Common use of General Requirements for All Insurance Clause in Contracts

General Requirements for All Insurance. 9.1.1 All insurance policies shall require that the insurer shall provide at least thirty (30) calendar days written notice to Owner if a policy is to be canceled, modified, or the coverage thereunder reduced before the expiration date thereof. Design/Builder shall provide Owner with a copy of endorsement(s) to the policies and cancellation and/or non-renewal notices evidencing the same. 9.1.2 All Certificates of Insurance provided to Owner shall be dated and show the name of the insurer, the number of the policy, its effective date, and its termination date. 9.1.3 The University of Florida Board of Trustees and the Florida Board of Governors shall be named as additional insureds on both the General Liability and Auto Liability policies. 9.1.4 All policies shall include a waiver of subrogation endorsement and a severability of interests endorsement. 9.1.5 Owner shall not be liable for amounts that may represent a deductible in any insurance policy, and the payment of such deductibles shall be the sole responsibility of the Professional or consultant providing such insurance. Design/Builder and its consultants shall reveal the amount of such deductibles, if any, for each policy. 9.1.6 Design/Builder shall, simultaneous with Design Builder’s execution of this Agreement (and thereafter on or before the expiration date of an expiring policy, or upon Owner’s request), provide to Owner copies of each insurance policy required by this Agreement, including all endorsements, riders, etc., in order to verify that the contractual insurance requirements set forth herein are being satisfied. .

Appears in 4 contracts

Samples: Design/Build Agreement, Design/Build Agreement, Design/Build Agreement

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General Requirements for All Insurance. 9.1.1 All insurance policies shall require that the insurer shall provide at least thirty (30) calendar days written notice to Owner if a policy is to be canceled, modified, or the coverage thereunder reduced before the expiration date thereof. Design/Builder shall provide Owner with a copy of endorsement(s) to the policies and cancellation and/or non-renewal notices evidencing the same. 9.1.2 All Certificates of Insurance provided to Owner shall be dated and show the name of the insurer, the number of the policy, its effective date, and its termination date. 9.1.3 The Florida Polytechnic University of Florida Board of Trustees and the Florida Board of Governors shall be named as additional insureds on both the General Liability and Auto Liability policies. 9.1.4 All policies shall include a waiver of subrogation endorsement and a severability of interests endorsement. 9.1.5 Owner shall not be liable for amounts that may represent a deductible in any insurance policy, and the payment of such deductibles shall be the sole responsibility of the Professional or consultant providing such insurance. Design/Builder and its consultants shall reveal the amount of such deductibles, if any, for each policy. 9.1.6 Design/Builder shall, simultaneous with Design Builder’s execution of this Agreement (and thereafter on or before the expiration date of an expiring policy, or upon Owner’s request), provide to Owner copies of each insurance policy required by this Agreement, including all endorsements, riders, etc., in order to verify that the contractual insurance requirements set forth herein are being satisfied. .

Appears in 1 contract

Samples: Design/Build Agreement

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