and/or Non-Transferable Travel Card, - insurance in the case of theft of player and/or mobile phone, - insurance in the case of misuse of a mobile phone due to its theft.
Basic Insurance Coverage. Paragraph 5.