Common use of Contractor Furnished Insurance Clause in Contracts

Contractor Furnished Insurance. 1. Without limiting any of the other obligations or liabilities of the Contractor under the Contract, Contractor will at all times until all its obligations hereunder have been fully discharged, carry and continuously maintain at its own expense, or cause to be carried and continuously maintained, at least the minimum insurance coverage set forth in this Article 12.2, in each case with insurance companies of recognized responsibility, and with terms and conditions acceptable to Owner. 0. Xxxxxxxxx carried in accordance with this Article 12.2 shall, to the extent of the indemnities set forth in Article 12.1, be endorsed to provide that Owner. its Construction Manager (if any) and its Architect/Engineer shall be included as an additional insured using additional insured endorsement ISO Form 20 10 11 85 or its equivalent (except with regard to worker’s compensation and professional liability) with the understanding that any obligation imposed upon the insured (including the liability to pay premiums) shall be the sole obligation of Contractor and not that of Owner. Inasmuch as such insurance is written to cover more than one insured, all terms, conditions, insuring agreements and endorsements, with the exceptions of limits of liability, shall operate in the same manner as if there were a separate policy covering each insured except with regard to the limits stated in Article 12.2(B)(4). Within ten (10) days of Owner's request thereof, Contractor shall provide to Owner a certified full copy of each policy of insurance, together with all endorsements, that Contractor is required to have pursuant to the Contract. 3. With respect to all insurance maintained by Contractor pursuant to the Contract, (A) the interests of Owner and Contractor shall not be invalidated by any action or inaction of any other person or entity, and Contractor, Owner, Construction Manager (if any) and its Architect/Engineer shall be insured regardless of any breach or violation by the Contractor or any other person or entity of any warranties, declarations or conditions contained in such policies; and should such policies in fact not be in effect because of such breach or violation, then Contractor shall reimburse Owner for such amounts as Owner and its Architect/Engineer would have received had such insurance been in effect; (B) all deductibles shall be in amounts acceptable to Owner but shall be paid by Contractor; (C) the insurers thereunder shall waive all rights of subrogation against Contractor, Owner, Construction Manager (if any) and its Architect/Engineer, any right of set-off and counterclaim and any other right to deduction whether by attachment or otherwise; (D) such insurance shall be primary without right of contribution of any other insurance or self-insurance carried by or on behalf of Contractor or Owner, Construction Manager (if any) and its Architect/Engineer with respect to their interest in the Work and the Project; and (E) if such insurance is cancelled by the insurer for any reason whatsoever (including nonpayment of premium) or any substantial change is made in the coverage that affects the interests of Contractor and Owner, Construction Manager (if any) and its Architect/Engineer, such insurance shall nonetheless remain effective for thirty (30) days after receipt of written notice to Owner sent by registered mail from such insurer of such cancellation or change. 4. During the life of the Contract and for such additional time as may be required, Contractor will provide, pay for, and maintain the insurance outlined below covering Contractor's activities and those of any of the Subcontractors to whatever tier. (a) Workers' Compensation and Employer's Liability: Workers' compensation insurance in accordance with applicable law providing statutory limits of coverage Employer's liability insurance with a minimum limit of liability of $1,000,000 for each occurrence

Contractor Furnished Insurance. 1. Without limiting any of the other obligations or liabilities of the Contractor under the Contract, Contractor will at all times until all its obligations hereunder have been fully discharged, carry and continuously maintain at its own expense, or cause to be carried and continuously maintained, at least the minimum insurance coverage set forth in this Article 12.2, in each case with insurance companies of recognized responsibility, and with terms and conditions acceptable to Owner. 0. Xxxxxxxxx carried in accordance with this Article 12.2 shall, to the extent of the indemnities set forth in Article 12.1, be endorsed to provide that Owner. , its Construction Manager (if any) and its Architect/Engineer shall be included as an additional insured using additional insured endorsement ISO Form 20 10 11 85 or its equivalent (except with regard to worker’s compensation and professional liability) with the understanding that any obligation imposed upon the insured (including the liability to pay premiums) shall be the sole obligation of Contractor and not that of Owner. Inasmuch as such insurance is written to cover more than one insured, all terms, conditions, insuring agreements and endorsements, with the exceptions of limits of liability, shall operate in the same manner as if there were a separate policy covering each insured except with regard to the limits stated in Article 12.2(B)(412.2 (B)(4). Within ten (10) days of Owner's request thereof, Contractor shall provide to Owner a certified full copy of each policy of insurance, together with all endorsements, that Contractor is required to have pursuant to the Contract. 3. With respect to all insurance maintained by Contractor pursuant to the Contract, (A) the interests of Owner and Contractor shall not be invalidated by any action or inaction of any other person or entity, and Contractor, Owner, its Construction Manager (if any) and its Architect/Engineer shall be insured regardless of any breach or violation by the Contractor or any other person or entity of any warranties, declarations or conditions contained in such policies; and should such policies in fact not be in effect because of such breach or violation, then Contractor shall reimburse Owner for such amounts as Owner and its Architect/Engineer would have received had such insurance been in effect; (B) all deductibles shall be in amounts acceptable to Owner but shall be paid by Contractor; (C) the insurers thereunder shall waive all rights of subrogation against Contractor, Owner, Construction Manager (if any) and its Architect/Engineer, any right of set-off and counterclaim and any other right to deduction whether by attachment or otherwise; (D) such insurance shall be primary without right of contribution of any other insurance or self-insurance carried by or on behalf of Contractor or Owner, Construction Manager (if any) and its Architect/Engineer with respect to their interest in the Work and the Project; and (E) if such insurance is cancelled by the insurer for any reason whatsoever (including nonpayment of premium) or any substantial change is made in the coverage that affects the interests of Contractor and Owner, Construction Manager (if any) and its Architect/Engineer, such insurance shall nonetheless remain effective for thirty (30) days after receipt of written notice to Owner sent by registered mail from such insurer of such cancellation or change. 4. During the life of the Contract and for such additional time as may be required, Contractor will provide, pay for, and maintain the insurance outlined below covering Contractor's activities and those of any of the Subcontractors to whatever tier. (a) Workers' Compensation and Employer's Liability: Workers' compensation insurance in accordance with applicable law providing statutory limits of coverage Employer's liability insurance with a minimum limit of liability of $1,000,000 for each occurrence