Basic Insurance Requirements. The A/E shall carry insurance with responsible underwriters acceptable to HISD and with minimum limits of liability, as stated below, against claims for damages caused by bodily injury, including death, to employees and third parties, claims for property damage; and claims arising out of the performance of professional services caused by any of his own errors, omissions or negligent acts, or the errors, omissions or negligent acts of any person and/or consultant employed by him or by others for which he is legally liable. The A/E shall furnish certificates of insurance on state approved forms to HISD indicating compliance with this Section.
Basic Insurance Requirements. The A/E shall carry insurance with responsible underwriters acceptable to IISD and with minimum limits of liability, as stated below, against claims for damages caused by bodily injury, including death, to employees and third parties, claims for property damage; and claims arising out of the performance of professional services caused by any of his own errors, omissions or negligent acts, or the errors, omissions or negligent acts of any person and/or consultant employed by him or by others for which he is legally liable. The A/E shall furnish certificates of insurance on state approved forms to IISD indicating compliance with this Section.
Basic Insurance Requirements. Prior to commencing Work, the Program Manager and each of its Subconsultants shall procure and maintain insurance at the Program Manager's own cost and expense for the duration of the Basic Term against Claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Work or services hereunder by the Program Manager, its joint venture partner or constituents, agents, representatives, employees, or Subcontractors.
.1 Without in any way affecting the indemnity provided in or by Section 8.1, the Program Manager shall secure before commencement of the Work and throughout the time of performance of this Agreement the types and amounts of insurance specified in this Section 8.2.
.2 Insurance is to be placed with insurers with a current A.M. Best's rating of no less than A:6 unless otherwise approved by the District.
.3 Each insurance required by this Section 8.2 shall be endorsed to state that coverage shall not be canceled except after thirty (30) days prior written notice by certified mail, return receipt requested, has been given to the District in accordance with the notice provisions of this Agreement.
Basic Insurance Requirements. At Borrower’s sole expense, Borrower shall procure and maintain the following minimum insurances with insurers authorized to do business in North Carolina and rated A-VII or better by A.M. Best.
A. WORKERS’ COMPENSATION Statutory limits covering all employees, including Employer’s Liability with limits of: $500,000 Each Accident $500,000 Disease - Each Employee $500,000 Disease - Policy Limit
B. COMMERCIAL GENERAL LIABILITY Covering all operations involved in this Agreement. $2,000,000 General Aggregate $2,000,000 Products/Completed Operations Aggregate $1,000,000 Each Occurrence $1,000,000 Personal and Advertising Injury Limit $5,000 Medical Expense Limit C. COMMERCIAL AUTOMOBILE LIABILITY $1,000,000 Combined Single Limit - Any Auto
Basic Insurance Requirements. Prior to commencing work, the Design Consultant must procure, maintain and pay for insurance against claims for injuries to persons or damage to property that may arise from or in connection with the performance of the Services by the Design Consultant or its agents, representatives, employees or subconsultants for the duration of this Agreement. Design Consultant must obtain insurance that, at a minimum, meets the requirements for insurance set forth in Exhibit “I,” Insurance Requirements and Verifications.
Basic Insurance Requirements. On or before Tenant's entry onto the Premises and before any such insurance policy shall expire, Tenant shall furnish Landlord with certificates of all insurance required by this Article VIII. Tenant agrees that if it does not keep this insurance in full force and effect, Landlord may notify Tenant of this failure, and if Tenant does not deliver to Landlord certificates showing all of the required insurance to be in full force and effect within ten (10) days after this notice, Landlord may, at its option, take out and pay the premiums on the insurance needed to fulfill Tenant's obligations under the provisions of this Article VIII, and on demand from Landlord, Tenant shall reimburse Landlord the full amount of any insurance premiums paid by Landlord, with interest at the rate set forth in Section 2.07 hereof from the date of Landlord's demand until reimbursement by Tenant, or, in the alternative, declare Tenant in default of this Lease. Insurance required to be provided by Tenant shall be (i) evidenced by certificates of insurance, which certificates shall state that the insurance cannot be canceled and that it shall continue in full force and effect, unless Landlord has received at least thirty (30) days prior written notice of such cancellation or termination, (ii) not be materially changed without at least thirty (30) days prior written notice to Landlord, (iii) shall name Landlord and its mortgagee as additional insureds, and (iv) contain an express waiver of any right of subrogation by the insurance company against Landlord, Landlord's agents and employees, and mortgagees . The insurance shall be carried by insurance companies authorized to transact business and licensed in the state in which the Premises is located. Neither the issuance of any insurance policy required hereunder, nor the minimum limits specified herein with respect to Tenant's insurance coverage, shall be deemed to limit or restrict in any way Tenant's liability arising under or out of this Lease. Notwithstanding the foregoing, however, Tenant may self-insure any of the amounts herein stated pursuant to a bona fide self-insurance retention program so long as the amounts so self-insured by Tenant are guaranteed by an affiliate of Tenant whose net worth exceeds twenty five million dollars ($25,000,000).
