Common use of Contractor’s and Subcontractor’s Insurance Clause in Contracts

Contractor’s and Subcontractor’s Insurance. Pinnacle will require that all parties performing work on or with respect to the Project, including, contractors, subcontractors and service vendors, provide evidence of insurance coverage at such parties' expense, in the following minimum amounts: (a) Workers' Compensation - Statutory amount. (b) Employer's Liability - $500,000 each accident; $500,000 disease-policy limit; $500,000 disease - each employee. (c) Automobile Liability - $1,000,000 covering losses due to the insurer's liability for bodily injury or Project damage. (d) Medical Expenses - $5,000 per person per accident. (e) Uninsured/Underinsured Motorists' Coverage- $1,000,000.

Contractor’s and Subcontractor’s Insurance. Pinnacle PINNACLE will require that all parties performing work on or with respect to the Project, including, contractors, subcontractors and service vendors, provide evidence of insurance coverage at such parties' expense, in the following minimum amounts: (a) Workers' Compensation - Statutory amount. (b) Employer's Liability - $500,000 each accident; $500,000 disease-policy limit; $500,000 disease - each employee. (c) Automobile Liability - $1,000,000 covering losses due to the insurer's liability for bodily injury or Project damage. (d) Medical Expenses - $5,000 per person per accident. (e) Uninsured/Underinsured Motorists' Coverage- $1,000,000.

Contractor’s and Subcontractor’s Insurance. Pinnacle Tenant will require that all parties performing work on or with respect to the ProjectProperty, including, without limitation, contractors, subcontractors and service vendors, provide evidence of maintain insurance coverage at such parties' expense, in the following minimum amounts: (a) Workers' Compensation - Statutory amount. (b) Employer's Liability - $500,000 each accident; $500,000 disease-policy limit; $500,000 disease - each employee. (c) Automobile Liability - $1,000,000 covering losses due to the insurer's liability for bodily injury or Project property damage. (d) . Medical Expenses - $5,000 per person per accident. (e) . Uninsured/Underinsured Motorists' Coverage- Coverage - $1,000,000.