Certificates and Endorsements. The Consultant shall, at its own cost, maintain in full force and effect, with limits no less than the amounts set forth in the Agreement, a policy of comprehensive/commercial general liability insurance on an occurrence form. The Consultant shall not commence performance of Services under this Agreement until all required insurance has been obtained and a certificate and endorsements have been submitted to the School District. A certificate of insurance and endorsement shall be submitted upon execution of this Agreement that reflects the insurance required below, identifies the School District as additional insured (except professional liability and workers’ compensation) and indicates that the insurance is primary and non- contributing. The insurance policy shall bear an endorsement that the policy shall not be cancelled or the policy limits reduced by endorsement below the coverage required by this Agreement for any reason other than nonpayment of premiums except upon thirty (30) day's prior notice to the School District and only after ten (10) days' prior written notice for non-payment of premiums. All insurance is to be provided by insurance companies with an A.M. Best’s rating of not less than A VIII. The insurance requirement shall not reduce the obligations of the indemnification agreement set out in Article 7. Lapse of coverage or failure to furnish satisfactory evidence of insurance is cause for termination of this Agreement.
Appears in 5 contracts
Samples: Agreement, Consulting Services, Agreement
Certificates and Endorsements. The Consultant shall, at its own cost, maintain in full force and effect, with limits no less than the amounts set forth in the Agreement, a policy of comprehensive/commercial general liability insurance on an occurrence form. The Consultant shall not commence performance of Services under this Agreement until all required insurance has been obtained and a certificate and endorsements have been submitted to the School District. A certificate of insurance and endorsement shall be submitted upon execution of this Agreement that reflects the insurance required below, identifies the School District as additional insured (except professional liability and workers’ compensation) and indicates that the insurance is primary and non- non-contributing. The insurance policy shall bear an endorsement that the policy shall not be cancelled or the policy limits reduced by endorsement below the coverage required by this Agreement for any reason other than nonpayment of premiums except upon thirty (30) day's prior notice to the School District and only after ten (10) days' prior written notice for non-payment of premiums. All insurance is to be provided by insurance companies with an A.M. Best’s rating of not less than A VIII. The insurance requirement shall not reduce the obligations of the indemnification agreement set out in Article 7. Lapse of coverage or failure to furnish satisfactory evidence of insurance is cause for termination of this Agreement.
Appears in 1 contract
Samples: Form of Agreement