Basic Insurance Requirements. The Construction Contractor shall maintain the following insurances with a company or companies lawfully authorized to do business in Florida, and with an A.M. Best Rating of no less than A, X. All insurance policies shall be issued and countersigned by duly authorized representatives of such companies and shall be written on ISO standard forms or their equivalents. The insurance policies shall require that the insurer shall provide at least thirty (30) days written notice to Owner if a policy is to be canceled or the coverage thereunder reduced before the expiration date thereof and Construction Contractor shall provide Owner with a copy of an endorsement to the policy evidencing the same. The insurance required hereunder shall be carried by Construction Contractor at least until the Project is finally completed and accepted by Owner. Owner may require the Construction Contractor and its subcontractors to carry additional types and amounts of insurance it deems appropriate given the nature and size of a particular Project. In such case, Owner shall notify Construction Contractor within a reasonable period of time prior to the commencement of the Work of such additional requirements.
Basic Insurance Requirements. The Builder shall obtain and maintain the policies of insurance set forth in this Article with a company or companies lawfully authorized to do business in Florida, and with an A.M. Best Rating of no less than A, XV. All insurance policies shall be issued and countersigned by duly authorized representatives of such companies and shall be written on ISO standard forms or their equivalents. The insurance policies shall require that the insurer shall provide at least thirty (30) days written notice to Owner if a policy is to be canceled or the coverage thereunder reduced before the expiration date thereof and Builder shall provide Owner with a copy of an endorsement to the policy evidencing the same. The insurance required hereunder shall be carried by Builder at least until the Project has achieved Final Completion and has been accepted by Owner. At the Owner’s sole discretion, the Owner may require the Builder and/or its subcontractors to carry additional types and amounts of insurance it deems appropriate given the nature and size of a particular Project. In such case, Owner shall notify Builder within a reasonable period of time prior to the commencement of the Work of such additional requirements.
Basic Insurance Requirements. Contractor does hereby attest that it has general liability insurance coverage (which covers all its operations including but not limited to motor vehicle transportation) in the minimum amount of one million ($1,000,000) dollars. A “Certificate of Insurance” affirming said coverage is attached hereto as an integral part of this Contract. County shall be listed as an additional insured under said Certificate of Insurance and a copy of said endorsement shall be provided to County within ten (10) days signing of Contract. Contractor shall at all times during the existence of this contract maintain liability insurance coverage in the amount not less than one million ($1,000,000) dollars. Contractor shall provide evidence of continuation or renewal of Professional Liability Insurance for a period of two (2) years following termination of the Agreement.
Basic Insurance Requirements.
1) The Professional shall obtain and maintain in effect during the term of, and until final acceptance of all work under this Agreement, a policy or policies of liability insurance with the following coverage:
i) Commercial General Liability – Occurrence Form (if applicable) Policy shall include bodily injury, property damage, personal injury, broad form contractual liability, and XCU coverage. General Aggregate $ 2,000,000 Personal and Advertising Injury $ 1,000,000 Each Occurrence $ 1,000,000 Fire Legal Liability (Damage to Rented Premises) $ 100,000 The policy shall be endorsed to include the following additional insured language: “The City of Prescott shall be named as an additional insured with respect to liability arising out of the activities performed by, or on behalf of the Professional.”
ii) Professional Liability (Errors and Omissions Liability) Each Claim $ 1,000,000 Annual Aggregate $ 2,000,000 In the event that the professional liability insurance required by this Contract is written on a claims-made basis, Contractor warrants that any retroactive date under the policy shall precede the effective date of this Contract and that either continuous coverage will be maintained or an extended discovery period will be exercised for a period of two (2) years at the time work under this contract is completed. The policy shall cover professional misconduct or lack of ordinary skill for those positions defined in the Scope of Work of this contract.
iii) Business Automobile Liability (if applicable) Bodily Injury and Property Damage for any owned, hired, and/or non-owned vehicles used in the performance of this Contract. Combined Single Limit (CSL) $ 1,000,000
