Common use of Customer’s Insurance Clause in Contracts

Customer’s Insurance. Customer will maintain sufficient insurance to cover all unpaid inventory in its possession. Customer will maintain professional liability insurance with limits of no less than $2,000,000 per incident and $10,000,000 aggregate. ABDC will be named on such policies as an additional insured. ABDC may reasonably increase such required limits from time to time.

Customer’s Insurance. Customer will maintain sufficient insurance to cover all unpaid inventory in its possession. Customer , naming ABDC on such policies as an additional insured, and will maintain professional liability insurance with limits of no less than $2,000,000 10,000,000 per incident and $10,000,000 aggregate. ABDC will be named on such policies as an additional insured. ABDC may reasonably increase such required limits from time to timeincident.